
Reseda, California 91335
This property presents a Strong Value Opportunity with a List Price of $779,999—positioned well above the $726,906 Fair Market Value by 7%. While the home requires a full renovation due to its Poor Condition Rating, the 1,501 sqft single-story layout and oversized covered patio offer significant value-add potential. The availability of Owner Financing and a Lease Option to Purchase provides a rare, flexible entry point for Buy-and-Hold Investors or Owner-Occupants capable of executing a comprehensive modernization project to unlock the home's full potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7907 Etiwanda Subject | $779,999* List Price | 3 | 2 | 1,501 | $484 | - |
A 7732 7732 Garden Grove Sold | $628,000 | 3 | 2 | 1,298 | $484 | 0.3 mi |
B 18955 Covello Street Sold | $697,000 | 3 | 2 | 1,373 | $508 | 1.0 mi |
C 7232 Zelzah Sold | $775,000 | 3 | 2 | 1,490 | $520 | 1.0 mi |
D 18715 Valerio Sold | $850,000 | 3 | 2 | 1,743 | $488 | 0.8 mi |
E 17937 Keswick Street Sold | $759,000 | 3 | 2 | 1,458 | $521 | 0.5 mi |
F 7455 Garden Grove Sold | $690,000 | 3 | 2 | 1,144 | $603 | 0.6 mi |
G 7943 Newcastle Active Under Contract | $749,950 List Price | 4 | 2 | 1,488 | $504 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 and appearing largely original, this 51-year-old home falls into the poor category as it requires a full rehab. The kitchen features dated floral laminate countertops and original cabinetry, and the description confirms it is the first time on the market in years, indicating that major systems and interiors have exceeded their typical life expectancy.
The availability of owner financing and a lease-to-purchase option provides a rare and flexible opportunity for buyers who may not qualify for traditional lending, making it highly accessible.
As a long-held, well-maintained property with 'great bones' and a functional single-story layout, it offers an ideal opportunity for investors or homeowners to build equity through modern updates.
The property features an oversized covered patio and a private backyard with mature fruit trees, providing excellent immediate space for outdoor entertaining and potential for future expansion.
The home likely retains many original 1970s features and is marketed as needing updates, implying that buyers will need to budget for immediate renovation costs to bring it up to modern standards.
Several of the closest elementary and middle schools carry lower performance ratings, which may be a concern for families prioritizing top-tier educational facilities and could impact future resale appeal.
Fantastic Opportunity to Make It Your Own! First time on the market in years, this well-maintained home offers great bones, a desirable single-story layout, and endless possibilities. Inside you'll find spacious living areas, a cozy brick fireplace, hardwood flooring in select rooms, abundant natural light, and a functional kitchen ready for your personal updates. The oversized covered patio creates additional flexible living space, while the private backyard with mature fruit trees provides the perfect setting for outdoor entertaining, gardening, or future expansion. With solid curb appeal, an attached two-car garage, and a prime location close to shopping, dining, schools, parks, and commuter routes, this is an exceptional opportunity for homeowners and investors alike. Bring your vision and unlock this home's full potential! Owner Financing Available with Buyer Lease Option to Purchase!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,501 | 1,439 |
| Lot Size | 5,193 | 6,721 |
| Price | $780.0K | $824.1K |
| Price per sq ft | $520 | $566 |
| Built year | 1973 | 1952 |
| HOA | $0 | $0 |
| Days on market | 10 | 58 |
Jul 12, 2026
$779,999
Initial Listing