16124 San Fernando Mission Blvd
Granada Hills, CA, 91344
$1,298,000
MLS: SR26083260
Beds
5
Baths
5
Sq Ft
2,580
Lot
0.17 ac
Year Built
1954
MLS #
SR26083260
Days on Market
2
Listed
Apr 17, 2026
Description
This is a fully renovated multi-family opportunity in the heart of Granada Hills. This income-producing property offers approximately 2,580 sq. ft. across three units with a strong estimated 7% cap rate. The front 2-bedroom, 2-bath main residence (approx. 1,250 sq. ft.) is currently rented at $3,390 per month. The attached 1-bedroom, 1-bath JADU (approx. 500 sq. ft.) was rented for $1,990 per month, and the newly constructed in 2024 2-bedroom, 2-bath detached ADU (approx. 830 sq. ft.) brought in $3,100 per month. All units feature modern layouts, in-unit laundry, and mini splits in every room for heat and air. Conveniently located near shopping, dining, and freeway access, this property offers strong rental appeal and immediate income with upside potential.
Location
Granada Hills, Los Angeles County, CA 91344
Open on Google Maps ↗Listed by: Stacey Havener · True North Realty
Payment estimate
$9,316
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $129,800 · Loan: $1,168,200
- Principal & Interest
- $7,178
- Property tax (1.25%)
- $1,352
- Homeowners insurance
- $300
- Mortgage insurance
- $487
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Granada Hills home with as little as 3.5% down using an FHA loan — roughly $45,430 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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