
Reseda, California 91335
This Value-Add Condominium Asset is listed at $458,950, currently exceeding the $365,808 Fair Market Value. Assessed with a Poor Condition Rating, the 1973-built interior requires a full rehabilitation to modernize the kitchen and bathrooms. The gated community features premium amenities including a pool, spa, and tennis courts, plus two side-by-side parking spots. While tenant-occupied, the 3-bedroom layout and proximity to Blythe Street Elementary and Northridge Academy High offer long-term potential. This project is a strategic fit for Buy-and-Hold Investors or Contractors focused on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7651 Reseda 12 Subject | $448,950* List Price | 3 | 2 | 1,146 | $331 | - |
A 7625 Reseda Boulevard 104 Active | $514,900 List Price | 3 | 2 | 1,434 | $359 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1973, making it 51 years old. Crucially, there are no interior images provided, especially of the kitchen and bathrooms. As a professional agent, the absence of these key photos for a property of this age strongly suggests that these areas are significantly outdated and likely require substantial repairs and rehabilitation to meet current quality standards. While the description mentions 'recessed lights' and an 'open floor plan,' these are minor updates and do not indicate an extensive renovation within the last 15-30 years that would qualify it for a 'Fair' or 'Good' rating. The exterior appears maintained but dated, consistent with its age. Therefore, the property's condition is assessed as 'Poor' due to the probable need for major updates in critical interior spaces.
The complex offers a rich array of amenities including two tennis courts, a rec room, pool, spa, playground, basketball courts, and a clubhouse, enhancing lifestyle and value.
Benefit from the added security and privacy of a gated complex with active security patrols.
Includes two side-by-side covered parking spots, a significant convenience and value-add in a condominium setting.
Currently tenant-occupied, which may present challenges for immediate owner-occupancy, including showing logistics and potential lease considerations.
A substantial monthly association fee of $456 adds to the overall cost of ownership and should be factored into budget considerations.
Built in 1973, the property is over 50 years old, which may imply older systems or the need for future updates and maintenance.
Gated complex, 3 bedroom and 2 full bathroom. Light and bright open floor plan recessed lights with open patio. all bedrooms on the second floor with Full bathroom downstairs .. Enjoy this park-like community which features 2 Tennis courts , Rec room, pool, spa ,playground , Two gated covered side by side parking spots, optional storage ,security patrols, basketball courts and club house. Tenant occupied.
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 | 3.0 | 2.0 | 57% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,146 | 1,126.5 | 50% |
| Lot Size | 183,165 | 62,185 | 79% |
| Price | $448.9K | $493.8K | 29% |
| Price per sq ft | $392 | $450 | 29% |
| Built year | 1973 | 1978 | 21% |
| HOA | $456.0 | $476 | 43% |
| Days on market | 168 | 183 | 43% |
Apr 19, 2026
$448,950
$458,950
-2% Price Drop
Initial Listing
Mar 6, 2026
$458,950
$464,000
-1% Price Drop
Initial Listing
Jan 14, 2026
$464,000
$469,000
-1% Price Drop
Initial Listing
Nov 19, 2025
$469,000
$475,000
-1% Price Drop
Initial Listing
Nov 5, 2025
$475,000
Initial Listing
Mar 27, 2002
$137,500
Public Record
Mar 6, 1997
$71,500
Public Record
Jan 15, 1997
$36,000
Public Record