7231 Vanalden Avenue, Reseda, California 91335, Reseda, 91335 - 4 bed, 2 bath
7231 Vanalden Avenue
Reseda, California 91335
Property Price
SUMMARY
Analysis of 7231 Vanalden Avenue, Reseda, California 91335 is currently available with a list price of $1,100,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Reseda Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1924, this property is explicitly marketed as a 'Development Opportunity' on a large 14,894 sq. ft. double lot. The listing focuses almost entirely on the land's potential for rebuilding or multi-family development rather than the condition of the 100-year-old structure. Given the age, the 'do not disturb occupants' warning, and the emphasis on nearby billion-dollar redevelopment projects, the value is primarily in the land, and the existing bungalow likely requires demolition to achieve the property's highest and best use.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14894, living area = 1676.
- Significant Development Potential
The expansive 14,894 sq. ft. flat double lot offers a rare opportunity for high-density residential development or the addition of an ADU, perfectly positioned for the area's high demand for multifamily living.
- Prime Strategic Location
Situated minutes from major redevelopment hubs including the Warner Center, the LA Rams' future village, and 2028 Olympic host sites, ensuring exceptional long-term appreciation potential.
CONSRISKS & DEFICIENCIES
- Access and Occupancy Constraints
Strict 'do not disturb' and 'appointment only' requirements, coupled with the 1924 build date, suggest the property may have significant deferred maintenance or complex tenant-related challenges.
- Environmental and Regulatory Hurdles
The presence of two oak trees may impose strict construction limitations, and the buyer assumes all risk in verifying complex zoning and legal requirements for redevelopment.
About 7231 Vanalden Avenue
DO NOT GO ON PROPERTY. *Development Opportunity *Large Flat Double Lot 14,894 in PRIME Reseda. 1924 Craftsman California Bungalow 1,676 sq ft Home 4 Bed 2 Bath Large 2 Car Garage (ADU Potential) Half Circle Driveway - Park up to 8 Vehicles Front yard fenced "ready to gate" for privacy & security. Close to *DT Reseda New Projects and *LA Kings Practice Rink Mixed Use Residential & Commercial Site. $26 M project. *Minutes from Lake Balboa Host to *2028 LA Olympics Redevelopment *Project. LA Rams Practice Stadium. Warner Center Billion Dollar Redevelopment Projects. The Kroenke Organization recently announced plans for a 52-acre development in *Warner Center in Woodland Hills which will be known as *Ram's Village at Warner Center. Cross Streets Tampa & Sherman Way 101 FWY 2 miles - Van Nuys Airport 4.2 Miles 405 FWY 5 Miles. NEW: Trader Joe's 9224 Reseda Blvd Northridge. *DO NOT GO ON PROPERTY. *DO NOT DISTURB OCCUPANTS. 24 HOUR NOTICE TO SHOW. Buyer to verify and satisfy all dimensions, legal zoning, building, and development requirements. ***APPOINTMENT ONLY!!!!! LENDER APPROVED BUYERS ONLY. Per Seller: BUYER or Buyer Agent Must text or email Lender approval before appointment. POF if Buyer is CASH. Whether you choose to renovate, rebuild, or hold for future appreciation, this property offers endless possibilities in a neighborhood where modern multifamily living is in high demand. Two oak trees on the property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 14,894 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Reseda Unified Schools
Shirley Avenue Elementary School
Grades K-5 • 0.5 mi
Reseda Elementary School
Grades K-5 • 0.6 mi
Melvin Avenue Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,676 | 1,507 | 64% |
| Lot Size | 14,894 | 6,495 | 93% |
| Price | $1.10M | $850.0K | 81% |
| Price per sq ft | $656 | $565 | 73% |
| Built year | 1924 | 1951 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 105 | 182 | 15% |
Pricing History
Listed for Sale
Nov 21, 2025
$1,100,000
Initial Listing
Sold
Oct 16, 2002
$342,000
Public Record