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523 Griswold Avenue, San Fernando, CA 91340

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For Sale

$499,500

2 beds • 1 baths • 780 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $640.38
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

UNLOCK THE POTENTIAL: 1932 Foundation, 2025 Potential Investor or Builder Opportunity in Prime San Fernando Location! Built in 1932, this 2-bedroom, 1-bath home sits on a spacious 6,996 sq. ft. lot and presents an incredible opportunity to reimagine or redevelop in one of the Valley s most accessible neighborhoods. Ideally situated near San Fernando Mission Blvd, Downtown San Fernando, and the Metrolink station, this property offers small-town charm with close proximity to major transportation routes, schools, and everyday conveniences. The home features approximately 780 sq. ft. of living space with a traditional layout including a living room and kitchen. While the structure will require extensive renovation or rebuild, the true value lies in the lot size, location, and redevelopment potential. City of San Fernando guidelines allow for the addition of an Accessory Dwelling Unit (ADU), and several nearby properties have already taken advantage of this opportunity to add new income-producing units or expanded living space. This property is perfect for investors looking to build new construction, developers seeking an infill project, or an owner-user ready to design their dream home from the ground up. The nearly 7,000 sq. ft. lot offers ample room for expansion, an ADU, or even a complete reconfiguration of the site layout (buyer to verify all plans and uses with the city). Enjoy being minutes from parks, local schools, restaurants, and shops, as well as easy access to the 210, 118, 5, and 405 freeways. The surrounding community is well-established and continues to see consistent growth and reinvestment, making this an excellent opportunity for those with vision and creativity. Bring your contractor, architect, and imagination to unlock the full potential of this unique San Fernando property. Opportunities like this offering both location and upside are rare to find. (Offered as-is, and buyer to verify zoning, lot use, etc.)
MLS# SR25250629

Courtesy Of Management Systems, Corporation

(818) 363-6116

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range
  • Architecture Style
    Other
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 523 Griswold Avenue, San Fernando, CA 91340

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(888) 862-1194
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Monthly Payment Breakdown

  • Principle and Interest
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  • Hazard Insurance
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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.