18942 Arminta Street, Reseda, California 91335, Reseda, 91335 - 4 bed, 2 bath
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18942 Arminta Street
Reseda, California 91335
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
2,394Sq Ft
21,797Lot Size
Property Price
LIST PRICE$1,599,000
EST. MARKET VALUE
$1,475,662
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,599,000—positioned above the $1,475,662 Fair Market Value. Despite the premium, the asset offers significant upside through Approved RTI Plans for three additional units, totaling 12 bedrooms and 6,000+ sqft of living space. The existing 2,394 sqft primary residence maintains a Condition Rating of 2, featuring a fully remodeled interior and upgraded infrastructure. This is a strategic income-generating compound ideal for Buy-and-Hold Investors or Developers seeking immediate scale in Reseda Ranch.
Estimated Market Value
$1,475,662
Based on Realkey algorithm analyzing recent comparable sales in Reseda.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18942 Arminta Street Subject | $1,599,000* List Price | 4 | 2 | 2,394 | $616 | - |
A 18320 Ingomar Street Sold | $1,650,000 | 5 | 4 | 3,045 | $542 | 0.8 mi |
B 19000 Strathern Active | $1,599,000 List Price | 6 | 5 | 2,759 | $580 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a complete recent remodel featuring a modern kitchen with stainless steel appliances, new designer flooring, and fresh paint. Critical systems have been updated with copper plumbing and newer electrical, meeting the criteria for a high-quality renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21797, living area = 2394.
- Significant Development Potential
The property includes approved RTI (Ready-to-Issue) plans to build three additional units, offering a rare opportunity to create a high-density income compound with over 6,000 square feet of new living space.
- Expansive Private Lot
Situated on a massive 21,780 square foot flat and usable lot, the estate is fully gated and set back on a tree-lined street, providing exceptional privacy and rare 'Reseda Ranch' scale.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2394, other record living area = 2094. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Average School Ratings
The local public schools serving this address primarily hold ratings between 3 and 5, which may be a concern for families prioritizing high-performing educational districts.
- Lack of Scenic Views
Despite the premium price point and large lot size, the property lacks any significant views, which may limit its appeal compared to other luxury-tier investments in the San Fernando Valley.
About 18942 Arminta Street
A rare development opportunity meets turnkey luxury in prime Reseda Ranch, set back on a picturesque tree lined street and fully gated for complete privacy on a massive 21,780 square foot flat and usable lot. The property is being offered with approved RTI plans to build three additional units totaling 12 bedrooms, 6 bathrooms, and over 6,000 square feet of living space, creating an extraordinary income generating compound or high density investment. The existing primary residence has been beautifully and completely remodeled, featuring more than 2,400 square feet of light filled living space with 4 ample bedrooms and 2 stylish bathrooms. A grand circular driveway leads to a welcoming covered front porch, opening to an expansive layout highlighted by new interior and exterior paint, new designer floors throughout, recessed lighting, and a modern kitchen with stainless steel appliances. Upgraded with copper plumbing and newer electrical, this unique estate delivers move in ready comfort today with immediate, massive upside potential to build tomorrow.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 21,797 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Reseda Unified Schools
Blythe Street Elementary School
Grades K-5 • 0.3 mi
2/10
Melvin Avenue Elementary School
Grades K-5 • 0.8 mi
3/10
Reseda Elementary School
Grades K-5 • 0.9 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,394 | 1,454.579 |
| Lot Size | 21,797 | 6,711.877 |
| Price | $1.60M | $825.4K |
| Price per sq ft | $668 | $560 |
| Built year | 1946 | 1952 |
| HOA | $0 | $0 |
| Days on market | 5 | 54 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,599,000
Initial Listing
Sold
Sep 4, 2015
$680,000
Public Record
Sold
Jun 27, 2014
$425,500
Public Record
Sold
Aug 4, 2005
$650,000
Public Record