
Reseda, California 91335
Analysis of 7350 N Bonnie Place, Reseda, California 91335 is currently available with a list price of $649,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While the property was built in 1989 (35 years old), it qualifies as 'Good' due to significant updates. The kitchen features modern white shaker cabinetry and stainless steel appliances consistent with a 5-15 year renovation window. Additionally, one bathroom is currently being renovated, and the overall interior is well-maintained and move-in ready, avoiding the safety or structural defects associated with the 'Poor' category.
The seller offers a prepaid leaseback through December 2028, providing the buyer with immediate lump-sum cash flow and zero vacancy risk for over two years.
Located in a private enclave of only 30+ homes, the property offers enhanced security, quiet surroundings, and low exterior maintenance in a high-demand Reseda location.
Priced significantly under market value, this property presents a rare opportunity for investors to secure immediate equity in a well-maintained attached single-family home.
The mandatory leaseback agreement prevents owner-occupants from moving in until 2029, strictly limiting the buyer pool to long-term investors.
With one bathroom currently under renovation and represented by AI-generated images, buyers must verify the quality of finishes and the timeline for completion.
Rare investment opportunity in a beautiful, exclusive gated community of only 30+ homes in a highly desirable Reseda location. This well-maintained attached single-family home features an open floor plan, a nice-sized private backyard, and an attached two-car garage all within a quiet, prestige community known for its pride of ownership and low exterior maintenance. Priced well under market value to attract serious investors. The property sits in a convenient West San Fernando Valley location close to shopping, dining, major freeways, and highly regarded schools.Important for investors: Seller is requesting a leaseback through December 31, 2028. Seller will prepay the full rent for the entire period in a lump sum at close of escrow, delivering immediate guaranteed income with zero vacancy risk for over two years. Lease terms and prepaid amount to be negotiated and documented in the purchase agreement. This is a turnkey asset in a small, well-kept gated community with strong long-term rental demand. Ideal for an investor seeking below-market entry pricing combined with prepaid cash flow and a tenant already in place through the end of 2028. Buyer to verify HOA rules, rental restrictions, and all leaseback terms. Most photos have been digitally decluttered using AI to remove personal items and clutter only. No changes were made to the floor plan, finishes, colors, or permanent features. One bathroom is currently under renovation; the fixtures (sink, toilet, etc.) shown in that bathroom's photos were AI-generated because real photos of the completed bathroom were not available at the time of listing.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,611 | 1,454.579 |
| Lot Size | 2,631 | 6,711.877 |
| Price | $649.0K | $825.4K |
| Price per sq ft | $403 | $560 |
| Built year | 1989 | 1952 |
| HOA | $300.0 | $0 |
| Days on market | 16 | 54 |
Aug 24, 2026
$649,000
Initial Listing