5940 Varna Avenue, Valley Glen, California 91401, Valley Glen, 91401 - 5 bed, 3 bath

5940 Varna Avenue, Valley Glen, California 91401 home-pic-0
ACTIVE$1,719,000
5940 Varna Avenue, Valley Glen, California 91401
5Beds
3Baths
2,614Sqft
12,047Lot
Year Built
1948
Close
-
List price
$1.72M
Original List price
$1.72M
Price/Sqft
$658
HOA
-
Days on market
-
Sold On
-
MLS number
25538063
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.72M(79th), sqft - 2614(80th), beds - 5(83th), baths - 3(50th).

On 7/28/25, neighboring 5866 Varna Ave closed for $481,000 more than this home's listing price of $1,719,000! Just five houses south, 5866 Varna is a slightly smaller, partially updated home on the same size .28 acre lot. Numerous houses in this highly coveted Hillview Park Estates enclave in Valley Glen have sold for over $2 million providing a solid investment with a lot of room for improvement. This home can be moved into immediately, or undergo renovations. This property has incredible potential and is a solid investment regardless of your plans. This mid-century ranch sits on an expansive lot of over 12,000 square feet. The well landscaped front yard makes a striking first impression, and creates year-round curb appeal. Period details such as glass block accents and a built-in planter reflect the home's original character. To the left of the entry, you'll find a large room currently used as an office - perfect for remote work or as an additional bedroom. To the right, discover three spacious bedrooms, each with built-in closets and views of the luscious landscaping. Two of the bedrooms invite natural light through beautiful, corner windows, while the third features built-in shelving to showcase your most treasured belongings or favorite books. A linen closet can be found at the end of the hallway, while two full bathrooms serve the bedrooms and guests. The heart of the home is the sun-drenched living room, showcasing a full wall of windows, framing your view of the backyard. A character-rich fireplace anchors the space, as sunlight pours in through an oversized skylight. With direct access to the backyard and a seamless flow into the dining space, the living room is well positioned for entertaining, or enjoying quiet nights at home. The dining room adjoins a well-equipped kitchen, featuring quartz countertops, a breakfast bar, and stainless steel appliances. Off the kitchen, you'll discover a walk-in pantry and a charming breakfast nook, ideal for morning coffee. A second living room can be found off of the kitchen, complete with a private entrance and direct access to the backyard. This flexible space, with access to carport parking for four vehicles, can serve many purposes. The washer and dryer are tucked into a dedicated closet, while an adjacent bedroom with en-suite bathroom and walk-in closet allows for a separate guest suite or primary suite with optimal privacy. The set up of this second living room and bedroom at the rear of the home lends itself to a potential conversion to a junior ADU. Adding to the home's appeal is the backyard paradise. Meandering pathways lined with colorful, low maintenance plants create intimate garden moments, while a meticulously designed labyrinth invites exploration and wonder. This magical outdoor sanctuary provides the perfect backdrop for entertaining or peaceful reflection, with hidden seating peppered throughout. A detached shed provides ample storage, while an attached workshop can be used for completing projects or storing garden supplies and tools. Situated in a highly sought-after neighborhood with permit parking, the property's location is truly exceptional. Striking the perfect balance between suburban tranquility and urban convenience, you can enjoy strolls around the tree-lined streets of the neighborhood, or through the beautiful grounds of the nearby college. On Sundays, you can visit the local Farmer's Market just moments away, or utilize the bike paths along the nearby Orange Line. Easily explore the shops and restaurants along Ventura Blvd and at the redeveloped Sportsmen's Lodge, including Sugar Fish, Roberta's, Uovo, Erewhon, and Equinox. This extraordinary property represents Southern California living at its finest - a blend of iconic mid-century architecture, practical living spaces, botanical splendor, and the best of the Valley at your doorstep!

Price History

Date
Event
Price
05/15/25
$1,719,000
Condition Rating
Good

Built in 1948, this home has undergone significant updates, particularly in the kitchen and main bathrooms, featuring modern elements like quartz countertops, stainless steel appliances, and wood-look tile flooring. While some original 'period details' and less updated areas (like one bathroom) remain, the property is described as 'move-in ready' and appears well-maintained. The updates are recent enough to provide modern functionality and aesthetics, placing it firmly in the 'Good' category, indicating it's ready for immediate occupancy with no major renovations required, though there's 'room for improvement' as noted in the description.
Pros & Cons

Pros

Strong Investment Potential: The property is positioned as a solid investment with significant upside, evidenced by comparable sales in the coveted Hillview Park Estates enclave exceeding $2 million, offering substantial 'room for improvement' relative to its current listing price.
Expansive & Meticulously Landscaped Lot: Boasting over 12,000 square feet, the property features a well-landscaped front yard and a 'backyard paradise' with meandering pathways and a labyrinth, providing exceptional outdoor living space and curb appeal.
Flexible Floor Plan & ADU Potential: The layout includes a second living room with a private entrance and an adjacent en-suite bedroom, offering versatility for a guest suite, multi-generational living, or potential conversion into a junior Accessory Dwelling Unit (ADU).
Highly Desirable Location: Situated in a sought-after Valley Glen neighborhood, the property offers a balance of suburban tranquility and urban convenience, with easy access to local amenities, dining on Ventura Blvd, and recreational options.
Mid-Century Charm & Immediate Livability: The home retains its iconic mid-century architecture with period details like glass block accents, features sun-drenched living spaces, and is described as 'move into immediately,' appealing to those seeking character and readiness.

Cons

Age of Property & Potential for System Updates: Built in 1948, while charming, the property's age implies potential for necessary updates to major systems (e.g., plumbing, electrical, HVAC) to meet modern standards and maximize long-term value, as suggested by 'room for improvement'.
Absence of Central Air Conditioning: The description does not mention a central cooling system, which could be a significant drawback for comfort during hot Southern California months and may require future installation.
Carport vs. Enclosed Garage: While offering ample parking with a four-vehicle carport, the lack of an enclosed garage might be a disadvantage for buyers prioritizing secure, covered parking or additional storage space.

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