12306 El Oro Way, Granada Hills, CA 91344 (MLS # 226003410)

Price $1,200,000
Status Active
Beds 5
Baths 3.5 Baths
Home size 2,267 sqft
Lot Size 15,957 sqft
Days on Market 2
Unlock the possibilities with this rare duplex-zoned property in the heart of Granada Hills, offering two separate addresses--12306 and 12308 El Oro--each with its own utility meters, private entrance, and generous backyard. Whether you're an investor seeking strong value-add potential, a developer looking to maximize the site, or an owner-occupant interested in offsetting expenses with rental income, this unique property presents a wealth of opportunities.The front residence, 12306 El Oro, was built in 1961 and features 3 bedrooms, 1.5 bathrooms, a spacious backyard, and an attached two-car garage.The rear residence, 12308 El Oro, was built in 1986 and offers 2 bedrooms plus a bonus room, 2 bathrooms, soaring ceilings, and a cozy fireplace, creating a bright and inviting living space.With duplex zoning, separate meters, and two distinct addresses already in place, the possibilities are exceptional. Explore the potential to split the parcel (buyer to verify with the city), sell the homes individually, add ADUs to each residence, or create a multi-generational living arrangement with room to grow. Large private yards provide additional flexibility for future expansion while maintaining outdoor space.Properties offering this combination of existing improvements, separate infrastructure, and redevelopment potential rarely become available. Conveniently located near shopping, dining, parks, schools, and freeway access, this is a standout investment opportunity in one of Granada Hills' most desirable neighborhoods.
Property Type(s): Single Family
Last Updated 7/17/2026 Year Built 1961
Community GH - Granada Hills Garage Spaces 2.0
County Los Angeles

Additional Details

AIR Central Air
AIR CONDITIONING Yes
AREA GH - Granada Hills
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Central, None
INTERIOR Cathedral Ceiling(s), High Ceilings, Master Downstairs, Open Floorplan, Storage, Walk-In Closet(s)
LOT 0.3663 acre(s)
LOT DESCRIPTION Back Yard, Corners Marked, Level, Near Public Transit, Rectangular Lot
LOT DIMENSIONS 15958
PARKING Attached, Carport, Direct Access, Driveway, Garage, Guest, Gated, Shared Driveway, On Street
STORIES 1
STYLE Custom, Ranch

Location

 

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Listed with Keller Williams Westlake Village

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