7322 Lindley Avenue, Reseda, California 91335, Reseda, 91335 - 4 bed, 3 bath
7322 Lindley Avenue
Reseda, California 91335
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7322 Lindley Avenue Subject | $1,029,500* List Price | 4 | 3 | 1,652 | $562 | - |
A 6901 Bertrand Avenue Sold | $870,000 | 3 | 3 | 1,596 | $545 | 0.6 mi |
B 7512 Jamieson Ave Sold | $1,050,000 | 6 | 4 | 1,979 | $531 | 0.4 mi |
C 7316 Lindley Avenue Sold | $760,000 | 3 | 2 | 1,453 | $523 | 0.0 mi |
D 17937 Keswick Street Sold | $759,000 | 3 | 2 | 1,458 | $521 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1949, this property has undergone significant and recent renovations, making it move-in ready. Both the main residence and the ADU feature modernized interiors with wood-look tile or wood-style flooring throughout. The kitchens in both units are updated with stainless steel appliances and contemporary cabinetry (dark wood with granite in the main house, white shaker with light countertops in the ADU). The bathrooms are also updated, with the ADU's bathroom featuring a modern vanity and large format grey tile shower. While some elements, like the main house's bathroom vanity, might not be ultra-modern, the overall condition is well-maintained with minimal wear and tear, and no immediate renovations are required.
PROSSTRENGTHS & OPPORTUNITIES
- Dual Income Potential
Features two fully independent homes on one lot, with the ADU currently rented at market rate, providing immediate cash flow and mortgage offset opportunities.
- Expansion & Development Potential
The expansive backyard offers significant future value and the possibility to add additional units, subject to buyer investigation.
- Independent Utility Metering (Partial)
Separate electrical meters for each unit and a sub water meter for the ADU streamline utility management and tenant billing.
CONSRISKS & DEFICIENCIES
- Shared Gas Meter
Both units share the same gas meter, which could lead to billing complexities or potential disputes between occupants.
- Older Property Age
Built in 1949, the property may have older infrastructure and systems that could require future maintenance or upgrades.
- Uncertainty of Expansion Potential
While expansion is possible, it requires extensive buyer investigation and is not a guaranteed or pre-approved development, adding risk and cost.
About 7322 Lindley Avenue
Income-Producing Property with Expansion Potential!This rare opportunity features two fully independent homes on one lot--ideal for investors or owner-occupants looking to generate passive income or offset their mortgage. Main Residence Highlights:2 bedrooms, 1 bathroomWood-look tile flooring for a modern touchBright interior with sliding doors leading to the backyardLaundry area off the kitchen with side yard accessOne parking space available ADU (Accessory Dwelling Unit) Features:2 bedrooms, 2 bathroomsConverted garage serves as a spacious primary suite with en-suite bathWood-style flooring throughoutPrivate entrance and fenced separation from the main homeFull-size laundry appliances located in hallway between bedroomsSmart layout with bedrooms separated by central living and kitchen areasCurrently rented at market rate for immediate cash flowOne parking space available Outdoor & Utility Details:Expansive backyard with potential to add additional units (buyer to conduct their own investigation in regard)Separate electrical meters for each unitSub water meter installed for the ADUNo separate gas meter. Both units share same meter📸 Floor plan available in the photo gallery for your convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Reseda Unified Schools
Garden Grove Elementary School
Grades K-5 • 0.1 mi
Bertrand Avenue Elementary School
Grades K-5 • 0.4 mi
Reseda Elementary School
Grades K-5 • 0.7 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 | 3.0 | 2.0 | 70% |
| Square foot | 1,652 | 1,507 | 62% |
| Lot Size | 6,500 | 6,495 | 50% |
| Price | $1.03M | $850.0K | 77% |
| Price per sq ft | $623 | $565 | 66% |
| Built year | 1949 | 1951 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 182 | 7% |
Pricing History
Listed for Sale
Feb 6, 2026
$1,029,500
$1,095,000
-6% Price Drop
Initial Listing
Price Change
Jan 5, 2026
$1,095,000
Initial Listing
Sold
Mar 9, 2021
$705,000
Public Record
Sold
Dec 13, 2018
$620,000
Public Record
Sold
Mar 12, 2012
$205,000
Public Record
Sold
Nov 12, 2002
$270,000
Public Record