11936 Neenach

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.