7943 Newcastle, Reseda, California 91335, Reseda, 91335 - 4 bed, 2 bath
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Reseda, California 91335
This 4-bedroom, 2-bath Single Family Residence is a Prime Investment Opportunity, listed at $749,950—positioned well below the $770,459 Fair Market Value by 2%. This valuation gap offers $20,509 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home provides a functional, refreshed layout with a covered backyard porch and attached 2-car garage. While the infrastructure reflects its 1954 build, the property offers immediate move-in potential for Buy-and-Hold Investors or first-time buyers seeking a stable, value-add asset in the Los Angeles Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7943 Newcastle Subject | $749,950* List Price | 4 | 2 | 1,488 | $518 | - |
A 18149 Saticoy Sold | $765,000 | 3 | 2 | 1,366 | $560 | 0.5 mi |
B 7732 7732 Garden Grove Sold | $628,000 | 3 | 2 | 1,298 | $484 | 0.3 mi |
C 17937 Keswick Street Sold | $759,000 | 3 | 2 | 1,458 | $521 | 0.3 mi |
D 7232 Zelzah Sold | $775,000 | 3 | 2 | 1,490 | $520 | 0.9 mi |
E 8131 Garden Grove Sold | $819,000 | 3 | 2 | 1,385 | $591 | 0.3 mi |
F 7740 Lindley Avenue Sold | $860,000 | 4 | 3 | 1,939 | $444 | 0.3 mi |
G 8207 White Oak Avenue Active Under Contract | $799,000 List Price | 4 | 2 | 1,474 | $542 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property is described as 'refreshed' with new paint and carpet, it is a 1954 build with no mention of recent upgrades to major systems, kitchens, or bathrooms. The visible cracking in the backyard concrete and the dated architectural elements suggest the home is functional but requires modernization of its core components to meet higher condition standards.
The property has been recently refreshed with new interior and exterior paint and brand-new carpeting throughout, offering a turnkey experience for buyers looking to avoid immediate renovation costs.
With 4 bedrooms and 2 bathrooms in nearly 1,500 square feet of living space, the home provides a versatile and spacious floor plan that is highly desirable for growing families in the Reseda area.
The inclusion of a covered backyard porch and an attached 2-car garage adds significant functional value, providing dedicated spaces for both outdoor entertaining and convenient storage.
Built in 1954, the home may have original plumbing, electrical, or roofing systems that were not mentioned as updated, potentially leading to higher long-term maintenance costs compared to newer builds.
While the high school district is reputable, several of the closest elementary and middle schools carry lower performance ratings, which may be a concern for families prioritizing top-tier local education.
Welcome to this beautifully refreshed Reseda gem. Built in 1954, this inviting 4-bedroom, 2-bath home blends timeless charm with modern updates, including fresh interior and exterior paint and brand-new carpet throughout. The functional layout offers comfortable living and easy entertaining, while the attached 2-car garage adds everyday convenience. Step outside to enjoy the covered backyard porch—perfect for relaxing or gathering with family and friends. Located in a wonderful established neighborhood, this move-in-ready home is ready to create lasting memories.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,488 | 1,439 |
| Lot Size | 6,000 | 6,721 |
| Price | $750.0K | $824.1K |
| Price per sq ft | $504 | $566 |
| Built year | 1954 | 1952 |
| HOA | $0 | $0 |
| Days on market | 22 | 58 |
Jun 30, 2026
$749,950
Initial Listing
Jan 29, 2016
$410,000
Public Record