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.
Bedrooms
5
Bathrooms
4
Square Feet
2,267
Lot Size
15,958 sqft
Year Built
1961
Property Type
Single Family Residence
Days on Market
0
HOA Fee
N/A
Garage Total
2
MLS #
226003410
Interior Features
Cathedral Ceilings, Separate Formal Dining Room, High Ceilings, Open Floorplan, Storage, All Bedrooms Down, Bedroom On Main Level, Dressing Area, Galley Kitchen, Main Level Primary, Multiple Primary Suites, Walk In Closets, Workshop
Flooring
Wood
Fireplace
Family Room, Gas
Laundry
Inside, Laundry Closet, In Kitchen
Cooling
Central Air
Heating
Central
Total Parking Spaces
10
Garage Spaces
2
Carport Spaces
2
Attached Garage
Yes
Parking Features
Carport, Direct Access, Door Single, Driveway, Garage, Guest, Gated, Shared Driveway, On Street
Fencing
Partial, Privacy, Vinyl
Foundation
Slab
Lot Features
Back Yard, Corners Marked, Lawn, Level, Near Public Transit, Rectangular Lot, Walkstreet, Yard
$0
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features