19211 Strathern Street, Reseda, California 91335, Reseda, 91335 - 4 bed, 2 bath
ACTIVE$1,475,000
19211 Strathern Street, Reseda, California 91335
4Beds
2Baths
1,987Sqft
24,126Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 24126, living area = 1987.
Top Cons:
Significant Capital Investment Required: The listed price covers the land and approved plans; the buyer will need substantial additional capital for the actual construction of the 8,299 sqft multi-residence compound.
Compared to the nearby listings
Price:$1.48M vs avg $860.0K (+$615,000)98%
Size:1,987 sqft vs avg 1,540 sqft74%
Price/sqft:$742 vs avg $57485%
More Insights
Built in 1942 (83 years old).
Condition: The MLS listing explicitly markets this as an 'RTI-approved development opportunity' with 'plans ready to build a modern multi-residence compound,' including a 'newly constructed SB9 two-story residence' and a 'remodeled and expanded two-story main home.' This clearly indicates the property's value is based on the land and its redevelopment potential, not the existing structure. The interior images confirm this, showing extremely dilapidated conditions with worn, stained pink and teal carpets, outdated wood-paneled ceilings, old light fixtures, and a general state of disrepair, rendering the current structure unlivable or requiring complete demolition/reconstruction. The property was built in 1942 and shows no signs of major renovations in the past 50+ years.
Year Built
1942
Close
-
List price
$1.48M
Original List price
$1.48M
Price/Sqft
$742
HOA
-
Days on market
-
Sold On
-
MLS number
25614971
Home ConditionTear down
Features
Good View:
View
About this home
A rare RTI-approved development opportunity in the heart of Reseda, 19211 W Strathern Street offers a fully entitled half-acre lot with plans ready to build a modern multi-residence compound under SB9. Designed by Urbane Design, Inc., the approved plans include Building 1: a remodeled and expanded two-story main home totaling 2,716 square feet with an attached 500-square-foot junior ADU and two-car garage; Building 2: a single-story detached 800-square-foot ADU with its own two-car garage; and Building 3: a newly constructed SB9 two-story residence totaling 2,466 square feet with an attached 1,000-square-foot ADU and two-car garage. Together, the project encompasses approximately 8,299 square feet of all-electric living. Each residence is designed with modern efficiency and architectural harmony, featuring NFPA 13D/13R sprinkler systems and full compliance with Los Angeles's all-electric ordinance. Zoned RA-1 and eligible for AB 2097 parking exemption within half a mile of a major transit stop, this property offers exceptional flexibility for investors, builders, or end users envisioning a private estate or income-producing multi-unit community. With permits ready to issue and no entitlement delays, this is a rare opportunity to break ground immediately and bring a sophisticated, design-forward project to life on one of Reseda's largest RTI-approved lots. Approved RTI plans available for review upon request.
Nearby schools
2/10
Blythe Street Elementary School
Public,•K-5•0.6mi
3/10
Melvin Avenue Elementary School
Public,•K-5•0.6mi
3/10
Napa Street Elementary School
Public,•K-5•0.8mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•1.1mi
5/10
Reseda Elementary School
Public,•K-5•1.2mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.3mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.3mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.3mi
5/10
Garden Grove Elementary School
Public,•K-5•1.5mi
5/10
Cantara Street Elementary School
Public,•K-5•1.6mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•2.0mi
6/10
Lorne Street Elementary School
Public,•K-5•2.2mi
3/10
Anatola Avenue Elementary School
Public,•K-5•2.3mi
3/10
Anatola Avenue Elementary School
Public,•K-5•2.3mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•2.3mi
6/10
Newcastle Elementary School
Public,•K-5•2.4mi
6/10
Lemay Street Elementary School
Public,•K-5•2.6mi
5/10
Lemay Street Elementary School
Public,•K-5•2.6mi
3/10
John A. Sutter Middle School
Public,•6-8•1.4mi
3/10
Northridge Middle School
Public,•6-8•1.6mi
3/10
William Mulholland Middle School
Public,•6-8•3.0mi
5/10
William Mulholland Middle School
Public,•6-8•3.2mi
6/10
Gaspar De Portola Middle School
Public,•6-8•3.4mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.6mi
4/10
Reseda Senior High School
Public,•9-12•2.2mi
7/10
Northridge Academy High
Public,•9-12•2.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.1mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.1mi
Price History
Date
Event
Price
12/03/24
Sold
$1,160,000
Condition Rating
Tear down
The MLS listing explicitly markets this as an 'RTI-approved development opportunity' with 'plans ready to build a modern multi-residence compound,' including a 'newly constructed SB9 two-story residence' and a 'remodeled and expanded two-story main home.' This clearly indicates the property's value is based on the land and its redevelopment potential, not the existing structure. The interior images confirm this, showing extremely dilapidated conditions with worn, stained pink and teal carpets, outdated wood-paneled ceilings, old light fixtures, and a general state of disrepair, rendering the current structure unlivable or requiring complete demolition/reconstruction. The property was built in 1942 and shows no signs of major renovations in the past 50+ years.
Pros & Cons
Pros
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 = 24126, living area = 1987.
RTI-Approved Development Opportunity: The property boasts 'Ready To Issue' (RTI) approved plans, eliminating significant time, cost, and uncertainty typically associated with the entitlement process for multi-unit developments.
Maximized Density & Income Potential: Approved plans allow for a substantial multi-residence compound under SB9, including a main home and three ADUs, totaling approximately 8,299 sqft of living space, offering high income-generating potential.
Large Entitled Lot: A rare half-acre (24,126 sqft) fully entitled lot in Reseda provides ample space for the proposed development, making it one of the largest RTI-approved lots in the area.
Modern Design & Compliance: Designed by Urbane Design, Inc., the project features all-electric living, NFPA 13D/13R sprinkler systems, and full compliance with modern building codes, ensuring efficiency and safety.
Strategic Location Benefits: The property is eligible for AB 2097 parking exemption due to its proximity to a major transit stop, reducing development costs and enhancing the feasibility of the multi-unit project.
Cons
Significant Capital Investment Required: The listed price covers the land and approved plans; the buyer will need substantial additional capital for the actual construction of the 8,299 sqft multi-residence compound.
Construction Risk & Management: The buyer assumes full responsibility for managing a complex construction project, including potential delays, cost overruns, and the inherent risks associated with building multiple units.
Market Absorption & Pricing Uncertainty: While offering multiple units, the ultimate financial success depends on the Reseda market's demand for these specific types of residences and the achievable rental or sale prices upon completion.