Strategically priced and full of potential, this is the kind of opportunity that doesn't come around often. Positioned at the gateway to Old Porter Ranch with NO HOA, this corner-lot property with alley access offers serious potential for expansion, rental income, or multi-generational living. Spanning approximately 2,590 square feet, the five-bedroom, three-bath layout is strategically designed with a split-wing floor plan. The main living areas sit at the center of the home, with three bedrooms on one side, while the opposite wing includes two bedrooms, a bathroom, a den, and a secondary kitchen area - an ideal setup for extended family, rental income, or a future ADU configuration. The attached two-car garage, previously converted to a studio and now restored, features vaulted ceilings and existing plumbing - providing added flexibility for future value-add improvements. With alley access, 4-5 off-street parking spaces, and strong street visibility on a main corridor, the property offers development potential and accessibility that's hard to find in this pocket. Located within the Granada Hills Charter High School district and near an award-winning elementary school, the fundamentals are solid. For investors seeking upside or first-time buyers ready to build equity, this is a blank canvas with scale and location already in place. Probate sale - no court confirmation required.