9960 Milburn, Sun Valley, California 91352, Sun Valley, 91352 - 4 bed, 2 bath
9960 Milburn
Sun Valley, California 91352
Property Price
SUMMARY
Analysis of 9960 Milburn, Sun Valley, California 91352 reveals a property with a current list price of $1,285,000, which is 10% above the estimated $1,165,701 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Sun Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9960 Milburn Subject | $1,285,000* List Price | 4 | 2 | 2,364 | $493 | - |
A 10058 Chardonnay Sold | $1,625,000 | 4 | 3 | 2,923 | $556 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1961 original-owner home is described as a 'rare opportunity to restore, update, or reimagine,' which is professional terminology for a property requiring a total overhaul. Built over 60 years ago with no mentioned updates, the kitchen (featuring an era-specific indoor BBQ) and bathrooms are significantly outdated. The property likely requires substantial rehabilitation of major systems, electrical, and plumbing to meet modern safety and quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10230, living area = 2364.
- Exceptional Panoramic Views
Located in the premier Glencrest Hills area, this property boasts rare, unobstructed views of the Hollywood Hills, Burbank, and the San Fernando Valley from nearly every room.
- ADU & Flexible Living Potential
The home features a massive bonus room with a separate entrance, offering a seamless opportunity for a guest house, professional studio, or a high-value ADU conversion.
CONSRISKS & DEFICIENCIES
- Dated Interior Condition
Being an original 1961 home, the property likely requires a comprehensive renovation of its systems and finishes to meet the expectations of modern luxury buyers.
- Inconsistent School Ratings
While the location is prestigious, several of the assigned public schools in the immediate area have lower performance ratings, which may be a consideration for families.
About 9960 Milburn
First time on the market. Original-owner 1961 single-story home in the highly sought-after Glencrest Hills area of Sun Valley offering sweeping, unobstructed views of the Hollywood Hills, Burbank, and the entire San Fernando Valley. With 2,364 sq ft of living space on a 10,228 sq ft lot, this 4-bedroom, 2-bath residence captures panoramic views from virtually every room. Built in 1961 and owned by automotive pioneer Alexander Xydias, the home presents a rare opportunity to restore, update, or reimagine a true hillside classic. Surrounded by mountains and adjacent to scenic hiking trails, the setting offers privacy, natural beauty, and an unmatched indoor-outdoor lifestyle. Interior features include original hardwood floors, an expansive kitchen open to the dining area, and a striking dual-sided centerpiece with a fireplace on one end and an indoor BBQ on the other. A massive bonus room with a separate entrance provides flexibility for a home office, studio, guest quarters, or potential ADU conversion (buyer to verify). Attached garage with direct access into the home. Generous lot with room to enhance outdoor living while preserving the extraordinary views. A rare opportunity to own a legacy property with panoramic vistas, history, and tremendous upside potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 10,230 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sun Valley Unified Schools
Glenwood Elementary School
Grades K-5 • 0.5 mi
Vinedale Elementary School
Grades K-5 • 1.2 mi
George Washington Elementary School
Grades K-5 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 75% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,364 | 1,407 | 88% |
| Lot Size | 10,230 | 7,514.5 | 81% |
| Price | $1.28M | $875.0K | 83% |
| Price per sq ft | $544 | $626 | 20% |
| Built year | 1961 | 1953 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 175 | 2% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,285,000
Initial Listing