7625 Reseda 202, Reseda, California 91335, Reseda, 91335 - 2 bed, 2 bath
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Reseda, California 91335
Analysis of 7625 Reseda 202, Reseda, California 91335 is currently available with a list price of $349,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1980, the property is over 40 years old and shows a mix of original features and minor surface updates. While it boasts newer carpet and updated countertops, the kitchen cabinetry, appliances, and bathroom tiling remain dated. The unit is functional and move-in ready but requires modernization of the primary systems and wet areas to meet modern standards.
Priced significantly under market value, this 1,353 square foot corner unit offers a generous floor plan and a primary suite with a private balcony, providing excellent price-per-square-foot value for the Reseda area.
The property features an expansive, oversized balcony accessible from the living room, dining area, and both bedrooms, maximizing usable living space and enhancing natural light throughout the home.
The unit is equipped with desirable functional upgrades including in-unit laundry with appliances included, updated countertops, newer carpeting, and a versatile dining area that can serve as a den or office.
The condo is non-warrantable due to a lack of HOA reserves, meaning it is ineligible for traditional conforming financing and requires a cash-only buyer.
The monthly HOA dues are substantial at $903, which may impact the overall affordability and net ROI for investors despite the lower acquisition price.
MAJORLY REDUCED and SIGNIFICANTLY UNDER MARKET VALUE for the area and size. CASH BUYER ONLY. CONDO IS NON-WARRANTABLE and is not eligible for traditional conforming financing due to lack of reserves. Amazing opportunity for the right buyer! Welcome to this spacious corner-unit condo offering 2 bedrooms, 2 bathrooms, and over 1,350 square feet of living space. Situated in a secure, gated Spanish Villa-style complex, this home combines comfort, functionality, and value. Interior features include newer carpet, updated countertops, in-unit laundry with washer and dryer included, and a gas and wood-burning fireplace that adds warmth and character. A standout feature is the oversized balcony with access from the living room, dining area, and both bedrooms, creating great indoor-outdoor flow. The spacious primary suite also features its own private balcony, an en-suite bath with dual sinks, and generous wall-to-wall closet space. The dining area offers flexibility and may also serve as a den, office, or possible third bedroom, depending on your needs. Additional highlights include two tandem parking spaces in the secured garage and extra storage. HOA dues cover water, trash, earthquake insurance, and exterior maintenance. Community amenities include a sparkling pool, spa, and recreation room. Conveniently located near shopping, dining, entertainment, and major freeways, this is a rare opportunity to own in a desirable Reseda community. Some images have been virtually enhanced or staged. See all images at https://booking.phorvi.com/disclosure/959dbd563b10ff8e1d7cf34e222d80bc
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,353 | 1,188.5 | 57% |
| Lot Size | 25,507 | 48,239 | 43% |
| Price | $349.0K | $493.8K | 14% |
| Price per sq ft | $258 | $401 | 7% |
| Built year | 1980 | 1980 | 50% |
| HOA | $903.0 | $498 | 86% |
| Days on market | 6 | 141 | 7% |
Jun 8, 2026
$349,000
Initial Listing