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6933 Etiwanda Avenue, Reseda, California 91335, Reseda, 91335 - 6 bed, 4 bath

6933 Etiwanda Avenue, Reseda, California 91335 home-pic-0
ACTIVE$1,100,000
6933 Etiwanda Avenue, Reseda, California 91335
6Beds
4Baths
1,704Sqft
5,791Lot

Price Vs. Estimate

The estimated value ($905,557.365) is $194,442.635 (17%) lower than the list price ($1,100,000). This property may be overpriced.

Key pros and cons

Top Pros:
Dual-Unit Property: A rare find featuring two separate homes on one lot, offering exceptional potential for dual income or multi-generational living arrangements.
Top Cons:
Property Age: Built in 1952, the property may require updates to older systems, infrastructure, or components, potentially incurring future maintenance costs.

Compared to the nearby listings

Price:$1.10M vs avg $860.0K (+$240,000)79%
Size:1,704 sqft vs avg 1,540 sqft63%
Price/sqft:$646 vs avg $57470%

More Insights

Built in 1952 (73 years old).
Condition: Built in 1952, this property shows a mix of updates and dated features. While the living areas and bedrooms have newer laminate flooring and fresh paint, the kitchen features older tile flooring, dated mosaic backsplash, and an older white range, suggesting it hasn't been fully renovated recently. The bathroom is particularly dated with its multi-colored mosaic floor tiles, textured pink walls, and older light fixtures. The property is functional and maintained, as evidenced by its current rental status, but key areas like the kitchen and bathroom require minor to moderate updates to meet current aesthetic and quality standards.
Year Built
1952
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$646
HOA
-
Days on market
-
Sold On
-
MLS number
SR25049947
Home ConditionFair
Features
Patio
ViewValley

About this home

Unique Investment Opportunity – Two Homes on One Lot in Reseda! Discover the incredible potential of 6933 Etiwanda Ave and 6935 Etiwanda Ave, a rare find in Reseda featuring two separate homes on one lot, both currently rented and generating steady income. This property is perfect for investors or buyers looking for a dual-income opportunity or multi-generational living. The main house is spacious and inviting, rented for $3,500/month, offering comfortable living spaces and modern amenities. The ADU (Accessory Dwelling Unit) is stylish and self-contained, rented for $2,500/month, perfect for additional income or extended family. With a total monthly income of $6,000, this property is an excellent investment with immediate cash flow. Conveniently situated in the heart of Reseda, it’s close to schools, parks, shopping centers, dining options, and major freeways—offering both tenants and owners easy access to everything they need. Whether you’re an investor seeking a high-performing rental property or a buyer looking for a versatile living arrangement, this property checks all the boxes. Don’t miss this fantastic opportunity—schedule a viewing today!

Nearby schools

3/10
Bertrand Avenue Elementary School
Public,•K-5•0.4mi
5/10
Reseda Elementary School
Public,•K-5•0.6mi
5/10
Garden Grove Elementary School
Public,•K-5•0.6mi
6/10
Newcastle Elementary School
Public,•K-5•0.6mi
5/10
Lemay Street Elementary School
Public,•K-5•1.0mi
6/10
Lemay Street Elementary School
Public,•K-5•1.0mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.1mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.1mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.3mi
2/10
Blythe Street Elementary School
Public,•K-5•1.4mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.4mi
5/10
Cantara Street Elementary School
Public,•K-5•1.6mi
6/10
Lorne Street Elementary School
Public,•K-5•1.8mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.9mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.1mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.1mi
3/10
Napa Street Elementary School
Public,•K-5•2.2mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•2.7mi
3/10
William Mulholland Middle School
Public,•6-8•1.5mi
5/10
William Mulholland Middle School
Public,•6-8•1.6mi
3/10
Northridge Middle School
Public,•6-8•2.0mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.1mi
3/10
John A. Sutter Middle School
Public,•6-8•2.3mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.5mi
4/10
Reseda Senior High School
Public,•9-12•0.4mi
7/10
Northridge Academy High
Public,•9-12•3.4mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.7mi
Condition Rating
Fair
Built in 1952, this property shows a mix of updates and dated features. While the living areas and bedrooms have newer laminate flooring and fresh paint, the kitchen features older tile flooring, dated mosaic backsplash, and an older white range, suggesting it hasn't been fully renovated recently. The bathroom is particularly dated with its multi-colored mosaic floor tiles, textured pink walls, and older light fixtures. The property is functional and maintained, as evidenced by its current rental status, but key areas like the kitchen and bathroom require minor to moderate updates to meet current aesthetic and quality standards.
Pros & Cons

Pros

Dual-Unit Property: A rare find featuring two separate homes on one lot, offering exceptional potential for dual income or multi-generational living arrangements.
Strong Rental Income: Currently generating a total monthly income of $6,000 ($3,500 for the main house and $2,500 for the ADU), providing immediate and substantial cash flow.
Dedicated ADU: Includes a stylish and self-contained Accessory Dwelling Unit (ADU), enhancing the property's versatility and income-generating capabilities.
Strategic Location: Conveniently situated in the heart of Reseda, offering easy access to schools, parks, shopping centers, dining options, and major freeways.
High Investment Potential: Marketed as a unique investment opportunity and a high-performing rental property, appealing to investors seeking robust returns.

Cons

Property Age: Built in 1952, the property may require updates to older systems, infrastructure, or components, potentially incurring future maintenance costs.
Average School Ratings: Several nearby public elementary and middle schools have average to below-average ratings, which might be a consideration for families prioritizing top-tier educational institutions.
Potentially Compact Living Spaces: With 6 beds and 4 baths distributed across 1704 sqft, the individual living areas within each unit might be perceived as compact by some buyers.

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