11937 Addison Street, Valley Village, California 91607, Valley Village, 91607 - 5 bed, 6 bath
11937 Addison Street
Valley Village, California 91607
Property Price
SUMMARY
Analysis of 11937 Addison Street, Valley Village, California 91607 reveals a property with a current list price of $4,995,000, which is 12% above the estimated $4,425,282 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Valley Village Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11937 Addison Street Subject | $4,995,000* List Price | 5 | 6 | 4,819 | $918 | - |
A 12222 Morrison Street Sold | $4,400,000 | 5 | 6 | 4,800 | $917 | 0.4 mi |
B 11752 Blix Street Sold | $3,950,000 | 5 | 6 | 5,101 | $774 | 0.4 mi |
C 12335 Otsego Street Sold | $3,675,000 | 5 | 7 | 4,993 | $736 | 0.5 mi |
D 4828 Radford Avenue Pending | $3,895,000 List Price | 6 | 6 | 4,651 | $837 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a 2024 new construction home featuring high-end Miele appliances, modern custom cabinetry, and luxury finishes throughout. The property includes a private home theater, smart-home integration, and a spa-like primary bathroom, meeting the highest standards of quality with no physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Modern New Construction
Built in 2024 by MLR Development, this home offers a turnkey luxury experience with high-end Miele appliances, smart-home integration, and contemporary architectural finishes.
- Elite Entertainment Amenities
The property features a comprehensive outdoor retreat with a pool, spa, and outdoor kitchen, paired with an interior private home theater, making it ideal for hosting.
- Prime Valley Village Location
Situated in a highly desirable neighborhood moments from Colfax Elementary and top-rated schools, providing significant long-term value and convenience for families.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4819, other record living area = 1562. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
- Premium Price Point
At nearly $5 million, the listing price is at the top tier for the Valley Village market, which may limit the pool of qualified buyers and extend the time on market.
- Limited Yard Versatility
While the lot features a pool and outdoor kitchen, the large 4,819 square foot home footprint leaves minimal traditional green space or lawn area for pets and play.
About 11937 Addison Street
Newly built construction by MLR Development offering elevated modern living in prime Valley Village, just moments from Colfax Elementary. This 5-bedroom, 6-bath residence features soaring ceilings, an open-concept layout, and expansive glass that creates seamless indoor-outdoor flow throughout the main living spaces. The chef's kitchen is equipped with Miele appliances, custom cabinetry, dual prep counters, and an oversized island ideal for everyday living and entertaining.The private backyard is a true retreat, complete with a pool, spa, outdoor kitchen, and fire pitperfect for hosting and relaxing alike. Designed with both comfort and functionality in mind, the home also includes a private home theater, an ensuite guest bedroom on the main level, and thoughtfully curated finishes throughout. Upstairs, four additional ensuite bedrooms are arranged for privacy and ease, anchored by a full laundry room.The spacious primary suite showcases vaulted ceilings, a private balcony, a spa-like bath, and an oversized custom walk-in closet. With smart-home features and a layout ideal for both entertaining and everyday living, this residence presents a rare opportunity to tour a newly built home in one of Valley Village's most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 10,146 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Valley Village Unified Schools
Burbank Boulevard Elementary School
Grades K-5 • 0.7 mi
Lankershim Elementary School
Grades K-5 • 1.0 mi
John B. Monlux Elementary School
Grades K-5 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 6.0 | 2.0 | 92% |
| Square foot | 4,819 | 1,805 | 94% |
| Lot Size | 10,146 | 6,928 | 94% |
| Price | $5.00M | $1.40M | 98% |
| Price per sq ft | $1.0K | $795 | 88% |
| Built year | 2024 | 1948 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 154 | 2% |
Pricing History
Listed for Sale
Feb 9, 2026
$4,995,000
Initial Listing
Sold
Jan 5, 2023
$1,526,000
Public Record