12306 El Oro Way, Granada Hills, CA 91344

$1,220,000
5
BD
4
BA
2,267
SqFt

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Listing courtesy of Listing Agent: David Samuels (DavidMiltonSamuels@gmail.com) from Listing Office: Keller Williams Westlake Village.

Selling Office: Top One Realty & Mortgage Inc.

Sold Price
$1,220,000
List Price
$1,200,000
Status
CLOSED
Days on Market
0
Closing Date
Aug 03, 2026
MLS#
226003410
Subtype
Residential
Style
Custom, Ranch
Year Built
1961
Bedrooms
5
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
2,267
Lot Size
15,958
Acres
0.37
MLS Area Major
Granada Hills (GH)

Property Description

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.

Additional Information

Interior Features
Cathedral Ceiling(s), 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 Closet(s), Workshop
Property Description
Custom, Ranch
Zoning
LARS
Flooring
Wood
Heating
Central
Air Conditioning
Yes
Stories
One Level
Levels
One
Parking Features
Carport, Direct Access, Door-Single, Driveway, Garage, Guest, Gated, Shared Driveway, On Street
Garage Spaces
2
School District
Los Angeles Unified

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.