7402 Nestle, Reseda, California 91335, Reseda, 91335 - 1 bed, 1 bath
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Reseda, California 91335
Analysis of 7402 Nestle, Reseda, California 91335 is currently available with a list price of $999,900. 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.
Property is land value only, full reconstruction required.
Built in 1946 with no evidence of major renovations in the last 50 years, this property is marketed explicitly for its land value and development potential. The existing 730 sqft structure and detached garage show significant physical depreciation, including a sagging roofline on the outbuilding and an obsolete kitchen. The listing description focuses on SB9 and the potential to build up to four homes, confirming the current improvement has minimal value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10109, living area = 730.
The expansive 10,109 sqft lot offers a rare opportunity for investors and builders to utilize SB9 provisions to potentially construct up to four homes on a single site.
Positioned on a large corner lot, the property provides superior accessibility, increased privacy, and greater architectural flexibility for future multi-unit development.
The existing 730 sqft, 1-bedroom structure built in 1946 offers very limited utility for modern homeowners, essentially pricing the property as a land-value-only acquisition.
With over 120 days on the market, the property may face challenges regarding its current list price relative to the feasibility and costs of the proposed development projects.
Large 1 BR, 1 BA house on an extra-large corner lot. Great for investors and builders who would like to use SB9 and possibly build up to 4 homes on this extra-large corner lot.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 1% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 730 | 1,526 | 1% |
| Lot Size | 10,109 | 6,614 | 88% |
| Price | $999.9K | $850.0K | 77% |
| Price per sq ft | $1.4K | $563 | 99% |
| Built year | 1946 | 1952 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 127 | 176 | 33% |
Dec 16, 2025
$999,900
Initial Listing
May 21, 1992
$130,000
Public Record