
Los Angeles, California 91335
This property presents a High-Potential Investment Opportunity with a List Price of $789,000—positioned well above the $741,678 Fair Market Value by -6%. Featuring a 1,680 square foot floor plan with a converted garage suite, this Fair Condition Rating asset offers significant value-add potential through renovation and ADU development. The spacious 6,767 square foot lot provides a versatile canvas for investors to maximize rental income. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to capitalize on Reseda’s growing demand for multi-generational housing.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7351 Zelzah Avenue Subject | $698,000* List Price | 2 | 2 | 1,680 | $425 | - |
A 18026 Ingomar Street Sold | $715,000 | 3 | 2 | 1,888 | $379 | 0.5 mi |
B 7232 Zelzah Sold | $775,000 | 3 | 2 | 1,490 | $520 | 0.2 mi |
C 7006 Zelzah Avenue Sold | $770,000 | 3 | 2 | 1,580 | $487 | 0.5 mi |
D 6944 Lindley Sold | $680,000 | 3 | 2 | 1,475 | $461 | 0.6 mi |
E 7732 7732 Garden Grove Sold | $628,000 | 3 | 2 | 1,298 | $484 | 0.6 mi |
F 7943 Newcastle Sold | $770,000 | 4 | 2 | 1,488 | $517 | 0.7 mi |
G 6900 Garden Grove Sold | $770,000 | 4 | 2 | 1,661 | $464 | 0.7 mi |
H 7238 Balcom Avenue Active | $699,900 List Price | 2 | 2 | 1,788 | $391 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955 and described as an opportunity to 'revive,' the property shows significant signs of age and deferred maintenance. Interior photos reveal dated popcorn ceilings and wall-mounted heating/cooling units, while the exterior shows peeling paint on the pergola and cracked concrete. The kitchen and bathrooms appear to be over 30 years old without recent modernization, placing it in the rehab category.
The property features a converted garage functioning as a self-contained suite with its own kitchen, bathroom, and private entrance, offering immediate potential for rental income or multi-generational living.
Situated on a nearly 7,000-square-foot lot, the property provides ample space for a detached ADU in the backyard, complemented by the existing structure's potential for a Junior ADU (JADU) conversion.
At 1,680 square feet, the home offers a significantly larger living area than typical two-bedroom residences in the area, providing a spacious and flexible floor plan for the new owner.
The listing indicates a need to 'revive' the residence, suggesting that the property is a fixer-upper requiring substantial capital investment for repairs and modernization.
The garage conversion's legal status is unverified, requiring the buyer to investigate permit history and zoning compliance to ensure the additional living space is recognized and insurable.
Wonderful opportunity in Reseda to revive charming 2-bedroom, 2-bathroom single-family residence, perfectly situated on a spacious lot just under 7,000 square feet in one of Reseda's most convenient locations. The attached garage was converted into part of the existing home square footage. It now functions as an additional suite, complete with its own kitchen, bathroom, living space, and private entrance - potential to convert to JADU, buyer to verify. ADU potential in backyard.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,680 | 1,664.159 |
| Lot Size | 6,767 | 6,066.556 |
| Price | $698.0K | $1.35M |
| Price per sq ft | $415 | $806 |
| Built year | 1955 | 1939 |
| HOA | $0 | $278 |
| Days on market | 33 | 55 |
Aug 31, 2026
$698,000
$748,000
-7% Price Drop
Initial Listing
Aug 22, 2026
$748,000
$789,000
-5% Price Drop
Initial Listing
Aug 7, 2026
$789,000
Initial Listing