6850 Tampa, Reseda, California 91335, Reseda, 91335 - 4 bed, 2 bath
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Reseda, California 91335
This Value-Add Single-Family Residence presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well below the $831,331 Fair Market Value by 3%. This valuation gap offers $31,331 in Instant Equity for buyers ready to modernize this Fair Condition cosmetic fixer. Featuring a newer roof, solar panels, and rear alley access with significant ADU potential, the property is located just 0.27 miles from Shirley Avenue Elementary School. This is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6850 Tampa Subject | $800,000* List Price | 4 | 2 | 1,602 | $472 | - |
A 6670 Aura Sold | $820,000 | 4 | 2 | 1,511 | $543 | 0.2 mi |
B 19427 Hart Street Sold | $765,000 | 3 | 2 | 1,740 | $440 | 0.3 mi |
C 7459 Vanalden Ave Sold | $889,000 | 4 | 2 | 1,740 | $511 | 0.8 mi |
D 7300 Sylvia Avenue Sold | $835,000 | 4 | 2 | 1,526 | $547 | 0.5 mi |
E 19218 Schoolcraft Sold | $848,000 | 3 | 2 | 1,703 | $498 | 0.1 mi |
F 19624 Kittridge Street Active | $839,000 List Price | 4 | 2 | 1,680 | $499 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955 and explicitly described as a 'cosmetic fixer,' this property requires interior updates to the kitchen, bathrooms, and flooring to meet current market standards. While the exterior shows a newer roof and solar panels, the age of the home and the need for aesthetic rehabilitation align with the fair condition category, indicating a functional but outdated residence.
As a cosmetic fixer, this property presents a prime opportunity for investors or owner-occupants to build immediate equity through strategic renovations and modern updates.
The home features a newer roof and solar panels, providing significant long-term savings on utility costs and reducing the need for immediate major capital expenditures.
Rear alley access to the backyard and garage offers enhanced privacy and convenience, providing excellent potential for an ADU conversion or simplified parking solutions.
The 'cosmetic fixer' status implies that the buyer will need to budget for immediate repairs and aesthetic improvements upon taking possession.
The listing price was recently raised from $749,000 to $800,000, which may affect its perceived value among buyers specifically targeting entry-level fixer-upper opportunities.
While the local elementary school is very close, several of the assigned middle and high schools in the district carry lower performance ratings, which may be a concern for education-focused buyers.
Excellent opportunity to own a 4-bedroom, 2-bath single-family home with cosmetic fixer potential. Property boasts a charming front yard, newer roof, and solar panels. Rear alley access provides easy entry to the backyard and garage, offering flexibility and convenience. A great chance to add value in a desirable setting.
No exterior & parking available.
Grades K-5 • 0.3 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 | 4.0 | 3.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,602 | 1,540 | 56% |
| Lot Size | 6,242 | 6,614 | 31% |
| Price | $800.0K | $850.0K | 36% |
| Price per sq ft | $499 | $552 | 30% |
| Built year | 1955 | 1953 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 102 | 176 | 26% |
Jan 19, 2026
$800,000
$749,000
+7% Price Increase
Initial Listing
Jan 10, 2026
$749,000
Initial Listing
May 14, 2009
$283,500
Public Record
Dec 8, 2006
$650,000
Public Record