
Reseda, California 91335
This Versatile Income-Producing Property is a High-Potential Investment Opportunity, listed at $1,050,000. While currently priced above the $917,811 Fair Market Value, the property offers significant utility through its Permitted ADU and Separate Unit with Kitchenette, enabling three distinct rental streams. Featuring a Turnkey Condition Rating with modern finishes and a Private Fenced Yard with Patio, this home is optimized for house-hacking or high-yield rental strategies. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through versatile, independent living spaces.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7434 Nestle Subject | $1,050,000* List Price | 4 | 3 | 1,684 | $545 | - |
A 7044 Nestle Avenue Sold | $850,000 | 4 | 3 | 1,880 | $452 | 0.5 mi |
B 6923 Enfield Sold | $855,000 | 4 | 2 | 1,449 | $590 | 0.7 mi |
C 18704 Saticoy Street Sold | $780,000 | 4 | 2 | 1,558 | $501 | 0.6 mi |
D 18725 Covello Sold | $915,000 | 4 | 2 | 2,033 | $450 | 0.6 mi |
E 7318 Zelzah Avenue Active | $849,950 List Price | 4 | 2 | 1,840 | $462 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1948, the property has undergone a comprehensive recent remodel (likely within the last 5 years) featuring modern shaker-style kitchen cabinetry, updated bathrooms with contemporary subway tile and glass enclosures, and new flooring throughout. The inclusion of a fully permitted ADU with modern mini-split HVAC systems and recessed lighting confirms a high-quality, turnkey condition with no immediate maintenance required.
The property features a fully permitted ADU and an additional separate unit with a kitchenette, providing the rare opportunity for three distinct rental income streams or a high-yield investment.
The main residence has been thoughtfully updated with modern finishes, an open floor plan, and a welcoming porch, offering a move-in-ready experience without the need for immediate capital improvements.
The layout is ideal for multigenerational living, home-based businesses, or house-hacking, allowing owners to offset their mortgage significantly through the various independent living spaces.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The local public schools assigned to this address generally have lower to average ratings, which may be a drawback for families prioritizing top-tier educational districts.
With a permitted garage conversion and additional units on a 6,756 sqft lot, the remaining private outdoor space is limited compared to traditional single-family homes in the area.
Remodeled Reseda Home with Permitted ADU + Separate Bed, Bath & Kitchenette Incredible Rental Income Potential! Beautifully updated 3-bedroom, 3-bathroom home in the heart of Reseda, featuring a fully permitted garage conversion ADU with outstanding rental possibilities. Perfect for investors or homeowners looking to offset their mortgage, the ADU is ideal for long-term tenants, short-term rentals (Airbnb/VRBO), multigenerational living, or use as a private office or studio. The main house has been thoughtfully remodeled with modern finishes, an open floor plan, and a welcoming covered front porch. In addition to the main living areas, the home includes a separate bedroom and bathroom with a small kitchenette offering even more flexibility for rental or personal use. This property offers the potential for three distinct rental areas! Enjoy a private, fenced, and gated yard, complete with a covered front porch, backyard patio, and off-street parking. Conveniently located near public transportation, shops, and dining, this turnkey property offers both comfortable living and excellent investment value. Don't miss this rare opportunity to own a versatile, income-producing property in a prime Reseda location! Broker/Agent does not guarantee the accuracy of square footage, lot size, permits, or other information. Buyers are advised to independently verify all information.
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 | 4.0 | 3.0 | 60% |
| Baths | 3.0 | 2.0 | 77% |
| Square foot | 1,684 | 1,511 | 63% |
| Lot Size | 6,756 | 6,584 | 61% |
| Price | $1.05M | $850.0K | 81% |
| Price per sq ft | $624 | $568 | 67% |
| Built year | 1948 | 1952 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 138 | 3% |
May 15, 2026
$1,050,000
Initial Listing
Apr 27, 2017
$400,000
Public Record
Jan 7, 2015
$348,000
Public Record
Feb 4, 2005
$434,000
Public Record