Information On Granada Hills Real Estate

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Granada Hills is located along the northern perimeter of the San Fernando Valley. It sits approximately 30 miles northwest of downtown Los Angeles. Granada Hills real estate ranges in price from $390,000 to around a million dollars. The median house value in Granada Hills is around $525,000. The real estate located south of Rinaldi Blvd. is primarily flat. The area North of Rinaldi Blvd. is mainly in the hills and it tends to be more expensive. Many homes enjoy terrific views of the San Fernando Valley. The total land area of Granada Hills is 15.5 square miles and the community has a population of 51,000 people. Four city parks are scattered throughout the community, including the 672-acre O'Melveny Park, the second largest in Los Angeles. 

Bob Burkett

In 1917 J.H. Moshier, an oil man from Oklahoma purchased 4100 acres of land in the North San Fernando Valley. He built a dairy and also planted citrus, walnut, and apricot groves. He named this area Sunshine Ranch. In 1925 he offered his real estate for sale. The property was purchased by a group of wealthy businessmen. Shortly thereafter they subdivided the real estate into residential and commercial lots. The first home and commercial building was built in 1926. At this time the area was still known as Sunshine Ranch. In 1927 the name of the subdivision was changed to Granada Hills. It was named after a town in Spain called Granada that has a very similar climate and topography to Granada Hills. Because of it’s remote location in the 1920’s, the number of residential homes did not start to increase until the 1940’s. Actor James Cagney owned the "Cagney Ranch" in the 1940s, nestled in the hills north of Rinaldi, west of Balboa.

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