6323 Reseda 1, Reseda, California 91335, Reseda, 91335 - 3 bed, 3 bath
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6323 Reseda 1
Reseda, California 91335
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,521Sq Ft
57,014Lot Size
Property Price
LIST PRICE$499,999
EST. MARKET VALUE
$580,151
13% BelowMARKET VALUE
SUMMARY
This 3-bedroom, 3-bathroom condominium represents a Strong Value Opportunity, listed at $499,999—positioned well below the $580,152 Fair Market Value by 13%. This valuation gap offers $80,153 in Instant Equity for the buyer. With a Condition Rating of 3, the unit features modern updates like wood-style flooring and plantation shutters. While the HOA fee is notable, the functional layout and prime location near Tarzana provide significant lifestyle appeal. This property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home.
Estimated Market Value
$580,151+$80,152 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 6323 Reseda 1 Subject | $499,999* List Price | 3 | 3 | 1,521 | $381 | - |
A 6545 Reseda Boulevard 8 Sold | $405,000 | 2 | 2 | 967 | $419 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1983, the property shows clear signs of updates within the last 5-15 years, including wood-style flooring, plantation shutters, and crown molding. The interior is well-maintained, functional, and move-in ready, exceeding the 'Fair' criteria for its age group.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious and Versatile Layout
With 3 bedrooms, 3 bathrooms, and 1,521 square feet of living space, this unit offers a rare and functional floor plan that easily accommodates families or a home office setup.
- Modern Interior Upgrades
The interior features high-quality finishes including wood-style flooring, crown molding, and plantation shutters, providing a move-in-ready aesthetic that appeals to contemporary buyers.
- Prime Location and Accessibility
Ideally situated near the Tarzana border, the property offers convenient access to local shopping, dining, and major thoroughfares, enhancing its appeal for commuters and urban dwellers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Association Fees
The monthly HOA fee of $736.40 is notably high for this price point, which may impact buyer affordability and overall monthly carrying costs.
- Lack of Scenic Views
The property is noted as having no views, which could be a drawback for buyers seeking natural scenery or an open feel from their living environment.
About 6323 Reseda 1
Welcome to 6323 Reseda Blvd, Unit 1, a beautifully presented residence in the heart of Tarzana offering comfort, style, and convenience. Step inside to a bright, inviting interior featuring wood-style flooring, crown molding, plantation shutters, and an abundance of natural light. The thoughtfully designed kitchen offers generous cabinetry, ample counter space, and a functional layout that flows seamlessly into the surrounding living and dining areas—perfect for both everyday living and entertaining. The versatile floor plan provides comfortable bedrooms and flexible spaces ideal for a home office, guest room, or creative retreat. Additional highlights include a dedicated in-unit laundry area and well-appointed living spaces designed for functionality and ease. Ideally situated along Reseda Boulevard, this home offers convenient access to Tarzana’s shopping, dining, recreation, and everyday essentials, with easy connectivity to surrounding communities and major thoroughfares. A wonderful opportunity to enjoy a stylish and conveniently located home in one of the San Fernando Valley’s most desirable communities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- 57,014 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $736.4 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,521 | 1,228.5 |
| Lot Size | 57,014 | 50,708 |
| Price | $500.0K | $447.8K |
| Price per sq ft | $329 | $413 |
| Built year | 1983 | 1985 |
| HOA | $736.4 | $494 |
| Days on market | 9 | 74 |
Pricing History
Listed for Sale
Aug 31, 2026
$499,999
Initial Listing
Sold
Sep 20, 2016
$369,000
Public Record
Sold
Dec 9, 2008
$217,000
Public Record
Sold
Aug 10, 1998
$105,000
Public Record