
Reseda, California 91335
This property presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned well below the $710,413 Fair Market Value by -5%. Featuring a Condition Rating of 5, this 1951-built Single Family Residence requires significant rehabilitation, offering a strategic ADU Conversion Opportunity via the detached garage. Located in the Los Angeles Unified district near Shirley Avenue Elementary, this asset is ideal for Fix-and-Flip Investors or Contractors seeking to maximize value through a comprehensive renovation of this 1,024 sqft footprint.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6852 Aura Avenue Subject | $750,000* List Price | 3 | 1 | 1,024 | $694 | - |
A 6900 Aura Avenue Sold | $745,000 | 3 | 1 | 1,024 | $728 | 0.0 mi |
B 19449 Enadia Way Sold | $699,000 | 3 | 1 | 995 | $703 | 0.4 mi |
C 19612 Schoolcraft Sold | $720,000 | 3 | 1 | 1,085 | $664 | 0.4 mi |
D 7002 Aura Avenue Active Under Contract | $775,000 List Price | 3 | 1 | 995 | $779 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 and explicitly marketed as a 'fixer' for investors, this 70+ year old property requires significant rehabilitation. While some interior flooring appears updated, the overall description, dated exterior, and unfinished garage indicate that major systems, kitchen, and baths likely need full renovation to meet modern standards.
Marketed as a prime fixer-upper, this property offers significant value-add potential for investors or buyers looking to build equity through a full renovation in the heart of Reseda.
The detached garage provides a strategic opportunity for an Accessory Dwelling Unit (ADU) conversion, which could maximize the property's rental income and overall market value.
The home is ideally located just 0.2 miles from Shirley Avenue Elementary School, offering exceptional convenience for families with young children.
The property is in 'fixer' condition, necessitating a substantial budget for repairs and modernization before it can be considered move-in ready.
With three bedrooms but only one bathroom, the current configuration may be a drawback for larger families and could limit the home's competitive appeal compared to updated local listings.
Calling all investors! Great opportunity in the heart of Reseda. This fixer offers tremendous potential to renovate, add value, and create future income opportunities. Featuring a detached garage and plenty of upside, this property is perfect for investors, or buyers looking to customize a home to their vision. Don’t miss this exceptional value-add opportunity!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 1,024 | 1,475 | 10% |
| Lot Size | 6,052 | 6,614 | 24% |
| Price | $750.0K | $835.0K | 26% |
| Price per sq ft | $732 | $590 | 91% |
| Built year | 1951 | 1952 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 132 | 2% |
Jun 4, 2026
$750,000
Initial Listing
Aug 29, 2012
$265,000
Public Record