Discover a rare investment and development opportunity in highly sought-after Granada Hills. Located north of Rinaldi on an expansive, nearly 1-acre lot, this exceptional property offers endless possibilities for builders, developers, and visionaries looking to create something truly special. Comprised of two APNs totaling approximately 41,012 square feet, this unique offering provides the space and setting to design and build a custom dream estate with sweeping, panoramic views of the San Fernando Valley. The elevated vantage point captures the beauty of the valley below—an increasingly rare find with this kind of lot size and view potential. The property currently features a 2-bedroom, 1-bath home and a detached garage. This is a complete fixer / tear-down being sold for “Land Value”, presenting a prime opportunity for redevelopment. Whether you envision a luxury estate, expanded compound, or investment project, the canvas is yours to create. Situated within the highly desirable Granada Hills Charter High School district, the location further enhances long-term value and appeal. The property is being sold completely As-Is, with no repairs or credits. All contents and items currently on the property will remain; buyer to remove and/or dispose. Due to condition, cash or private/hard money only—traditional financing will not qualify. Large parcels with panoramic views in this prime location rarely become available. Don’t miss this extraordinary chance to build, invest, and capitalize on one of Granada Hills’ most unique offerings—seize the opportunity and bring your vision to life today.
Pending
Listing Provided by: RE/MAX One
$1,000,000
11531 Vimy Rd, Granada Hills, CA 91344
2beds
1,460sqft
Est.:
Single Family Residence
Built in 1948
0.94 Acres Lot
$1,034,000 Zestimate®
$685/sqft
$-- HOA
What's special
Elevated vantage pointDetached garage
- 12 days |
- 302 |
- 11 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 11, 2026 at 05:08pm
Listing Provided by:
Robert Graf DRE #01469117 818-399-9455,
RE/MAX One
Source: CRMLS,MLS#: SR26048726
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Living Room
Heating
- See Remarks
Cooling
- See Remarks
Appliances
- Included: Refrigerator
- Laundry: Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,460 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Gated
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City Lights, Canyon, Hills, Panoramic, Valley
Lot
- Size: 0.94 Acres
- Features: Back Yard, Sloped Down, Front Yard, Lot Over 40000 Sqft, Near Park, Value In Land
Details
- Additional parcels included: 2601037056
- Parcel number: 2601037055
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Fixer,Repairs Major
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & HOA
Community
- Features: Hiking, Park
Location
- Region: Granada Hills
Financial & listing details
- Price per square foot: $685/sqft
- Tax assessed value: $557,542
- Annual tax amount: $6,956
- Date on market: 3/5/2026
- Cumulative days on market: 12 days
- Listing terms: Cash
- Inclusions: Everything there at the property will be included with the sale. Buyer to take all.
Estimated market value
$1,034,000
$982,000 - $1.09M
$3,319/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Pending sale | $1,000,000$685/sqft |
Source: | ||
| 3/9/2026 | Listing removed | $1,000,000$685/sqft |
Source: | ||
| 3/5/2026 | Listed for sale | $1,000,000$685/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,956 +1.8% | $557,542 +2% |
| 2024 | $6,830 +1.9% | $546,610 +2% |
| 2023 | $6,700 +4.8% | $535,894 +2% |
| 2022 | $6,390 +1.3% | $525,388 +2% |
| 2021 | $6,309 -1% | $515,088 +1% |
| 2020 | $6,371 | $509,808 +2% |
| 2019 | $6,371 +4.3% | $499,812 +2% |
| 2018 | $6,107 | $490,012 +2% |
| 2017 | $6,107 +2.2% | $480,404 +2% |
| 2016 | $5,974 +2.4% | $470,986 +1.5% |
| 2015 | $5,834 +0.9% | $463,912 +2% |
| 2014 | $5,781 | $454,826 +2.5% |
| 2012 | -- | $443,896 +2% |
| 2011 | -- | $435,194 +0.8% |
| 2010 | -- | $431,942 +27% |
| 2009 | -- | $340,200 -14% |
| 2008 | -- | $395,600 -4.9% |
| 2007 | -- | $416,160 +2% |
| 2006 | -- | $408,000 |
| 2005 | -- | $408,000 +453.1% |
| 2004 | -- | $73,772 +1.9% |
| 2003 | -- | $72,421 +2% |
| 2002 | -- | $71,002 +4% |
| 2000 | -- | $68,247 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$6,003/mo
Principal & interest
$5020
Property taxes
$983
More affordability tools
Climate risks
Neighborhood: Granada Hills
Nearby schools
GreatSchools rating
- 9/10Granada Hills Charter High SchoolGrades: K-12Distance: 1.3 mi
- 8/10Robert Frost Middle SchoolGrades: 6-8Distance: 1.2 mi
- 7/10Valley Academy Of Arts And SciencesGrades: 9-12Distance: 1.8 mi



