6839 Geyser Avenue, Reseda, California 91335, Reseda, 91335 - 4 bed, 3 bath
ACTIVE$849,000
6839 Geyser Avenue, Reseda, California 91335
4Beds
3Baths
1,827Sqft
6,752Lot
Price Vs. Estimate
The estimated value ($764,343.75) is $84,656.25 (9%) lower than the list price ($849,000). This property may be overpriced.
Key pros and cons
Top Pros:
ADU Development Potential: The seller has already secured permits to build an Accessory Dwelling Unit (ADU), offering significant value-add potential for rental income or multi-generational living.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Compared to the nearby listings
Price:$849.0K vs avg $855.0K ($-6,000)44%
Size:1,827 sqft vs avg 1,540 sqft68%
Price/sqft:$465 vs avg $57318%
More Insights
Built in 1940 (85 years old).
Condition: Built in 1940, this property shows significant age and a lack of major renovations in key areas. The kitchen features outdated wooden cabinets, tile countertops, and older appliances, requiring a full modernization. The bathroom is similarly dated with a pedestal sink and older tiling. While tenant-occupied, suggesting habitability, the visible condition of these critical areas, combined with the property's age, indicates that major systems (electrical, plumbing, HVAC) are likely very old and would require substantial repairs and rehabilitation to meet current standards and comfort levels. The property offers 'potential' but demands extensive investment.
Year Built
1940
Close
-
List price
$849K
Original List price
$890K
Price/Sqft
$465
HOA
-
Days on market
-
Sold On
-
MLS number
SR25263378
Home ConditionPoor
Features
View-
About this home
Fantastic value and potential in Reseda!. These 4 bedrooms, 3 bathrooms home offers 1,827 sq ft of living space, on a 6,752 sq ft lot. Property is currently tenant occupied. It can be delivered vacant or you can keep the tenants. Seller will provide current rents and agreements. Seller has permits to build an ADU. Property has a long driveway and paid for solar panels. Great central location close to shopping, restaurants and public transportation. Call now for all the details and arrange your private tour.
Nearby schools
5/10
Reseda Elementary School
Public,•K-5•0.6mi
5/10
Shirley Avenue Elementary School
Public,•K-5•0.8mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•0.9mi
5/10
Garden Grove Elementary School
Public,•K-5•1.1mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.1mi
6/10
Newcastle Elementary School
Public,•K-5•1.1mi
2/10
Blythe Street Elementary School
Public,•K-5•1.4mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.5mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.6mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.6mi
5/10
Lemay Street Elementary School
Public,•K-5•1.6mi
6/10
Lemay Street Elementary School
Public,•K-5•1.6mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.7mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.8mi
5/10
Cantara Street Elementary School
Public,•K-5•2.0mi
3/10
Napa Street Elementary School
Public,•K-5•2.2mi
6/10
Lorne Street Elementary School
Public,•K-5•2.3mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•2.3mi
3/10
John A. Sutter Middle School
Public,•6-8•1.7mi
6/10
Gaspar De Portola Middle School
Public,•6-8•1.9mi
3/10
William Mulholland Middle School
Public,•6-8•2.1mi
5/10
William Mulholland Middle School
Public,•6-8•2.2mi
3/10
Northridge Middle School
Public,•6-8•2.3mi
5/10
Woodland Hills Charter Academy
Public,•6-8•2.9mi
4/10
Reseda Senior High School
Public,•9-12•0.8mi
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
Poor
Built in 1940, this property shows significant age and a lack of major renovations in key areas. The kitchen features outdated wooden cabinets, tile countertops, and older appliances, requiring a full modernization. The bathroom is similarly dated with a pedestal sink and older tiling. While tenant-occupied, suggesting habitability, the visible condition of these critical areas, combined with the property's age, indicates that major systems (electrical, plumbing, HVAC) are likely very old and would require substantial repairs and rehabilitation to meet current standards and comfort levels. The property offers 'potential' but demands extensive investment.
Pros & Cons
Pros
ADU Development Potential: The seller has already secured permits to build an Accessory Dwelling Unit (ADU), offering significant value-add potential for rental income or multi-generational living.
Paid Solar Panels: The property includes paid-for solar panels, which will reduce utility costs and enhance its appeal to environmentally conscious buyers.
Income-Generating Opportunity: Currently tenant-occupied with the option to keep tenants, providing immediate rental income for investors or flexibility for future owner-occupants.
Central Location: The property boasts a great central location with convenient access to shopping, restaurants, and public transportation, enhancing daily convenience.
Recent Price Adjustment: A recent price reduction from $890,000 to $849,000 indicates a more competitive offering and potential for increased buyer value.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Age of Property: Built in 1940, the home may require updates to systems, infrastructure, or aesthetics to meet modern standards, potentially incurring additional costs for the buyer.
Lack of Views: The property explicitly states 'view:None', which could be a drawback for buyers seeking scenic outlooks or premium views.
Lower-Rated Local Schools: Several nearby elementary schools have lower ratings (e.g., 2s and 3s), which might be a concern for families prioritizing top-tier public education.