
Reseda, California 91335
This property presents a High-Potential Investment Opportunity with a List Price of $679,950—positioned well below the $696,576 Fair Market Value by 2%. This valuation gap offers $16,626 in Instant Equity for buyers prepared to manage a total renovation. With a Condition Rating of 5, the home requires significant capital expenditure for systems and finishes. However, the 7,684 sqft lot offers exceptional ADU/SB9 development potential. This is a strategic acquisition ideal for Fix-and-Flip Investors or first-time buyers seeking to build long-term equity through value-add improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7704 Calvin Subject | $679,950* List Price | 3 | 2 | 1,115 | $625 | - |
A 19612 Schoolcraft Sold | $720,000 | 3 | 1 | 1,085 | $664 | 1.0 mi |
B 18955 Covello Street Sold | $697,000 | 3 | 2 | 1,373 | $508 | 0.5 mi |
C 7535 Vanalden Sold | $750,000 | 2 | 1 | 1,050 | $714 | 0.4 mi |
D 6900 Aura Avenue Sold | $745,000 | 3 | 1 | 1,024 | $728 | 1.0 mi |
E 19552 Arminta Street Pending | $725,000 List Price | 3 | 1 | 1,115 | $650 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 (72 years old) with no evidence of renovations, this property is sold strictly as-is. Interior images show a stripped-down state with missing flooring and significant distress, indicating that the kitchen, bathrooms, and major systems (HVAC/Electric) require a total rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7684, living area = 1115.
The generous 7,684 sqft lot provides exceptional opportunities for expansion, including ADU, JADU, or SB9 development, making it a prime target for investors or multi-generational families.
Ideally situated within walking distance to Hamlin Elementary School, Albertsons, and local shopping, offering high convenience for daily errands and school commutes.
The seller will not provide repairs, concessions, or credits, meaning the buyer must be prepared to absorb all costs for potential deferred maintenance or structural upgrades.
With only 1,115 square feet of living space for a three-bedroom configuration, the interior layout may feel restrictive for larger families or those accustomed to modern open-concept designs.
Tremendous potential for this charming mid-century home in a great Reseda pocket. Featuring 3 bedrooms, 2 bathrooms, and an enclosed carport, this property is conveniently located within walking distance to shopping, Albertsons, and Hamlin Elementary School. An incredible opportunity for a first-time buyer, investor, or multi-generational living setup. The spacious lot offers outstanding possibilities to expand with an ADU, JADU, or even explore SB9 potential for multiple structures and strong rental income opportunities. Property is being sold strictly as-is. Seller will make no repairs, concessions, or credits.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,115 | 1,499 | 17% |
| Lot Size | 7,684 | 6,584 | 82% |
| Price | $680.0K | $848.0K | 11% |
| Price per sq ft | $610 | $568 | 62% |
| Built year | 1952 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 138 | 1% |
May 22, 2026
$679,950
Initial Listing