
Reseda, California 91335
This Multi-Unit Residential Asset represents a High-Potential Investment Opportunity, listed at $1,100,000—positioned slightly above the $1,078,618 Fair Market Value. Despite the premium, the property features a Condition Rating of 2, reflecting a comprehensive recent remodel and a permitted 600 sq. ft. ADU with separate utility metering. This turnkey setup provides immediate rental income potential or flexible multi-generational living. With its 4-bedroom main residence and private outdoor patio, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7528 Newcastle Avenue Subject | $1,050,000* List Price | 5 | 4 | 2,355 | $450 | - |
A 18725 Covello Sold | $915,000 | 4 | 2 | 2,033 | $450 | 0.9 mi |
B 7848 Chastain Avenue Sold | $855,000 | 4 | 2 | 1,525 | $561 | 0.4 mi |
C 7740 Lindley Avenue Sold | $860,000 | 4 | 3 | 1,939 | $444 | 0.3 mi |
D 7322 Lindley Avenue Sold | $800,000 | 4 | 3 | 1,630 | $491 | 0.3 mi |
E 7044 Nestle Avenue Sold | $850,000 | 4 | 3 | 1,880 | $452 | 0.7 mi |
F 8012 Hesperia Active | $1,150,000 List Price | 7 | 4 | 2,326 | $494 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property has undergone a comprehensive recent remodel. The interior features modern contemporary finishes in the bathrooms and kitchen, including rain shower heads and updated vanities. The addition of a permitted ADU and separate utility meters indicates significant recent investment in both aesthetics and core systems, making it move-in ready with no immediate maintenance required.
The property features a permitted 600 sq. ft. attached ADU with separate gas and electric meters, offering immediate rental income or multi-generational living options.
A remodeled main residence includes a primary suite with a private entrance, providing versatility for a home office, guest suite, or an additional rental opportunity.
The home boasts significant upgrades, including a remodeled main house and an ADU with vaulted ceilings, skylights, and individual laundry facilities for both units.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
While gas and electric are metered separately, the water and sewer services are shared between the units, which may complicate utility management for investors.
Several assigned and nearby schools carry lower performance ratings, which could be a consideration for families prioritizing top-tier educational districts.
Motivated Seller! Incredible investment opportunity with immediate income potential. This well-maintained Reseda property offers a rare combination of versatility, functionality, and value with a permitted attached ADU, making it ideal for investors, owner-occupants looking to offset their mortgage, or multi-generational living.The property features a beautifully remodeled 4-bedroom, 3-bathroom main residence plus an approximately 600 sq. ft. attached 1-bedroom, 1-bathroom ADU, creating multiple options for rental income or flexible living arrangements. An added bonus, the primary suite has its own private entrance, offering the potential for a home office, guest suite, or an additional rental opportunity.The main home offers a spacious living room with a decorative fireplace, a versatile den, and a primary suite with direct access to the backyard through a private sliding door.The attached ADU feels bright and spacious with vaulted ceilings, three skylights, a large kitchen island, and its own dedicated laundry. Modern convenience continues throughout the property with standing showers in three bathrooms, separate gas and electric meters for each unit (water and sewer are shared), and individual laundry for both residences.Outside, enjoy a covered patio, grassy yard, and a mature avocado tree, creating a private outdoor retreat. Whether you're looking to generate rental income, accommodate extended family, or maximize your investment, this move-in-ready property delivers exceptional flexibility and long-term value.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,355 | 1,454.579 |
| Lot Size | 6,211 | 6,711.877 |
| Price | $1.05M | $825.4K |
| Price per sq ft | $446 | $560 |
| Built year | 1955 | 1952 |
| HOA | $0 | $0 |
| Days on market | 34 | 54 |
Aug 29, 2026
$1,050,000
$1,100,000
-5% Price Drop
Initial Listing
Aug 6, 2026
$1,100,000
Initial Listing
Apr 24, 2019
$535,000
Public Record