
Sunland, California 91040
This Turnkey Equestrian Residence represents a Strong Value Opportunity, listed at $799,000—positioned well below the $813,405 Fair Market Value by 1.77%. This valuation gap offers $14,405 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with full modern renovations, the property offers a rare 2.6-acre lot with Panoramic Mountain Views. This unique TIC interest is an ideal acquisition for Equestrian Enthusiasts or Owner-Occupants seeking a private, ranch-style lifestyle within Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10315 Wheatland Avenue Subject | $799,000* List Price | 2 | 1 | 1,037 | $784 | - |
A 10327 Wheatland Avenue Active | $799,000 List Price | 2 | 1 | 1,176 | $679 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1948, the property has undergone a full turnkey renovation within the last 5 years. It features modern interiors, updated flooring, recessed lighting, a new mini-split HVAC system, and mint condition kitchen and laundry areas.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 114008, living area = 1037.
The expansive 2.6-acre lot offers a rare opportunity for an authentic ranch lifestyle in Los Angeles, featuring multiple flat areas suitable for horses, stables, and paddocks.
The residence has been fully renovated and updated, providing a modern, move-in-ready interior with a full kitchen and in-unit laundry.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =114008, other record lot size in square feet = 56987. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1037, other record living area = 1104.
The property is offered as a Tenant in Common (TIC) interest rather than fee simple, which can complicate financing and requires adherence to a specific TIC agreement.
With only 1,037 square feet of living space and a single bathroom, the home's interior capacity is modest relative to the significant land size and maintenance needs.
Introducing an exceptionally rare opportunity to own a beautifully renovated, detached residence on an expansive 2.6 acre property in Shadow Hills, offering the potential for horses, stables, paddocks, and an authentic ranch lifestyle at an incredibly attractive price point.Offered as a Tenant in Common (TIC) interest, this unique offering combines the privacy of a detached home with dedicated outdoor areas for the exclusive use of the residence, surrounded by open space, mountain views, equestrian properties, and neighboring multi million dollar estates. The fully renovated, turnkey 2 bedroom, 1 bathroom residence features a full kitchen, living area, in unit laundry, thoughtfully updated interiors, and dedicated outdoor space. Unlike a condominium or traditional attached TIC, this is a completely detached home providing exceptional privacy and the feeling of true single family living. The property features expansive open land and multiple flat, usable areas with potential for horses, stables, paddocks, riding areas, gardens, farm animals, and other equestrian or agricultural uses, subject to applicable requirements. A private upper pad benefits from recorded easement access through the gated Stallion Ranch community and offers sweeping mountain views surrounded by luxury equestrian estates. Parking for 5 or more vehicles is available across the property. Opportunities to combine a beautifully renovated detached residence, dedicated outdoor space, acreage, privacy, and equestrian capabilities within Los Angeles are extraordinarily limited, particularly at this price point. A rare opportunity to experience a Yellowstone inspired California ranch lifestyle and potentially keep horses at home without the price tag typically associated with a Southern California equestrian estate. Property is offered as a TIC interest. Ownership rights, exclusive use areas, equestrian uses, easements, zoning, financing, and other property rights are subject to the TIC agreement, applicable requirements, and buyer verification.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.4 |
| Square foot | 1,037 | 1,654.081 |
| Lot Size | 114,008 | 10,636.595 |
| Price | $799.0K | $984.7K |
| Price per sq ft | $770 | $654 |
| Built year | 1948 | 1956 |
| HOA | $0 | $800 |
| Days on market | 25 | 62 |
Aug 15, 2026
$799,000
Initial Listing
Feb 23, 2024
$1,050,000
Public Record