
Reseda, California 91335
This property presents a High-Potential Investment Opportunity with a List Price of $745,000—positioned well above the $721,768 Fair Market Value by 3%. While the property requires significant capital for a Condition Rating of 5, the 7,944 square foot lot and Permitted Detached Studio Guest Unit provide immediate value-add potential. The alley access and garage offer ideal conditions for an ADU conversion. This asset is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to maximize rental income through renovation and expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7408 Baird Avenue Subject | $689,000* List Price | 2 | 1 | 1,097 | $642 | - |
A 7535 Vanalden Sold | $750,000 | 2 | 1 | 1,050 | $714 | 0.7 mi |
B 7455 Garden Grove Sold | $690,000 | 3 | 2 | 1,144 | $603 | 0.4 mi |
C 6700 Capps Sold | $828,000 | 3 | 2 | 1,182 | $701 | 0.9 mi |
D 7725 Nestle Avenue Sold | $651,000 | 2 | 1 | 812 | $802 | 0.5 mi |
E 18955 Covello Street Sold | $697,000 | 3 | 2 | 1,373 | $508 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 (74 years old) and explicitly marketed as a 'Diamond-In-The-Rough' and a candidate for a 'make-over,' this property requires significant rehab. While it features energy-efficient windows, there is no evidence of recent updates to the kitchen, bathrooms, or major systems, placing it in the poor category due to age and the need for a total interior overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7944, living area = 1097.
The property features a permitted detached studio guest unit and a two-car garage ideal for ADU conversion, offering significant rental income or multi-generational living opportunities.
Sitting on a generous 7,944 square foot lot with a rear alley entrance, the property provides excellent accessibility and privacy for the detached structures.
Marketed as a 'Diamond-In-The-Rough,' the property likely requires a substantial capital investment for modernization and repairs to reach its full market potential.
With only two bedrooms and one bathroom in the primary 1,097 square foot residence, the layout may be restrictive for larger families or those seeking more interior volume.
Attention all astute investors and buyers. This "Diamond-In-The-Rough" with a detached guest unit *Located in the heart of Reseda is a perfect candidate for a value increasing make-over or expansion. Here are a few of the main house's features: *1,097 square feet of living space with energy efficient dual pane windows *Spacious living room *2 bedrooms *1 bathroom *Laundry room *Floor-To-Ceiling stone fireplace *2 car detached garage; Perfect for an ADU conversion *PERMITTED DETACHED STUDIO GUEST UNIT with kitchenette, bathroom and dual pane windows *Entrance from the alley *All of this sits on a large 7,944 square foot lot. Centrally located. *Close to shops, restaurants and public transportation.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,097 | 1,439 |
| Lot Size | 7,944 | 6,721 |
| Price | $689.0K | $824.1K |
| Price per sq ft | $628 | $566 |
| Built year | 1950 | 1952 |
| HOA | $0 | $0 |
| Days on market | 41 | 58 |
Jun 18, 2026
$689,000
$745,000
-8% Price Drop
Initial Listing
Jun 11, 2026
$745,000
Initial Listing