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Granada Hills

California - Los Angeles

31.11°C

Granada Hills - Los Angeles

Situated in the San Fernando Valley, in the region of Los Angeles, Granada Hills is a lovely residential suburb which welcomes a high-income neighbourhood in a Mid-Century modern architecture. The city was created in 1927 and it was known as an oil and orchard place. White Oak Avenue, one of the main roads in Granada Hills, was declared a Historical Landmark in 1966 thanks to the 101 Deodar Cedar Trees that line the street. These trees are native to the Himalayas and valued for their size, beauty and timber.
Granada Hills is a family neighbourhood and provides a upper quality of life to its inhabitants thanks to its amenities and its sunny lifestyle.

Market overview

The American real estate market has suffered from an important crisis, due to seizure of properties. This phenomenon had a huge consequence on prices, which plummeted. Therefore, investing in a property in L.A. is currently a safe investment and is interesting as the market benefits from favorable conditions.

Besides, the American population is mobile and often changes its accommodations. The law is particularly secured for financial backers and the American system is based on MLS (Multiple Listing System) which gathers all properties on sale, which is a guaranty of  ease to find one.

Thanks to a nice economic expansion, Los Angeles enjoys a large and diversified property portfolio with competitive prices for a city such vibrant, enormous and sunny. All in all, this area is a real heaven for owners and real estate investors.

Who buys?

Thanks to its multicultural aspects, Los Angeles is a global city which constantly attracts show business celebrities, fashion leaders, wealthy tourists as well as powerful financial people who are looking for an upscale quality of life, in a magnificent green oasis where are gathered culture, entertainment, glamor and leading-edge technology.

Buying basics

"Before any investment, the potential buyer will have to contact a professional of the real estate sector. The latter will need his client's passport and other administrative and bank documents to testify his identity and his solvency. The buying process is really fast (around one month). You do not need to have the American citizenship nor the famous Green card but you are required to provide a social security number (SSN), which is obligatory to fill in the tax return (that is only $100 for a property).

Besides, it is highly recommended to purchase an insurance regarding the ownership title in order to be secured in case of potential recording error. "

Peak Season
Jun 01 - Aug 31

From June to August, summers are particularly sunny and hot because of Santa Ana, a warm and dry wind that creates heatwaves. Therefore, temperatures can sometimes reach 35 degrees.

High Season
Apr 01 - Dec 01

The period from April to November is generally one of the best periods of the year to visit Los Angeles as temperatures are pleasant. Spring is also the period with shorter visitor queues and lower prices. However, between April and May, there is a "June Gloom" phenomenon (also called "May Grey") which corresponds  to a thick fog that appears at dawn and persists until midday.

Low Season
Dec 01 - Mar 31

Thanks to a Mediterranean climate, Los Angeles has a sweet climate throughout the year. Winters are mild and slightly rainy. Temperature scarcely drop below 10 degrees during the period from December to March.

Knollwood Country Club

Knollwood Coubtry club is an amazing golf course situated in the gentle rolling hills of Granada Hills. It was designed by the famous golfer William F. Bell and offers exceptional amenities in a quiet atmosphere within nature. This golf course won recognition in 2008 as LA Daily News Readers' Choice Award. Therefore, Knollwood Country Club is considered as one of the best public golf facilities in Southern California.

2017 Granada Hills Street Faire

On October 7, 2017, the Granada Hills Street Faire will take place on four city blocks of Chatsworth Street, Zelzah to Encino. It will gather various vendors and food trucks in a friendly atmosphere. This event will also welcome Custom and Classic Car Show, which will award the most exceptional cars -such as hot rods, trucks, bombs or even low riders- with extra-large trophies and over a thousand dollars in Raffle Prizes. Live music will be played on two stages in a fun ambiance as the event yearly attracts over 18,000 spectators.

Mission San Fernando Rey de España

Mission San Fernando was founded in 1797 by Spanish. It was joined later on by Indians and became a huge mission. In the 19th century, the church became the secular way and adopted a chapel. Today its mission lies in its despaired forms after several excavations following the discovery of gold in the grounds adjoining it. This mission was named in reference of the King of Spain, St. Ferdinand. Nowadays, it is a quiet and peaceful place to enjoy moments of tranquility.

The PRESTIGE MLS agents

Syd Leibovitch
Director
Rodeo Realty
Mark A. McLaughlin
Director
Pacific Union International
Los Angeles
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