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    15801 Chatsworth St Granada Hills, CA 91344

    View on Map
    Sponsored
    For Sale
    $1,199,000

    Single Family Residence, Ranch - Granada Hills, CA

    Type:Single Family Residence
    Property size:
    2,224 SF
    Lot size:
    8,374.00 Acres
    Days on Market:
    48
    Last Refresh:
    Mar 26 at 8:06 pm

    Property Features for 15801 Chatsworth St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Standard status
    Active
    Window features
    Double Pane Windows
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Laundry, Living Room
    Bedrooms
    7
    Bathrooms
    4
    APN
    2667017028
    Parking
    4
    Parking features
    Assigned, Driveway, Gated, Oversized
    Interior features
    Quartz Counters, Copper Plumbing Partial, Recessed Lighting, Open Floorplan, Cathedral Ceiling(s), French Doors, Sliding Doors, Carbon Monoxide Detector(s), Window Features: Double Pane Windows
    Exterior features
    Fence, Community Features Included: Curbs, Street Lights, Sidewalks, Corner Lot, Park Nearby, Front Yard, Back Yard
    Fencing
    Fenced
    Appliances
    Garbage Disposer, Microwave, Range, Range - Gas
    Size
    2,224 SF
    Lot size
    8,374.00 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1955
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Laminate, Tile
    Building materials
    Stucco
    Roof type
    Shingle
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Arthur Aslanian
    Arthur Aslanian

    Dream Team Real Estate Consultants. Inc

    Listing agent Arthur Aslanian License #01291836

    Listing date Feb 6, 2026

    MLS# SR26027570 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Two Detached Homes on Oversized Lot

    This property features two detached houses situated on an oversized 8,371 square foot lot. The residences have separate electric, gas, and water meters. Each unit includes its own laundry area, a private outdoor space, and tandem parking spaces for two cars. The front house, located at 15801 Chatsworth St, offers 4 bedrooms, 2 bathrooms, and 1,164 square feet of living space. The additional dwelling unit (ADU), completed in 2019 and located at 15803 Chatsworth St, provides 3 bedrooms, 2 bathrooms, and 1,060 square feet. The main house is currently tenant occupied, while the ADU is vacant. Set back from the street, the front house has an open floor plan with living and dining areas that flow into the kitchen, which features a center island, two large skylights, and French doors leading to a spacious private backyard. The newly painted ADU includes 10-foot ceilings, a spacious living room open to a custom kitchen with gray shaker cabinets and quartz countertops, matching flooring, stylish primary and hallway bathrooms, three well-sized bedrooms with designer doors, a laundry area, recessed lighting, dual-pane windows, and central air and heat. Located in a peaceful Granada Hills neighborhood, this property is near freeways and reputable schools, making it suitable for a primary residence, rental income, or both.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Granada Hills
    County
    Los Angeles
    State
    California
    Longitude
    -118.506
    Latitude
    34.2913

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    FAQs

    What type of property is this?
    Duplex - Two houses on a large lot in Granada Hills, CA.
    Where is this duplex located?
    The property is located at 15801 Chatsworth St Granada Hills, CA.
    What is the asking price?
    The asking price for this property is $1,199,000.
    What are key features of this property?
    This property features: - Two detached houses on a large 8,371 sq ft lot, ideal for rental income or primary residence.; - Separate electric, gas, and water meters for each unit.; - **Newly built (2019) ADU with 3 beds/2 baths, modern finishes, and 10-foot ceilings.**
    (818) 335-1239
    Request Owner's contact information
    15801 Chatsworth St Granada Hills, CA 91344
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    Granada Hills, CA 91344
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15801 Chatsworth St Granada Hills, CA 91344
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    We can help!
    Listing Contact
    Arthur Aslanian
    Arthur Aslanian
    Real Estate License ID: 01291836
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