Exciting Opportunity for Contractors, Investors, Developers, and Owner-Users! Unlock the potential of this remarkable property situated on a sprawling 21,000 SF lot in the heart of the San Fernando Valley, just north of Tarzana and Encino. This charming 3-bedroom, 2-bath ranch-style home features two additional units: a Junior ADU and a converted garage, offering versatile income opportunities or space for extended family. Explore the possibility of subdividing the lot under SB 9, or consider building additional units to maximize your investment. This centrally located property in Reseda is part of one of the fastest-growing sub-markets for multi-family investments in the Greater Los Angeles Area. The area's recent suburban development and diverse population make it highly desirable for both renters and homeowners alike. Step inside to discover beautiful vaulted wood ceilings in the sitting room, complemented by ample natural light throughout the home. Don't miss out on this unique opportunity to invest in a prime location with immense potential. Contact us today to schedule a viewing!
|
DAYS ON MARKET
|
22
|
LAST UPDATED
|
3/10/2025
|
|
YEAR BUILT
|
1937
|
COMMUNITY
|
Reseda
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
|
Prior to Feb 27, '25
|
$1,500,000
|
| Feb 27, '25 - Today |
$1,475,000 |
| APPLIANCES |
Disposal, Dryer, Refrigerator, Washer |
| AREA |
Reseda |
| BASEMENT |
Yes |
| FIREPLACE |
Yes |
| GARAGE |
Assigned, Controlled Entrance, Converted Garage, Covered, Guest, Private, RV Access/Parking, Side by Side, Yes |
| INTERIOR |
Balcony, Utility Room |
| LOT |
0.48 acre(s) |
| LOT DESCRIPTION |
Back Yard, Front Yard, Yard |
| LOT DIMENSIONS |
150x140 |
| PARKING |
Assigned,Controlled Entrance,Converted Garage,Covered,Guest,Private,RV Access/Parking,Side By Side |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| STYLE |
Ranch |
| VIEW DESCRIPTION |
None |
| ZONING |
LAR1 |
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Salem to contact you even if your name is on a Federal or State
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Listed with Equity Union
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/18/25 4:43 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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