
Los Angeles, California 91335
This Single Family Residence is a High-Potential Investment Opportunity, listed at $985,000—positioned well above the $831,200 Fair Market Value by -18%. While priced above market, the property features a Condition Rating of 3, boasting a new roof, new windows, solar system, and remodeled baths. The 4-bedroom, 3-bath layout includes a pool, spa, and mature fruit trees, offering significant lifestyle appeal. With its quiet Reseda location and proximity to local schools, this home is an ideal acquisition for Owner-Occupants or long-term investors seeking a well-maintained, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18320 Elkwood Street Subject | $985,000* List Price | 4 | 3 | 2,238 | $371 | - |
A 18954 Saticoy Street Sold | $723,500 | 4 | 3 | 1,774 | $408 | 0.9 mi |
B 18026 Ingomar Street Sold | $715,000 | 3 | 2 | 1,888 | $379 | 0.4 mi |
C 18725 Covello Sold | $915,000 | 4 | 2 | 2,033 | $450 | 0.6 mi |
D 7528 Newcastle Avenue Active | $1,050,000 List Price | 5 | 4 | 2,355 | $446 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1987, the property has undergone significant recent capital improvements including a new roof, new windows, new flooring, and the installation of a solar system. The powder room and shower have been remodeled, and the presence of central AC and vacuum systems indicates well-maintained infrastructure. The mention of 'opportunities to customize' suggests the kitchen may be dated, but the home is move-in ready and functional.
Priced to sell quickly due to the owners' relocation. This great family home will impress you with its unique floor plan, which is both cozy and convenient. Step into the ballroom-sized living room with its soaring cathedral ceiling and invite your guests to gather for home parties. Then sneak into the secluded kitchen, with the formal dining room attached, to enjoy late dinners. Or relax by the fireplace in the pleasant family room, which opens to the tranquil and very generous backyard filled with a dozen mature fruit trees surrounding the sparkling pool and spa. You will be surprised to find a hidden jewel in the backyard, completely handcrafted by the seller, where you can refresh your body and mind and enjoy an amazing sense of well-being. There are four large bedrooms upstairs, all featuring walk-in closets. The hotel-grade primary suite offers a sitting area, walk-in wardrobe, and an expansive en-suite bathroom with his-and-her vanities, a bathtub, and a private shower cabin. The owners have installed a new roof, new windows throughout, and new flooring, completely remodeled the powder room and shower, and made many additional improvements. Some opportunities remain for the new owners to customize the home to their own taste and desire. The solar system allows you to save significantly on electricity costs. Additional highlights include central vacuum, central air conditioning, and custom-made wood shades on the windows, helping you stay cool in this beautiful Tuscan villa despite the summer heat outside. The property is located in one of the quietest and best parts of Reseda, providing a peaceful setting while still being conveniently close to everything.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,238 | 1,664.159 |
| Lot Size | 5,810 | 6,066.556 |
| Price | $985.0K | $1.35M |
| Price per sq ft | $440 | $806 |
| Built year | 1987 | 1939 |
| HOA | $0 | $278 |
| Days on market | 8 | 55 |
Sep 1, 2026
$985,000
Initial Listing
Oct 18, 2012
$405,000
Public Record