17900 Sherman Way 226, Reseda, California 91335, Reseda, 91335 - 1 bed, 1 bath
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Reseda, California 91335
This Newly Remodeled Condominium is a Strong Value Opportunity, listed at $289,900—positioned well below the $313,310 Fair Market Value by 7%. This valuation gap provides $23,410 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the unit features a modern open-concept layout, a designer kitchen, and a rare 2-car assigned parking allocation. Residents enjoy a forested greenbelt view and resort-style amenities within a gated community near Northridge Academy High. This turnkey asset is perfectly suited for first-time buyers or Buy-and-Hold Investors seeking immediate cash flow potential.
Property is new construction or fully renovated.
The property has undergone an extensive recent interior renovation that brings it up to modern standards. The kitchen features new shaker-style cabinetry, contemporary stone countertops, and a modern faucet, while the living areas benefit from new recessed lighting, fresh paint, and updated flooring (large-format tile and laminate). Although the building was constructed in 1976, the unit's internal components, including the fully remodeled bathroom and updated fixtures, meet the criteria for excellent condition with no visible deferred maintenance.
The unit has been extensively remodeled with a new kitchen, updated bathroom, fresh paint, and recessed lighting, offering a modern, move-in-ready environment for owners or tenants.
The inclusion of two assigned parking spaces for a one-bedroom unit is a rare and highly valuable asset in this high-density area, significantly increasing the property's marketability.
The gated complex provides a comprehensive suite of amenities, including a pool, spa, tennis courts, and gym, which enhances the lifestyle appeal and supports higher rental demand.
The monthly HOA fee of $459 is relatively high compared to the listing price, which may impact the debt-to-income ratio for first-time buyers and reduce net cash flow for investors.
Constructed in 1976, the complex may require ongoing maintenance or face potential special assessments for common area upgrades, a typical consideration for properties of this vintage.
Great opportunity for first-time homebuyers or investors looking for a high-return investment! Newly remodeled, bright, and airy 1-bedroom, 1-bath condo with open-concept floorplan. Enjoy the privacy of this unit, with fresh paint, recessed lighting throughout and the convenience of 2 ASSIGNED PARKING SPACES. The recently remodeled kitchen features new cabinetry, countertops, and recessed lighting. The bathroom has also been completely remodeled, and the generously sized bedroom offers ample closet space with its wall-to-wall mirrored closet. Water is included in the HOA. This gated community offers amenities like sparkling pool & spa, tennis courts, BBQ areas, recreational room, gym, grassy areas and laundry facility. Conveniently located near Lake Balboa Park, schools, shopping centers, CSUN, Pierce College and 101 & 405 freeways. Call me for a private showing.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 14% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 664 | 1,051.5 | 14% |
| Lot Size | 108,527 | 62,185 | 71% |
| Price | $289.9K | $493.8K | 14% |
| Price per sq ft | $437 | $450 | 43% |
| Built year | 1976 | 1978 | 36% |
| HOA | $459.0 | $476 | 43% |
| Days on market | 19 | 183 | 7% |
Apr 3, 2026
$289,900
Initial Listing
Dec 23, 2004
$168,000
Public Record