8018 Shirley Avenue, Los Angeles, California 91335, Los Angeles, 91335 - 4 bed, 2 bath
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8018 Shirley Avenue
Los Angeles, California 91335
ACTIVE
CONDITION: TEAR DOWN
4Beds
2Baths
1,666Sq Ft
8,721Lot Size
Property Price
LIST PRICE$669,000
EST. MARKET VALUE
$670,766
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $669,000—positioned well below the $670,766 Fair Market Value by 0.26%. Featuring a Condition Rating of 6, this 4-bedroom, 2-bathroom asset requires comprehensive renovation, offering a blank canvas for value-add strategies. The 8,721 sq. ft. lot includes an in-ground pool, providing significant infrastructure for a custom rebuild. This is a strictly cash-only acquisition ideal for Fix-and-Flip Investors or Contractors seeking a high-demand West Valley project.
Estimated Market Value
$670,766
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8018 Shirley Avenue Subject | $669,000* List Price | 4 | 2 | 1,666 | $403 | - |
A 19462 Arminta Sold | $775,000 | 4 | 2 | 1,601 | $484 | 0.2 mi |
B 18954 Saticoy Street Sold | $723,500 | 4 | 3 | 1,774 | $408 | 0.8 mi |
C 8119 Geyser Avenue Sold | $680,000 | 3 | 2 | 1,616 | $421 | 0.8 mi |
D 19338 Elkwood Active Under Contract | $699,000 List Price | 6 | 4 | 1,541 | $454 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1954 (>50 years old) with no evidence of renovation. The listing describes 'heavy deferred maintenance,' states the property 'needs everything,' and is marketed as a 'custom rebuild' opportunity for cash buyers only, indicating it is primarily land value.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8721, living area = 1666.
- Prime Location and Accessibility
Situated in the desirable Reseda Ranch pocket at the crossroads of Northridge and Tarzana, this property offers excellent geographic leverage with rapid access to both the 101 and 118 freeways.
- Expansive Lot with Existing Pool
The generous 8,721 sq. ft. lot provides ample space for expansion or a custom rebuild, featuring an existing in-ground pool that offers significant cost savings on future excavation and landscaping.
CONSRISKS & DEFICIENCIES
- Severe Deferred Maintenance
The structure is in 'as-is' condition and requires a total renovation, as it suffers from heavy neglect and needs comprehensive repairs to all major systems and finishes.
- Restrictive Financing Requirements
Due to the property's poor physical condition, the seller is only accepting cash offers or hard money, which significantly limits the pool of eligible buyers and traditional financing options.
About 8018 Shirley Avenue
Diamond in the rough! Reseda Ranch Value-Add Opportunity with a Pool! Tap into the high demand West Valley market with this prime 8,721 sq. ft. lot situated in a highly desirable Reseda Ranch residential pocket. Located right at the crossroads of Northridge, Tarzana, and Winnetka, this property offers incredible geographic leverage with rapid access to both the 101 and 118 freeways. The existing 4-bedroom, 2-bathroom structure features a functional footprint but suffers from heavy deferred maintenance and "needs everything", making it the ultimate blank canvas for a profitable fix-and-flip or high-end custom rebuild. The expansive backyard already features an in-ground pool ready to be restored, saving you major excavation costs while leaving plenty of room to expand. Bring your imagination and make this diamond in the rough shine! Cash offers only due to property condition. Hard money will be considered with full disclosure. Selling strictly as-is. Don't miss this rare chunk of Valley land! Complete inspections before you submit your offer. NO BLIND OFFERS, BUYERS MUST VISIT PROPERTY PRIOR TO SUBMITTING OFFER.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 8,721 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Melvin Avenue Elementary School
Grades K-5 • 0.4 mi
3/10
Winnetka Avenue Elementary School
Grades K-5 • 0.8 mi
3/10
Napa Street Elementary School
Grades K-5 • 0.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,666 | 1,664.159 |
| Lot Size | 8,721 | 6,066.556 |
| Price | $669.0K | $1.35M |
| Price per sq ft | $402 | $806 |
| Built year | 1954 | 1939 |
| HOA | $0 | $278 |
| Days on market | 8 | 55 |
Pricing History
Listed for Sale
Sep 1, 2026
$669,000
Initial Listing