11068 Penrose, Sun Valley, California 91352, Sun Valley, 91352 - 3 bed, 2 bath
ACTIVE$1,193,000
11068 Penrose, Sun Valley, California 91352
3Beds
2Baths
1,335Sqft
6,711Lot
Year Built
1949
Close
-
List price
$1.19M
Original List price
$1.2M
Price/Sqft
$894
HOA
-
Days on market
-
Sold On
-
MLS number
SR25120375
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.19M(78th), sqft - 1335(45th), beds - 3(50th), baths - 2(50th).
Incredible investment opportunity in Sun Valley! This property features a 3-bedroom, 1-bath main house (buyer to verify permits), plus multiple additional units, including two detached studios with kitchens and bathrooms, and a garage conversion. Ideal for multigenerational living or income potential. Property records show 2 beds, 1 bath-buyer to verify all additions and square footage. Priced at $1,193,000 for quick sale! Located 7 minutes away from Burbank shopping malls, restaurants, Burbank Airport, freeways, Hansen Dam Recreational Center. very close to public transportation, metrolink and much more.Hurry! Come to see all the potential to accommodate a large family, all it needs is your personal touch. Solar Panels included call for more information.
Nearby schools
5/10
Roscoe Elementary School
Public,•K-5•1.0mi
2/10
Arminta Street Elementary School
Public,•K-5•1.1mi
4/10
Glenwood Elementary School
Public,•K-5•1.2mi
4/10
Vinedale Elementary School
Public,•K-5•1.2mi
3/10
Fernangeles Elementary School
Public,•K-5•1.3mi
5/10
Stonehurst Avenue Elementary School
Public,•K-5•1.5mi
4/10
Camellia Avenue Elementary School
Public,•K-5•1.8mi
2/10
Julie Korenstein Elementary School
Public,•K-5 & ungraded•1.8mi
3/10
Julie Korenstein Elementary School
Public,•K-5•1.8mi
5/10
Strathern Street Elementary School
Public,•K-5•1.9mi
3/10
Saticoy Elementary School
Public,•K-5•2.8mi
8/10
Vena Avenue Elementary School
Public,•K-5•2.9mi
5/10
Bellingham Elementary School
Public,•K-5•2.9mi
8/10
Providencia Elementary School
Public,•K-5•3.2mi
4/10
Canterbury Avenue Elementary School
Public,•K-5•3.3mi
6/10
Canterbury Avenue Elementary School
Public,•K-5•3.3mi
5/10
Coldwater Canyon Elementary School
Public,•K-5•3.3mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•3.7mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•4.3mi
4/10
Richard E. Byrd Middle School
Public,•6-8•2.0mi
4/10
Roy Romer Middle School
Public,•6-8•3.1mi
5/10
James Madison Middle School
Public,•6-8•3.3mi
6/10
Luther Burbank Middle School
Public,•6-8•3.5mi
3/10
Sun Valley High School
Public,•9-12•1.5mi
5/10
Sun Valley Engineering And Technology Magnet
Public,•6-12•1.8mi
6/10
John H. Francis Polytechnic
Public,•9-12•1.9mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•3.7mi
3/10
East Valley Senior High School
Public,•9-12•4.0mi
8/10
Burbank High School
Public,•9-12•4.2mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•4.3mi
8/10
North Hollywood Senior High School
Public,•9-12•4.4mi
6/10
Van Nuys Senior High School
Public,•9-12•5.5mi
Price History
Date
Event
Price
08/23/25
Price Change
$1,193,000
05/29/25
Listing
$1,200,000
Condition Rating
Fair
Built in 1949, this property features a main house with a recently and extensively renovated kitchen and bathroom, showcasing modern shaker cabinets, white quartz countertops, subway tile backsplash, stainless steel appliances, and a contemporary glass-enclosed shower with marble-look tile. Recessed lighting and updated flooring are present in the main living areas and bedrooms. However, the listing description notes 'all it needs is your personal touch' and 'buyer to verify permits' for additional units (two detached studios with kitchens/baths and a garage conversion). Images reveal varying levels of finish, with some areas, particularly in what appear to be the additional units, showing signs of incomplete work or simpler, less updated features (e.g., a room with patched walls and older flooring). While key areas are well-updated, the overall property, including its older original structure and the need for finishing touches in some areas, aligns with the 'Fair' category, indicating it requires minor updates or repairs despite significant recent renovations in core spaces.
Pros & Cons
Pros
Significant Income/Multigenerational Potential: The property features a main house plus multiple additional units, including two detached studios with kitchens/baths and a garage conversion, offering strong rental income or flexible living arrangements for large families.
Prime Location & Accessibility: Strategically located just 7 minutes from Burbank shopping malls, restaurants, Burbank Airport, freeways, and public transportation, enhancing convenience and desirability.
Included Solar Panels: The presence of solar panels provides a valuable energy-efficient upgrade, reducing utility costs and adding long-term value to the property.
Clear Investment Opportunity: Explicitly marketed as an 'incredible investment opportunity' with significant income potential, appealing directly to savvy buyers and investors.
Motivated Seller & Price Adjustment: The recently reduced price from $1.2M to $1.193M and the stated need for a 'quick sale' indicate seller motivation, potentially allowing for a favorable negotiation.
Cons
Unverified Additions & Permit Discrepancies: The listing explicitly states 'buyer to verify permits' for the main house and notes discrepancies in bed/bath count and square footage between records and current configuration, posing significant due diligence and potential legal/financial risks.
Requires Extensive Renovation/Updates: Built in 1949 and described as needing 'personal touch,' the property likely requires substantial investment in repairs, modernization, and system upgrades to meet contemporary standards.
Potential for Hidden Costs: The combination of unverified additions, an older build year, and the implied need for renovation suggests a high likelihood of unforeseen expenses related to deferred maintenance, code compliance, and structural or system issues.