11936 Neenach St, Los Angeles, CA
$899,999
Prime Sun Valley Income Property SFR + ADU
Welcome to this versatile and income-producing residential property located in the heart of Sun Valley, offering a Single-Family Residence with a converted garage ADU, totaling 3 units across 2 structures. An excellent opportunity for investors or owner-users seeking supplemental income.
The property offers approximately 2,216 square feet of combined living space and features a total of 5 bedrooms and 3 bathrooms. Major updates were completed approximately 4 years ago, including roof, windows, interior/exterior paint, kitchen improvements, and flooring, providing a solid foundation for long-term ownership.
The detached ADU adds an estimated 500 square feet and features 2 bedrooms, 1 bathroom, a full kitchen, living area, air conditioning, and separate gas and electrical meters. Water is shared between the units. The entire property is fully concreted, offering low-maintenance outdoor areas and ample functionality and parking.
The property is tenant-occupied, which may provide immediate income and can be a benefit for buyers looking to qualify and underwrite their mortgage using rental income. Day-to-day operations have been professionally managed, with minimal owner-tenant interaction reported.
Situated on a large approximately 8,000+ square foot lot, the location is highly desirable—close to schools, restaurants, grocery stores, parks, Canyon Plaza Shopping Center, and with convenient access to the 5 and 170 freeways. The neighborhood also boasts a high walk score of 73, adding to its livability and appeal.
A compelling opportunity to acquire a multi-unit residential asset in a centrally located Sun Valley neighborhood with strong rental demand.
We offer the highest level of expertise and service with integrity. Jeff Biebuyck & Dana Olmes are Luxury Homes Specialists in Calabasas with a particular expertise in representing residential estate properties throughout the West San Fernando Valley, Conejo Valley, Malibu and Greater Los Angeles area. As consummate professionals, Jeff Biebuyck & Dana Olmes provide their clients with the highest level of service to reach their unique real estate goals.
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