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6829 Yolanda Avenue, Reseda, California 91335, Reseda, 91335 - bed, bath

6829 Yolanda Avenue, Reseda, California 91335 home-pic-0
ACTIVE$1,750,000
6829 Yolanda Avenue, Reseda, California 91335
0Bed
0Bath
3,070Sqft
6,753Lot

Price Vs. Estimate

The estimated value ($1,650,444.21) is $99,555.79 (5%) lower than the list price ($1,750,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential: This property features three distinct units (Main, ADU, JADU) generating a combined monthly income of approximately $12,000 with an impressive 8.2% gross cap rate, offering significant investment returns.
Top Cons:
Unspecified HVAC System: For a new construction property in Southern California, the description does not explicitly mention central air conditioning or heating for all units, which could be a notable omission for tenant comfort and market expectation.

Compared to the nearby listings

Price:$1.75M vs avg $860.0K (+$890,000)99%
Size:3,070 sqft vs avg 1,540 sqft98%
Price/sqft:$570 vs avg $57350%

More Insights

Built in 2024 (1 years old).
Condition: This is a brand-new construction property built in 2024, featuring premium and high-end finishes throughout all three units (main house, ADU, and JADU). The kitchen boasts a modern design with a waterfall quartz island, stainless steel appliances, and contemporary cabinetry. Bathrooms are elegantly designed with modern vanities, stylish black and white tiling, and glass-enclosed showers. The property includes new wood-look flooring, recessed lighting, and modern fixtures, indicating no deferred maintenance and meeting current quality standards.
Year Built
2024
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$570
HOA
-
Days on market
-
Sold On
-
MLS number
SR25030149
Home ConditionExcellent
Features
Deck
Patio
ViewNeighborhood

About this home

Nestled on a picturesque, tree-lined street in the heart of Reseda, this stunning new construction property offers 3 units generating a combined monthly income of approximately $12,000 and 8.2% gross cap rate! expenses are property tax and insurance only! The main house, with 3 generously sized bedrooms and 2 elegantly designed bathrooms, features premium finishes throughout. The residence boasts a beautifully landscaped yard, perfect for outdoor relaxation and entertaining. Expansive windows flood the interior with natural light and provide serene views of the surrounding lush greenery. The home’s additional highlights include an open-concept living area, high ceilings, a gourmet kitchen with high-end appliances, and ample storage, completely gated with electric gate. The property includes an ADU with PAID OFF SOLAR, a brand-new, thoughtfully designed home with 2 bedrooms and 2 bathrooms, featuring the same high-quality finishes and a seamless blend of modern elegance and functionality. It offers a cozy and private, landscaped yard ideal for relaxing and entertaining, alongside a wraparound outdoor space. Large windows invite abundant natural light and enhance the tranquil surroundings. Additionally, the property features a JADU unit, offering a spacious bedroom and bathroom, crafted with high-end finishes and designed for modern living. A perfect size landscaped private yard provides a perfect spot for outdoor relaxation or morning coffee. Large windows illuminate the interior, complementing the calm and inviting atmosphere. Offering a luxurious living experience in a great neighborhood, this home is a rare opportunity.

Nearby schools

5/10
Reseda Elementary School
Public,•K-5•0.5mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•0.9mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.0mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.0mi
6/10
Newcastle Elementary School
Public,•K-5•1.0mi
5/10
Garden Grove Elementary School
Public,•K-5•1.0mi
2/10
Blythe Street Elementary School
Public,•K-5•1.4mi
5/10
Lemay Street Elementary School
Public,•K-5•1.5mi
6/10
Lemay Street Elementary School
Public,•K-5•1.5mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.6mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.6mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.6mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.7mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.7mi
5/10
Cantara Street Elementary School
Public,•K-5•1.9mi
6/10
Lorne Street Elementary School
Public,•K-5•2.2mi
3/10
Napa Street Elementary School
Public,•K-5•2.2mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•2.4mi
3/10
John A. Sutter Middle School
Public,•6-8•1.8mi
6/10
Gaspar De Portola Middle School
Public,•6-8•1.9mi
3/10
William Mulholland Middle School
Public,•6-8•2.0mi
5/10
William Mulholland Middle School
Public,•6-8•2.1mi
3/10
Northridge Middle School
Public,•6-8•2.3mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.0mi
4/10
Reseda Senior High School
Public,•9-12•0.7mi
7/10
Northridge Academy High
Public,•9-12•3.6mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.0mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•5.0mi
Condition Rating
Excellent
This is a brand-new construction property built in 2024, featuring premium and high-end finishes throughout all three units (main house, ADU, and JADU). The kitchen boasts a modern design with a waterfall quartz island, stainless steel appliances, and contemporary cabinetry. Bathrooms are elegantly designed with modern vanities, stylish black and white tiling, and glass-enclosed showers. The property includes new wood-look flooring, recessed lighting, and modern fixtures, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Exceptional Income Potential: This property features three distinct units (Main, ADU, JADU) generating a combined monthly income of approximately $12,000 with an impressive 8.2% gross cap rate, offering significant investment returns.
Brand New Construction (2024): Built in 2024, the property offers modern design, up-to-date building codes, and minimal immediate maintenance, appealing to tenants and owners seeking contemporary living.
Premium Finishes & Modern Amenities: All units boast premium/high-end finishes, open-concept living areas, high ceilings, gourmet kitchens with high-end appliances, and ample storage, ensuring a luxurious living experience.
Energy Efficiency & Cost Savings: The ADU includes paid-off solar panels, which significantly reduces utility costs and adds long-term value and appeal to environmentally conscious occupants.
Enhanced Privacy & Security: The property is fully gated with an electric gate and features private, landscaped yards for each unit, providing residents with security, privacy, and pleasant outdoor spaces.

Cons

Unspecified HVAC System: For a new construction property in Southern California, the description does not explicitly mention central air conditioning or heating for all units, which could be a notable omission for tenant comfort and market expectation.
Location Market Perception: While described as a 'great neighborhood,' Reseda may not command the same premium pricing or rapid appreciation as some other, more established Los Angeles submarkets, potentially impacting long-term value growth.
Limited View Type: The property offers 'neighborhood' views and 'serene views of the surrounding lush greenery,' but lacks the more desirable panoramic city or ocean views that could significantly enhance its market value.

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