7115 Etiwanda Avenue 18, Reseda, California 91335, Reseda, 91335 - 3 bed, 3 bath
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7115 Etiwanda Avenue 18
Reseda, California 91335
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,297Sq Ft
24,286Lot Size
Property Price
LIST PRICE$494,999
EST. MARKET VALUE
$511,226
3% BelowMARKET VALUE
SUMMARY
This townhouse presents a High-Potential Investment Opportunity with a List Price of $494,999—positioned well below the $511,226 Fair Market Value by 3%. This valuation gap offers $16,227 in Instant Equity for buyers. Featuring a 3-bedroom, 3-bathroom layout with a 2-car direct-access garage and a private deck, the property requires a full rehab given its Condition Rating of 5. This asset is ideal for Fix-and-Flip Investors or Contractors seeking to capture value through strategic modernization in a well-established Reseda location.
Estimated Market Value
$511,226+$16,227 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Reseda.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7115 Etiwanda Avenue 18 Subject | $494,999* List Price | 3 | 3 | 1,297 | $394 | - |
A 7625 Reseda Boulevard 104 Sold | $514,900 | 3 | 2 | 1,434 | $359 | 0.7 mi |
B 6545 Reseda Boulevard 8 Sold | $405,000 | 2 | 2 | 967 | $419 | 0.7 mi |
C 7641 Reseda Boulevard 87 Sold | $374,000 | 2 | 2 | 855 | $437 | 0.7 mi |
D 7651 Reseda 12 Active | $448,950 List Price | 3 | 2 | 1,146 | $392 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1981 (43+ years old) with no recorded renovations. The listing description explicitly labels it an 'investor's dream' requiring 'creativity' and 'personal touch to update,' which signals a need for a full rehab. At over 30 years old without updates, it meets the criteria for poor condition.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious & Functional Layout
Featuring 3 bedrooms and 3 bathrooms across nearly 1,300 square feet, this townhouse offers a highly desirable and versatile floor plan that is ideal for families or shared living.
- Private Direct-Access Parking
The property includes a 2-car garage with direct access to the home, providing enhanced security, convenience, and integrated laundry hookups.
- Significant Equity Potential
Marketed as an investor's dream, the property is priced to allow for substantial value-add through cosmetic updates and modernization, offering a great opportunity for sweat equity.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =24286, other record lot size in square feet = 24228.
- Required Renovation
The home is in need of significant updates and a personal touch, which will require immediate additional capital investment and time from the buyer.
- Lack of Scenic Views
The property is noted as having no view, which may be a drawback for buyers seeking an aesthetic outlook or a sense of openness within the residential complex.
About 7115 Etiwanda Avenue 18
Investor's dream or a fantastic opportunity for a buyer with vision! Bring your creativity and personal touch to update this charming Reseda townhouse and make it your own. This spacious home features 3 bedrooms and 3 bathrooms. The lower level includes a 2-car direct-access garage with washer and dryer hookups, offering both convenience and functionality.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 24,286 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $395.0 / Month
Neighborhood Insights
Reseda Unified Schools
Garden Grove Elementary School
Grades K-5 • 0.4 mi
5/10
Reseda Elementary School
Grades K-5 • 0.4 mi
5/10
Bertrand Avenue Elementary School
Grades K-5 • 0.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.3 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,297 | 1,228.5 |
| Lot Size | 24,286 | 50,708 |
| Price | $495.0K | $447.8K |
| Price per sq ft | $382 | $413 |
| Built year | 1981 | 1985 |
| HOA | $395.0 | $494 |
| Days on market | 84 | 74 |
Pricing History
Listed for Sale
Jun 17, 2026
$494,999
Initial Listing
Sold
Oct 21, 2009
$200,000
Public Record
Sold
Oct 17, 2006
$368,000
Public Record
Sold
Dec 23, 2003
$228,000
Public Record