
Los Angeles, California 91335
This Condominium Asset represents a High-Potential Investment Opportunity, listed at $519,000—positioned slightly above the $505,297 Fair Market Value. While the price reflects a premium, the unit offers significant upside through its 1,427 sqft floor plan, rare cathedral ceilings, and mountain views. With a Condition Rating of 4, the property is primed for cosmetic modernization to drive appreciation. Currently tenant-occupied at $3,000/month, it provides immediate cash flow. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, value-add residence in Reseda.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7625 Reseda Boulevard 305 Subject | $519,000* List Price | 2 | 2 | 1,427 | $354 | - |
A 7625 Reseda Boulevard 104 Sold | $514,900 | 3 | 2 | 1,434 | $359 | 0.0 mi |
B 7651 Reseda Boulevard Active | $405,000 List Price | 2 | 2 | 1,058 | $383 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property is over 40 years old and shows a mix of minor updates and original features. While the living areas have newer laminate flooring and recessed lighting, the kitchen and bathrooms are dated with older cabinetry and tile countertops that likely exceed 20 years, fitting the criteria for needing cosmetic modernization.
As a top-floor unit featuring rare cathedral ceilings and a fireplace, this condo offers a sense of volume and character seldom found in standard apartment-style living.
With over 1,400 square feet of living space and a dedicated den that can function as a third bedroom, the property provides exceptional flexibility for growing families or remote workers.
The unit is currently tenant-occupied at $3,000 per month, offering immediate cash flow for investors or a steady income stream for buyers planning a future move-in.
The association fee of $902 per month is significantly higher than average for the area, which may impact buyer affordability and overall return on investment.
Built in 1980, the property may require future capital improvements to common areas and systems compared to newer developments in the Reseda market.
Cozy and spacious 2 bedroom condo in the heart of Reseda, CA. This unit is equally warm and inviting and sits comfortably on the top floor with mountain and city views from the covered rear balcony that can be accessed from the living room AND bedroom. Features include a very large living room with beautiful cathedral ceilings (only one of a few in the complex), a gas + wood fireplace, roomy primary bedroom with en-suite dual vanity bath and wall to wall closet space and storage and a den/office that can be used as a third bedroom. In addition, there are laminate and vinyl floors throughout the unit, washer and dryer inside and central A/C and heating. Unit tenant-occupied (month to month) paying $3k/month.
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,427 | 1,219.385 |
| Lot Size | 25,507 | 27,236.074 |
| Price | $519.0K | $800.2K |
| Price per sq ft | $364 | $650 |
| Built year | 1980 | 1979 |
| HOA | $902.0 | $685 |
| Days on market | 27 | 72 |
Aug 13, 2026
$519,000
Initial Listing
Apr 9, 2018
$390,000
Public Record
Jul 30, 2015
$275,500
Public Record
Oct 8, 2004
$290,000
Public Record
Dec 14, 2000
$132,000
Public Record