ActiveSingleFamilyResidence

7640 Greg Avenue

Sun Valley, CA, 91352

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$1,120,000

Original list price: $1,049,000

MLS: 26830375

Beds

5

Baths

6

Sq Ft

2,239

Lot

0.20 ac

Year Built

1941

MLS #

26830375

Days on Market

0

Listed

May 6, 2026

Description

Single-family residence featuring a versatile layout with strong income potential. The property includes a permitted garage conversion to an Accessory Dwelling Unit (ADU), offering independent living space with its own amenities. (An ADU is a fully self-contained secondary unit on the same lot as the primary residence.)In addition to the main home and permitted ADU, the property includes four (4) additional non-permitted units, presenting a unique opportunity for investors or owner-users seeking multi-generational living or potential rental income.Property offers ample space and functionality, with room for improvement and added value. Ideal for buyers looking to customize and maximize the property's full potential.Conveniently located near major freeways, shopping, and local amenities.

Location

Sun Valley, Los Angeles County, CA 91352

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Listed by: Zara Baghikyan · Compass

Payment estimate

$8,265

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $112,000 · Loan: $1,008,000

%
Principal & Interest
$6,378
Property tax (1.25%)
$1,167
Homeowners insurance
$300
Mortgage insurance
$420
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Today's Rates

As of May 21, 2026

30-year fixed
6.51%
15-year fixed
5.85%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Sun Valley home with as little as 3.5% down using an FHA loan — roughly $39,200 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.