
Los Angeles, California 91352
This property presents a High-Potential Investment Opportunity with a List Price of $849,999—positioned well below the $808,366 Fair Market Value by -5%. While the home carries a Condition Rating of 5, the expansive 10,267 square foot lot offers significant upside for forced appreciation through renovation or ADU development. Located near major commuter routes like the I-5, this asset provides a functional 1,562 square foot layout. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in the San Fernando Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9240 Kewen Subject 3 bd · 2 ba · 1,562 sqft · $517 | $849,999* List Price | 3 | 2 | 1,562 | $517 | - |
A 8557 Remick Sold 3 bd · 2 ba · 1,592 sqft · $503 · 0.8 mi | $800,000 | 3 | 2 | 1,592 | $503 | 0.8 mi |
B 9300 Cayuga Avenue Sold 4 bd · 2 ba · 2,030 sqft · $466 · 0.1 mi | $945,000 | 4 | 2 | 2,030 | $466 | 0.1 mi |
C 9225 Telfair Sold 4 bd · 2 ba · 1,398 sqft · $544 · 0.2 mi | $760,000 | 4 | 2 | 1,398 | $544 | 0.2 mi |
D 12406 Haley Street Sold 4 bd · 3 ba · 1,696 sqft · $483 · 0.3 mi | $820,000 | 4 | 3 | 1,696 | $483 | 0.3 mi |
E 12319 Thelma Street Sold 3 bd · 2 ba · 1,275 sqft · $580 · 0.3 mi | $740,000 | 3 | 2 | 1,275 | $580 | 0.3 mi |
F 9264 Cayuga Avenue Sold 3 bd · 2 ba · 1,792 sqft · $485 · 0.1 mi | $870,000 | 3 | 2 | 1,792 | $485 | 0.1 mi |
G 8657 Morehart Active 3 bd · 2 ba · 1,450 sqft · $572 · 0.7 mi | $830,000 List Price | 3 | 2 | 1,450 | $572 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949, this 75-year-old home shows significant signs of deferred maintenance and incomplete repairs, including a large hole in the ceiling and missing baseboards. The listing description explicitly identifies it as an 'opportunity to update,' indicating it requires substantial rehab to address age-related wear and structural finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10267, living area = 1562.
The property features an expansive quarter-acre lot of approximately 10,267 square feet, providing exceptional flexibility for outdoor entertaining, gardening, additional parking, or potential future expansion like an ADU.
Centrally situated in the San Fernando Valley, the home offers excellent proximity to major transit routes including Interstate 5, Laurel Canyon Boulevard, and San Fernando Road, making commuting highly convenient.
Built in 1949, the home requires personalization and modern updates, which will likely necessitate additional immediate capital investment from the buyer.
The closest neighborhood public schools, such as Sun Valley High School and Fernangeles Elementary School, have lower performance ratings, which may be a concern for families prioritizing education.
Welcome to this inviting Sun Valley residence offering three bedrooms, approximately 1,562 square feet of living space, and a generously sized lot of approximately one-quarter acre. The spacious property provides excellent flexibility for outdoor entertaining, gardening, recreation, additional parking, or future possibilities, subject to applicable City approvals. Built in 1949, the home presents an opportunity to personalize, update, or create a comfortable long-term residence in an established neighborhood. Conveniently located near schools, shopping, dining, public transportation, and major commuter routes, including San Fernando Road, Laurel Canyon Boulevard and Interstate 5. With its substantial lot and central San Fernando Valley location, this property offers space, convenience and exciting potential.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,562 | 1,670.836 |
| Lot Size | 10,267 | 6,152.156 |
| Price | $850.0K | $1.34M |
| Price per sq ft | $544 | $807 |
| Built year | 1949 | 1941 |
| HOA | $0 | $238 |
| Days on market | 70 | 56 |
Aug 31, 2026
$849,999
Initial Listing
Apr 21, 2010
$330,000
Public Record
Mar 8, 2004
$340,000
Public Record
Aug 6, 2002
$265,000
Public Record