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8942 Ilex Avenue, Sun Valley, California 91352, Sun Valley, 91352 - 2 bed, 1 bath

8942 Ilex Avenue, Sun Valley, California 91352 home-pic-0
ACTIVE$699,999
8942 Ilex Avenue, Sun Valley, California 91352
2Beds
1Bath
820Sqft
6,172Lot
Year Built
1938
Close
-
List price
$700K
Original List price
$725K
Price/Sqft
$854
HOA
-
Days on market
-
Sold On
-
MLS number
SR25105561
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $700.0K(14th), sqft - 820(4th), beds - 2(12th), baths - 1(22th).

Charming 2 Bedroom, 1 Bath Corner Lot with R.V. Garage! Don't miss this centrally located 2 bedroom, 1 bath home situated on a spacious corner lot with tons of potential! Perfect for first-time home buyers, downsizers, or investors alike. This property offers practicality and convenience. With easy access to the 5 and 170 freeways, you'll find comfort in having shopping, schools and parks close by. The layout features a living area, a practical kitchen, and two comfortable bedrooms. The front garage has great potential to become an added bedroom or Junior ADU. Pull in from the alley access by a wide swing gate that opens into a spacious backyard. A rare find, this property also includes a RV garage with high clearance, ideal for RVs, boats or extra storage. Just inside the garage boasts plenty of cabinet storage and a workshop complete with a vintage solid wood work bench. The yard also includes two sheds for added storage. Bring your vision and make this home your own!

Nearby schools

3/10
Fernangeles Elementary School
Public,•K-5•0.3mi
2/10
Arminta Street Elementary School
Public,•K-5•1.2mi
5/10
Strathern Street Elementary School
Public,•K-5•1.4mi
2/10
Julie Korenstein Elementary School
Public,•K-5 & ungraded•1.6mi
3/10
Julie Korenstein Elementary School
Public,•K-5•1.6mi
5/10
Stonehurst Avenue Elementary School
Public,•K-5•1.6mi
5/10
Roscoe Elementary School
Public,•K-5•1.7mi
8/10
Vena Avenue Elementary School
Public,•K-5•1.9mi
4/10
Camellia Avenue Elementary School
Public,•K-5•2.0mi
4/10
Glenwood Elementary School
Public,•K-5•2.1mi
4/10
Vinedale Elementary School
Public,•K-5•2.1mi
3/10
Saticoy Elementary School
Public,•K-5•2.1mi
4/10
Canterbury Avenue Elementary School
Public,•K-5•2.3mi
6/10
Canterbury Avenue Elementary School
Public,•K-5•2.3mi
5/10
Bellingham Elementary School
Public,•K-5•2.8mi
5/10
Ranchito Avenue Elementary School
Public,•K-5•2.9mi
5/10
Coldwater Canyon Elementary School
Public,•K-5•2.9mi
5/10
Hazeltine Avenue Elementary School
Public,•K-5•3.7mi
8/10
Providencia Elementary School
Public,•K-5•3.9mi
4/10
Richard E. Byrd Middle School
Public,•6-8•1.2mi
5/10
James Madison Middle School
Public,•6-8•2.9mi
4/10
Roy Romer Middle School
Public,•6-8•3.0mi
6/10
Luther Burbank Middle School
Public,•6-8•4.1mi
3/10
Sun Valley High School
Public,•9-12•0.5mi
6/10
John H. Francis Polytechnic
Public,•9-12•1.1mi
5/10
Sun Valley Engineering And Technology Magnet
Public,•6-12•2.1mi
6/10
Ulysses S. Grant Senior High School
Public,•9-12•4.1mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•4.3mi
3/10
East Valley Senior High School
Public,•9-12•4.4mi
8/10
North Hollywood Senior High School
Public,•9-12•4.6mi
6/10
Van Nuys Senior High School
Public,•9-12•4.8mi
8/10
Burbank High School
Public,•9-12•5.1mi
Condition Rating
Fair
The property was built in 1938. The kitchen and bathroom appear outdated. The interior has some wood paneling. The carpets appear worn. While the property seems maintained, it requires updates to bring it to modern standards. The RV garage is a plus, but the overall condition suggests a 'fair' rating.
Pros & Cons

Pros

RV Garage: Rare RV garage with high clearance provides ample space for RVs, boats, or extra storage, adding significant value and versatility.
Corner Lot: Located on a spacious corner lot, offering more privacy and potential for landscaping or expansion compared to typical lots.
Accessory Storage: Includes two sheds and cabinet storage inside the garage, providing ample storage solutions.
Development Potential: Front garage has potential to be converted into an added bedroom or Junior ADU, increasing the property's value and rental income potential.
Convenient Location: Easy access to the 5 and 170 freeways, with shopping, schools, and parks nearby, enhancing convenience for residents.

Cons

Limited Living Space: The property has only 2 bedrooms and 1 bathroom, which may be insufficient for larger families or those desiring more space.
Vintage Condition: Built in 1938, the property may require updates and renovations to meet modern standards and preferences.
Original List Price Reduction: The property has undergone a price reduction, which could indicate underlying issues or challenges in attracting buyers at the original price.

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