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$1,220,000
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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.
Full Property Details
Full Property Details for 12308 El Oro Way
General
- Sold For: $1,220,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: 226003414
- Added to Site: 63 day(s) ago
Interior
- Rooms/Areas: Galley Kitchen, Recreation, Den, Bonus Room, Center Hall, Main Floor Bedroom, Office, Dressing Area, Living Room, Workshop, Family Room, Great Room, Entry, All Bedrooms Down, Exercise Room, Retreat, Separate Family Room, Walk-In Closet
- Interior Features: High Ceilings, Open Floorplan, Storage
- Fireplace(s): Gas, Family Room
- Flooring: Wood
Rooms
Other Rooms
- Laundry: Inside, In Closet, In Kitchen
Parking
- Garage Spaces: 2
- Parking Features: Garage, Gated, Carport, Direct Garage Access, Garage (Single Door), Guest, Driveway, Shared Driveway
- Parking: Garage, Gated, Carport, Garage (Direct Access), Garage (Single Door), Guest, Driveway, Shared Driveway
Location
- Area: GH - Granada Hills
- County: Los Angeles
- Development Name: GH - Granada Hills
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- # Water Meters: 2
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Architectural Style: Custom-Built, Ranch
- Foundation: Slab
- Entry Location: Main Level
- Stories/Levels: One
- Stories Description: One
- Year Built: 1961
Unit Information
Unit 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.3663
- Lot Size Source: Public Records
- Zoning: LARS
- Lot Description: Rectangular Lot, Utilities - Overhead, Near Public Transit, Level, Walking Street, Back Yard, Corners Marked, Yard, Lawn
Financial Considerations
- Price Per Sq. Ft.: $538.16
Listed by Keller Williams Westlake Village, David Samuels
Sold by Top One Realty & Mortgage Inc, Svetlana Martirosova
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Schools
Schools serving 12308 El Oro Way
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
El Oro Way Charter For Enriched Studies 12230 El Oro Way, Los Angeles, CA 91344 | K-5 | 0.1 mi |
Robert Frost Middle School 12314 Bradford Pl., Los Angeles, CA 91344 | 6-8 | 0.4 mi |
John F. Kennedy High School, Los Angeles, CA 11254 Gothic Ave., Los Angeles, CA 91344 | 9-12 | 1.6 mi |
Valley Academy Of Arts And Sciences 10445 Balboa Blvd., Los Angeles, CA 91344 | 9-12 | 2.4 mi |
Northridge Academy High 9601 Zelzah Ave., Los Angeles, CA 91325 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12308 El Oro Way
Date
Details
Price
Change
Source
8/03/2026
Sold
$1,220,000
1.67%
MLS
7/17/2026
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12308 El Oro Way, Granada Hills, CA 91344 (MLS# 226003414) is a Multi-Family property that was sold at $1,220,000 on August 03, 2026. Want to learn more about 12308 El Oro Way? Do you have questions about finding other Multi-Family real estate for sale in Granada Hills? You can browse all Granada Hills real estate or contact a Coldwell Banker agent to request more information.

