
Sun Valley, California 91352
This Versatile Multi-Unit Income Property is a Strong Value Opportunity, listed at $899,999—positioned well below the $974,467 Fair Market Value by 7%. This valuation gap offers $74,468 in Instant Equity. The estate maintains an Excellent Condition Rating following major updates to the roof, windows, and kitchens. Featuring a main residence plus a detached 2-bedroom ADU with separate meters, the property is located near Top-Rated Schools like Vena Avenue Elementary. It is ideal for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11936 Neenach Subject | $899,999* List Price | 6 | 3 | 2,216 | $406 | - |
A 8446 Amboy Avenue Sold | $800,000 | 4 | 3 | 1,881 | $425 | 0.3 mi |
B 9205 Haddon Avenue Sold | $1,050,000 | 5 | 3 | 2,786 | $377 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1939, the property underwent major updates approximately 4 years ago, including the roof, windows, interior/exterior paint, kitchen improvements, and flooring. The images confirm these updates, showcasing modern white shaker cabinets, stainless steel appliances, subway tile backsplash, and updated countertops in the main house kitchen. The bathrooms also feature contemporary vanities, sinks, and fixtures. Flooring throughout both the main house and ADU appears to be new laminate/LVP and tile, in excellent condition. The ADU also features a modern kitchen with light grey shaker cabinets and recessed lighting. All these elements indicate a property that has been extensively renovated recently, meeting current quality standards with minimal wear and tear, aligning with the 'Excellent' criteria.
This property offers significant income potential with a Single-Family Residence plus a converted garage ADU, totaling 3 units across 2 structures, providing immediate rental income from existing tenants and aiding in mortgage qualification.
Major updates completed approximately 4 years ago, including roof, windows, interior/exterior paint, kitchen improvements, and flooring, provide a solid foundation and reduce immediate capital expenditure for a new owner.
The detached ADU is well-equipped with 2 bedrooms, 1 bathroom, a full kitchen, living area, air conditioning, and separate gas and electrical meters, enhancing its appeal and independence for rental purposes.
Water is shared between the units, which could lead to complexities in billing and potential disputes among tenants or between owner and tenants.
Built in 1939, despite recent updates, the underlying original structure may still present long-term maintenance considerations or unforeseen issues typical of older properties.
The property's fully concreted exterior, while low-maintenance, offers minimal traditional yard or green areas, which may not appeal to all buyers or tenants seeking outdoor recreational space.
Prime Sun Valley Income Property SFR + ADU Welcome to this versatile and income-producing residential property located in the heart of Sun Valley, offering a Single-Family Residence with a converted garage ADU, totaling 3 units across 2 structures. An excellent opportunity for investors or owner-users seeking supplemental income. The property offers approximately 2,216 square feet of combined living space and features a total of 5 bedrooms and 3 bathrooms. Major updates were completed approximately 4 years ago, including roof, windows, interior/exterior paint, kitchen improvements, and flooring, providing a solid foundation for long-term ownership. The detached ADU adds an estimated 500 square feet and features 2 bedrooms, 1 bathroom, a full kitchen, living area, air conditioning, and separate gas and electrical meters. Water is shared between the units. The entire property is fully concreted, offering low-maintenance outdoor areas and ample functionality and parking. The property is tenant-occupied, which may provide immediate income and can be a benefit for buyers looking to qualify and underwrite their mortgage using rental income. Day-to-day operations have been professionally managed, with minimal owner-tenant interaction reported. Situated on a large approximately 8,000+ square foot lot, the location is highly desirable—close to schools, restaurants, grocery stores, parks, Canyon Plaza Shopping Center, and with convenient access to the 5 and 170 freeways. The neighborhood also boasts a high walk score of 73, adding to its livability and appeal. A compelling opportunity to acquire a multi-unit residential asset in a centrally located Sun Valley neighborhood with strong rental demand.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 95% |
| Baths | 3.0 | 2.0 | 75% |
| Square foot | 2,216 | 1,427 | 83% |
| Lot Size | 8,788 | 7,595 | 68% |
| Price | $900.0K | $875.5K | 63% |
| Price per sq ft | $406 | $636 | 5% |
| Built year | 1939 | 1952 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 169 | 24% |
Jan 21, 2026
$899,999
Initial Listing
Feb 27, 2017
$430,000
Public Record
Dec 30, 2016
$335,000
Public Record
Apr 7, 1998
$149,000
Public Record
Dec 31, 1997
$86,000
Public Record