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10531 Greenburn Avenue, Sunland, California 91040, Sunland, 91040 - 5 bed, 4 bath

10531 Greenburn Avenue, Sunland, California 91040 home-pic-0
ACTIVE$1,300,000
10531 Greenburn Avenue, Sunland, California 91040
5Beds
4Baths
2,069Sqft
5,537Lot
Year Built
1934
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$628
HOA
-
Days on market
-
Sold On
-
MLS number
GD25266751
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.30M(84th), sqft - 2069(78th), beds - 5(97th), baths - 4(92th).

Two Homes on One Lot – Exceptional Investment Opportunity! Discover this unique property featuring a 3 bed / 2 bath main house (approx. 1,269 sq. ft.) plus a newer ADU built just 2.5 years ago offering 2 beds / 2 baths (approx. 800 sq. ft.). Each home has its own address and separate utilities, providing maximum flexibility for owner-users and investors. The front home welcomes you with an open and bright floor plan, beautiful wood-style flooring, abundant natural light, and spacious bedrooms. The back ADU is newly built and modern, featuring contemporary finishes, high ceilings, generous windows, and a functional 2 bed / 2 bath layout ideal for rental income or extended family living. Situated on one lot with two fully independent homes, this property is perfect for those looking to live in one and rent the other, or add a strong income-producing asset to their portfolio. Don’t miss this rare opportunity!

Nearby schools

5/10
Apperson Street Elementary School
Public,•K-5•0.4mi
6/10
Sunland Elementary School
Public,•K-5•0.7mi
5/10
Brainard Elementary School
Public,•K-5•3.6mi
5/10
Stonehurst Avenue Elementary School
Public,•K-5•3.8mi
5/10
Mt. Gleason Middle School
Public,•6-8•0.5mi
3/10
Charles Maclay Middle School
Public,•6-8•5.9mi
6/10
Verdugo Hills Senior High School
Public,•9-12•0.3mi

Price History

Date
Event
Price
12/09/25
Listing
$1,300,000
04/27/22
Sold
$810,000
07/11/08
Sold
$315,000
04/07/06
Sold
$530,000
06/29/04
Sold
$409,000
Condition Rating
Excellent
This property features two distinct units. The ADU is newly built (2.5 years ago) and presents as virtually new with modern finishes, including a contemporary kitchen with white shaker cabinets, stainless steel appliances, and a modern bathroom with subway tile. The main house, though built in 1934, has undergone extensive recent renovations, evident in its modern kitchen with gray shaker cabinets, stainless steel appliances, new wood-style laminate flooring throughout, recessed lighting, and updated, clean bathrooms. Both units are in excellent, move-in ready condition with no visible deferred maintenance, meeting current quality standards.
Pros & Cons

Pros

Exceptional Income Potential: The property features two fully independent homes with separate addresses and utilities on one lot, offering significant rental income opportunities for investors or owner-occupants.
Modern & New ADU: The Accessory Dwelling Unit (ADU) is newly built (2.5 years old) with contemporary finishes, high ceilings, and generous windows, ensuring modern comfort and low immediate maintenance.
Versatile Living Arrangements: This unique setup is ideal for multi-generational families, owner-occupants seeking supplemental rental income, or pure investors looking for a strong income-producing asset.
Good School Proximity: The property is located within a short distance of well-rated public schools, including Verdugo Hills Senior High School (rating 6) and Mt. Gleason Middle School (rating 5).
Main House Appeal: The front home offers an open and bright floor plan, beautiful wood-style flooring, and abundant natural light, enhancing its overall desirability.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2069, other record living area = 1269. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Age of Main House: The main house was built in 1934, which may suggest older systems (plumbing, electrical) and potentially higher maintenance or upgrade costs compared to newer constructions.
Limited Outdoor Space/Privacy: A 5537 sq ft lot shared by two homes might result in smaller individual outdoor areas and potentially reduced privacy for occupants compared to single-family homes on larger, individual lots.
Potential Parking Constraints: With two separate residences, especially if both are fully occupied, on-site parking might be limited or require careful management, which could be a concern for tenants or residents.

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