
Los Angeles, California 91335
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,175,000—positioned above the $1,083,159 Fair Market Value by 8%. While priced at a premium, the property features a massive 15,984 sq. ft. lot with RV Access and a Versatile Floor Plan including a private-entry family room. With a Condition Rating of 4, the home is move-in ready but offers significant upside for cosmetic modernization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, customizable asset in Reseda Ranch.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7650 N Wilbur Avenue Subject | $1,129,000* List Price | 3 | 2 | 1,476 | $669 | - |
A 7521 Wilbur Sold | $890,000 | 4 | 2 | 1,428 | $623 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1958 build that, while well-maintained and described as move-in ready, features very dated interior finishes. The kitchen (green tile) and bathroom (pink tile) appear to be original or over 30 years old, which exceeds the 20-year threshold for 'Fair.' While it benefits from hardwood floors and central HVAC, the age of the primary systems and aesthetics, combined with visible cracking in the driveway, necessitate updates and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15984, living area = 1476.
The property features a rare 15,979 sq. ft. lot in the desirable Reseda Ranch neighborhood, providing a massive secondary rear yard and dedicated RV access for significant outdoor utility and expansion potential.
This well-maintained single-story ranch offers a turnkey experience with classic hardwood flooring, central air conditioning, and consistent upkeep, ensuring immediate comfort for the new owners.
Many of the closest assigned public schools, such as Blythe Street Elementary and Northridge Middle School, have lower performance ratings, which may be a drawback for families prioritizing top-tier education.
At a list price of $1,175,000 for 1,476 sq. ft. of living space, the property carries a high price-per-square-foot, reflecting a significant premium for the lot size that may not appeal to all buyers.
Welcome to this charming single-story ranch home in the highly sought-after Reseda Ranch neighborhood. This 3-bedroom, 2-bathroom residence offers 1,476 sq. ft. of comfortable living space on an expansive 15,979 sq. ft. lot. Inside, a bright and inviting living room flows into a spacious family room with a private entrance, ideal as a den, home office, or potential fourth bedroom. Also, an extra space for laundry in the laundry room. Hardwood flooring and consistent upkeep make this home truly move-in ready. Step outside to a backyard built for true California living: a generous patio perfect for entertaining and al fresco dining, plus an expansive secondary rear yard offering even more room to relax or expand. A 2-car garage, RV access, and a wide driveway provide ample parking, while central air conditioning and lush landscaped front and rear gardens complete the package. Ideally located near top schools, shopping, and the neighborhood, this beautifully maintained home on an oversized lot is a rare find in one of Reseda Ranch's most desirable pockets.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,476 | 1,664.159 |
| Lot Size | 15,984 | 6,066.556 |
| Price | $1.13M | $1.35M |
| Price per sq ft | $765 | $806 |
| Built year | 1958 | 1939 |
| HOA | $0 | $278 |
| Days on market | 36 | 55 |
Sep 1, 2026
$1,129,000
$1,175,000
-4% Price Drop
Initial Listing
Aug 4, 2026
$1,175,000
Initial Listing
Mar 11, 2016
$475,000
Public Record