
Los Angeles, California 91335
This townhouse represents a High-Potential Investment Opportunity, listed at $495,000—positioned well below the $512,973 Fair Market Value by 3%. This valuation gap offers $17,973 in Instant Equity. Currently generating $32,748 in annual Section 8 income, the property features a Fair Condition Rating with original finishes, providing a clear path for value-add modernization. With an attached 2-car garage, private patio, and community pools, this is a stable, income-producing asset ideal for Buy-and-Hold Investors or first-time buyers seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19545 Sherman 30 Subject | $495,000* List Price | 0 | 0 | 1,319 | $389 | - |
A 19451 Sherman Way 501 Active | $569,000 List Price | 3 | 3 | 1,361 | $418 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is over 45 years old and shows highly dated bathroom fixtures and finishes that appear original. While functional and currently generating income as a Section 8 rental, the unit requires cosmetic modernization and updates to systems to meet current market standards.
The property is a turnkey investment generating a steady annual income of $32,748 through an established Section 8 tenant, providing immediate and reliable ROI for investors.
With over 1,300 sqft of living space, high ceilings, an attached two-car garage, and in-unit laundry, this townhouse offers a highly desirable and functional floor plan.
The low $430 monthly HOA fee includes water and access to a gated community featuring three pools and spas, offering excellent value and lifestyle amenities for the price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =126320, other record lot size in square feet = 126380.
The assigned public schools carry low ratings (3-4 out of 10), which may limit the property's appeal to families and impact long-term capital appreciation.
Built in 1977, the property may require future capital improvements to modernize the interior or address aging systems typical of a nearly 50-year-old structure.
Great Investment Opportunity!!!! This property is meant for those that want to park their funds and earn steady income on the 3rd of every month! "Section 8" current annual earnings: $32,748. Solid low maintenance tenant with “month to month” lease agreement in place. ***Low HOA of only $430 per month includes water. Tenant pays for own electricity and gas. This multi-level townhouse offers: Entrance from the back street named" Wyandotte". Attached 2 car garage. Private Patio off of the living room. Convenient in unit upstairs laundry. Plenty of storage space throughout. Large 2bed/1.5 baths. Spacious bedrooms with lots of closet space. Over 1300 sqft of living space, open floor plan with lots of natural light throughout. High ceilings with ceiling fans. Central AC/Heat. Well maintained gated community features; 3 pools, spas, and rec-room. **Close to grocery stores, transportation, and restaurants in the heart of Reseda.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.8 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,319 | 1,684.167 |
| Lot Size | 126,320 | 37,562.267 |
| Price | $495.0K | $937.8K |
| Price per sq ft | $375 | $638 |
| Built year | 1977 | 1980 |
| HOA | $0 | $596 |
| Days on market | 22 | 58 |
Aug 18, 2026
$495,000
Initial Listing
Dec 11, 2007
$268,000
Public Record