
Reseda, California 91335
This Turnkey Multi-Unit Property is a Strong Value Opportunity, listed at $899,000—positioned well below the $943,477 Fair Market Value by 4%. This valuation gap offers $44,477 in Instant Equity. Featuring a fully remodeled 3-bed main home and a permitted 2-bed ADU generating $2,400/month, this Mint Condition asset includes a sparkling pool and corner lot. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to offset mortgage costs through immediate rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6633 Belmar Avenue Subject | $899,000* List Price | 5 | 3 | 1,641 | $575 | - |
A 7037 Tunney Avenue Sold | $900,000 | 4 | 3 | 1,750 | $514 | 0.5 mi |
B 19427 Lemay Street Sold | $842,000 | 3 | 2 | 1,367 | $616 | 0.1 mi |
C 19218 Schoolcraft Sold | $848,000 | 3 | 2 | 1,703 | $498 | 0.5 mi |
D 19120 Hartland Street Active | $1,049,000 List Price | 5 | 3 | 1,865 | $562 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern remodel within the last 5 years. It features a fully updated kitchen with shaker cabinets, quartz countertops, and stainless steel appliances, along with new wide-plank flooring, recessed lighting, and updated bathrooms. The inclusion of a permitted ADU and the visible condition of the HVAC systems and exterior indicate a mint-condition, maintenance-free asset.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7265, living area = 1641.
The property includes a permitted 2-bedroom, 1-bathroom ADU currently generating $2,400 per month, providing a significant mortgage offset for owner-occupants or high cash flow for investors.
The primary 3-bedroom home has been fully remodeled, offering a modern and move-in-ready interior that eliminates the need for immediate post-purchase renovation expenses.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1641, other record living area = 1299. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The main residence contains only 1.5 bathrooms for three bedrooms, which may be a functional drawback for growing families or those prioritizing a full primary ensuite.
Most of the immediate local schools carry lower performance ratings (ranging from 3 to 5), which could be a deterrent for education-focused buyers and impact long-term appreciation.
FIRST-TIME HOME BUYERS GOLDEN TICKET! INVESTORS DREAM+ Don't miss this rare opportunity in the best part of Reseda! Stunning fully remodeled 3 bed 1.5 bath main home on a premium CORNER LOT with a Sparkling POOL. BUT here's the showstopper: a PERMITTED 2 bed,1 bath ADU Currently generating $2400 /Month in rental income! PERFECT FOR FIRST-TIME BUYERS who want help covering the mortgage- let the ADU income work for you from day one! You can live in the main house, or rent both units and maximize cash flow. ADU can be delivered with a fantastic tenant in place OR Vacant, your Choice! Properties like this don't come around often. Highest and Best Offers Due By 5/28/2026
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 2.0 | 77% |
| Square foot | 1,641 | 1,505 | 59% |
| Lot Size | 7,265 | 6,560 | 72% |
| Price | $899.0K | $849.0K | 67% |
| Price per sq ft | $548 | $563 | 47% |
| Built year | 1951 | 1952 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 142 | 2% |
May 18, 2026
$899,000
Initial Listing
Aug 25, 2021
$700,000
Public Record
Jun 14, 1996
$128,000
Public Record