
Spring Valley, California 91977
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $850,000—positioned well below the $877,255 Fair Market Value by 3%. This valuation gap offers $27,255 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes modern kitchen updates, solar panels, and a versatile 5-bedroom layout. Located just 0.07 miles from Rancho Elementary, it offers exceptional school proximity. This property is an ideal acquisition for Owner-Occupants seeking multigenerational space or first-time buyers prioritizing long-term energy efficiency.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8840 Milburn Avenue Subject | $825,000* List Price | 5 | 3 | 2,148 | $396 | - |
A 532 Kempton St Sold | $875,000 | 4 | 3 | 1,861 | $470 | 0.8 mi |
B 8949 Corte Pellejo Sold | $810,000 | 3 | 3 | 1,996 | $406 | 0.9 mi |
C 538 Felicita Avenue Sold | $860,000 | 5 | 3 | 2,041 | $421 | 0.9 mi |
D 8115 Cacus Sold | $800,000 | 4 | 2 | 1,697 | $471 | 0.7 mi |
E 9100 Joan Street Sold | $885,000 | 4 | 4 | 1,878 | $471 | 0.7 mi |
F 9125 Akard St Sold | $829,000 | 4 | 2 | 1,700 | $488 | 0.8 mi |
G 1333 Helix Street Sold | $769,000 | 4 | 2 | 1,619 | $475 | 0.9 mi |
H 166 Lakeview Avenue Sold | $865,000 | 4 | 3 | 1,740 | $497 | 0.8 mi |
I 8808 Leigh Ave Active | $830,000 List Price | 4 | 3 | 2,424 | $342 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1960, the home shows clear evidence of a mid-range renovation (estimated 5-15 years ago). The kitchen features updated white shaker cabinets, stone countertops, and stainless steel appliances. Interior finishes include modern tile and laminate flooring, updated ceiling fans, and dual-pane windows. The addition of solar panels and the overall move-in ready condition justify a 'Good' rating despite the age of the structure.
With 5 bedrooms and over 2,100 square feet of living space, the versatile floor plan is ideal for large families, guest accommodations, or a dedicated home office.
The inclusion of a transferable solar lease provides the new owner with immediate potential for long-term utility savings and enhanced energy efficiency.
The property is located just 0.07 miles from Rancho Elementary School, offering unparalleled convenience for families with young children.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2148, other record living area = 1476. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The solar system is leased rather than owned, requiring the buyer to qualify for and assume an ongoing financial contract as part of the purchase.
Built in 1960 and featuring a low-maintenance concrete patio, the property may require additional investment to modernize its curb appeal and outdoor aesthetics.
Welcome to 8840 Milburn Ave, a spacious and versatile home nestled in the heart of Spring Valley! Thoughtfully designed to accommodate a variety of lifestyles, this home offers flexible living spaces perfect for growing families, multigenerational living, or anyone seeking extra room for a home office, gym, playroom, or guest accommodations. The functional floor plan provides comfortable everyday living and is ideal for both relaxing and entertaining. Outside, enjoy a low-maintenance concrete patio that's perfect for BBQs, entertaining, or unwinding after a long day, while the expansive front yard offers endless possibilities for landscaping, gardening, play space, or creating your own inviting outdoor retreat. Additional highlights include leased solar, which will be transferred to the new owner, helping provide long-term energy efficiency and potential utility savings. Conveniently located near shopping, dining, parks, schools, and with easy access to major freeways, this home offers the perfect balance of comfort, convenience, and versatility. Don't miss your opportunity to make 8840 Milburn Ave your next home!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,148 | 1,540.785 |
| Lot Size | 6,534 | 6,767.362 |
| Price | $825.0K | $804.6K |
| Price per sq ft | $384 | $520 |
| Built year | 1960 | 1967 |
| HOA | $0 | $252 |
| Days on market | 44 | 46 |
Aug 29, 2026
$825,000
$850,000
-3% Price Drop
Initial Listing
Jul 27, 2026
$850,000
Initial Listing
Sep 3, 2021
$700,000
Public Record
Jun 22, 2015
$406,000
Public Record
Sep 19, 2011
$207,000
Public Record
Feb 20, 2008
$290,000
Public Record
Jul 28, 2006
$515,000
Public Record