7641 Reseda Boulevard 87, Reseda, California 91335, Reseda, 91335 - 2 bed, 2 bath
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Reseda, California 91335
This First-Floor End Unit Condominium serves as a strategic Value-Add Asset listed at $375,000, reflecting a stable entry point near its $369,579 Fair Market Value. Marketed specifically for its renovation potential, the property carries a Condition Rating of 4, offering a clear path to forced appreciation through cosmetic updates. The unit features a private patio with a view of the park-like grounds, two assigned parking spaces, and access to a sparkling pool and tennis courts. This project-ready home is an optimal acquisition for Fix-and-Flip Investors or first-time buyers seeking to build equity in Reseda.
Property is moderate renovation needed.
Built in 1973, this property is explicitly marketed as a project for those looking to apply a 'creative touch,' indicating that the interior is dated and requires cosmetic updates. While the unit features central AC and is located in a well-maintained gated community, the kitchen and bathrooms likely retain older fixtures and finishes consistent with a 50-year-old building that has not undergone a recent comprehensive renovation.
Located in a gated community, the property offers extensive amenities including a sparkling pool, tennis and basketball courts, a playground, and a clubhouse, providing high lifestyle value.
This first-floor end unit is situated in the quiet middle section of the complex, offering better privacy, easier access, and more natural light than interior units.
The sale includes two assigned underground parking spaces, and the monthly HOA fee covers water, reducing out-of-pocket expenses for the homeowner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 855, other record living area = 779.
The property is marketed as a project for those looking to apply a 'creative touch,' indicating that significant cosmetic or functional updates are likely required.
The absence of in-unit laundry hookups requires residents to use the common community facility, which may be a drawback for buyers seeking maximum convenience.
PRICE IMPROVEMENT! Welcome to this FIRST-FLOOR END UNIT in the gated community of Park Reseda Condominiums. Perfect for first-time homebuyers or investors who are looking to put their creative touch and skills at work. This property offers 2 spacious bedrooms, 1.5 bathrooms, central AC and big private patio. Master bedroom with walk-in closet. Good-sized patio off the dining area has a storage shed. Condo is located in the quiet middle part of the complex close to the park-like grounds. Water is included in the HOA. Secured underground parking with 2 ASSIGNED PARKING SPACES. This gated community offers amenities like sparkling pool, tennis and basketball courts, kids playground, clubhouse and laundry facility. Conveniently located near schools, CSUN, transportation, shopping, restaurants and freeways. Call me for a private showing.
No exterior & parking available.
Grades K-5 • 0.4 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 855 | 1,051.5 | 14% |
| Lot Size | 183,165 | 62,185 | 79% |
| Price | $375.0K | $493.8K | 14% |
| Price per sq ft | $439 | $450 | 43% |
| Built year | 1973 | 1978 | 21% |
| HOA | $458.0 | $476 | 43% |
| Days on market | 166 | 183 | 43% |
Mar 19, 2026
$375,000
$390,000
-4% Price Drop
Initial Listing
Nov 7, 2025
$390,000
Initial Listing
Apr 13, 2021
$321,000
Public Record
Dec 23, 2020
$316,500
Public Record
Jun 21, 2016
$225,000
Public Record
Feb 29, 2016
$210,000
Public Record
Jun 29, 2009
$110,000
Public Record
Feb 2, 2006
$267,000
Public Record
Sep 14, 2004
$229,000
Public Record