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Jordan Liam Davies

Jordan Liam Davies
Jordan Liam Davies Real Estate
DRE 01914332

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Sold for $841,900 Sold

16310 Devonshire Street
Granada Hills, CA 91344

Residential Income
3,169 sq ft - MLS# SR17276466
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Sold for $841,900 on May 11, 2018


Fantastic opportunity with two homes on a large lot in prime location Granada Hills. These homes are private and offer two separate entrances. First home is two bedrooms and two baths. This home has the entrance on Devonshire St. Second home is four bedrooms and two and half baths with a private pool and large driveway with entrance on Tuba St. Built in 1926 with approx. 3,169 building sq. ft. situated on approx. 15,208 sq. ft. lot there is nothing like it on the market. There are plentiful fruit trees on both properties from orange, lemons, grapefruit and fig trees. One home is leased on a month to month basis at $3,050 with the other half way through a 12 month lease at $2,050 per month. Both are separately metered for gas and electric. Copper plumbing, 4 yr. old water heater, central air, hardwood floors, recessed lighting and in unit washer/dryer hookups ? per owner. This property offers rental upside potential, value add and stable income for any investor. It also can be perfect for owner/user as both homes are private. Current rents in place are strong with great upsides.


  • Agent License Number: 01914332
  • Appliances: Electric Dryer Hookup
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Cap Rate: 5.60
  • Carport Spaces Total: 2
  • City Code: 10000060509
  • Common Walls: Detached/No Common Walls
  • Cooling Type: Central A/C
  • County/Area: Los Angeles County
  • Expense Insurance: 1300.00
  • Expense Operating: 10850.00
  • Expense Pool: 500.00
  • Expense Tax: 9050.00
  • Expense Total Annual: 10850.00
  • Fireplace: Bath, Dining, Family Room, Kitchen, Living Room, Master Bedroom, Fireplace
  • Floor Material: Laminated, Wood
  • Gross Scheduled Income: 61200.00
  • Heating Type: Central Furnace
  • Interior Features: Open Floor Plan, Recessed Lighting
  • Kitchen Features: Granite Counters
  • Listing Status: Closed
  • Lot Description: Storm Drains, Street Lighting, Back Yard, Yard
  • Lot Size Source: Public Records
  • Lot Size SQ FT: 15209
  • Monthly Gross Income: $61,200
  • Net Operating Income: 51250.00
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of Buildings: 2
  • Open Other Spaces Total: 10
  • Other Structural Features: Full Copper Plumbing
  • Parking Type: Carport Attached
  • Pool: Private Pool, Pool
  • Pool or Spa: Private Pool, Pool
  • Property Type: Residential Income
  • Rooms: LivingRoom
  • Selling Agent: Inqlabi Singh
  • Selling Office: Devanhaar Real Estate
  • Sold Date: 2018-05-11 00:00:00
  • Sold Price: 841900.0
  • Sq.Ft.: 3169
  • Status: Closed
  • Stories: 1-Story
  • Sub Type: Residential Income
  • Subdivision: Granada Hills (GH)
  • Subdivision/Neighborhood: Granada Hills (GH)
  • Tenant Pays: Other, See Remarks
  • Total Floors: 1
  • Unit Monthly Rent01: 61200.00
  • Unit Number Of Bath01: 5.0
  • Unit Number Of Bed01: 6
  • Units In Complex: 2
  • Water: Water District, Public
  • Year Built: 1926
  • Zip Code: 91344
  • Zoning: LARS
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