18643 Strathern Street, Reseda, California 91335, Reseda, 91335 - 5 bed, 2 bath
ACTIVE$1,399,000
18643 Strathern Street, Reseda, California 91335
5Beds
2Baths
3,024Sqft
20,902Lot
Year Built
1948
Close
-
List price
$1.4M
Original List price
$1.49M
Price/Sqft
$463
HOA
-
Days on market
-
Sold On
-
MLS number
25489947
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.40M(97th), sqft - 3024(97th), beds - 5(85th), baths - 2(50th).
HUGE 20,895 sq. ft. FLAT, RECTANGULAR LOT, Reseda Ranch adjacent! Newly updated. The home is gated, large and cozy, with 3024 sq. ft of living spaces (Not all permits are available,BUYER ADVISED TO CHECK WITH CITY to satisfy sq footage and/or bed/bath counts) with 5 bedrooms, 2 baths, living room with a fireplace, den and a large bonus room. Circular driveway with parking for several cars and a huge ranch back yard with 3 structures and kennels for 10 dogs. Perfect to move right in and make it your own, or to create an incredible investment opportunity. Zoned for Residential and Agriculture, too! Can you imagine being able to have horses right here in Reseda?
Nearby schools
2/10
Blythe Street Elementary School
Public,•K-5•0.1mi
3/10
Napa Street Elementary School
Public,•K-5•0.8mi
5/10
Cantara Street Elementary School
Public,•K-5•0.9mi
5/10
Reseda Elementary School
Public,•K-5•1.0mi
5/10
Garden Grove Elementary School
Public,•K-5•1.0mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.2mi
6/10
Lorne Street Elementary School
Public,•K-5•1.5mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.5mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.6mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.7mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.7mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•1.8mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.8mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.9mi
6/10
Newcastle Elementary School
Public,•K-5•2.0mi
6/10
Lemay Street Elementary School
Public,•K-5•2.1mi
5/10
Lemay Street Elementary School
Public,•K-5•2.2mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•2.4mi
3/10
Northridge Middle School
Public,•6-8•1.0mi
3/10
John A. Sutter Middle School
Public,•6-8•2.0mi
3/10
William Mulholland Middle School
Public,•6-8•2.5mi
5/10
William Mulholland Middle School
Public,•6-8•2.7mi
6/10
Gaspar De Portola Middle School
Public,•6-8•3.4mi
5/10
Woodland Hills Charter Academy
Public,•6-8•4.0mi
4/10
Reseda Senior High School
Public,•9-12•1.9mi
7/10
Northridge Academy High
Public,•9-12•2.2mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•3.7mi
Condition Rating
Fair
The property, built in 1948, shows a mix of recent cosmetic updates and significantly outdated features. While some areas have newer flooring and paint, the kitchen appears to be from a renovation 20-30+ years ago, with dated dark wood cabinetry and appliances. No bathroom images were provided, but the overall impression is that key areas require substantial updates to meet current standards. The 'newly updated' description is partially true for some cosmetic elements, but not for major components like the kitchen. The mention of unpermitted square footage also indicates potential issues that a buyer would need to address.
Pros & Cons
Pros
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 = 20902, living area = 3024.
Expansive & Versatile Lot: The property boasts a huge 20,895 sq. ft. flat, rectangular lot with Residential and Agricultural zoning, offering unique potential for equestrian use, extensive landscaping, or future development.
Generous Living Space: The home provides a large 3024 sq. ft. of living space, including 5 bedrooms, a living room with a fireplace, a den, and a bonus room, suitable for a large family or diverse living arrangements.
Investment/Income Opportunity: With three existing structures and kennels for 10 dogs, the property presents potential for rental income, a home-based business, or specialized animal care facilities.
Recent Updates & Gated Entry: Described as 'newly updated' and featuring a gated entry, the property offers enhanced curb appeal, security, and a more move-in ready condition.
Ample Parking: A circular driveway provides extensive parking for several cars, a practical advantage for a large property and accommodating multiple residents or guests.
Cons
Unpermitted Structures/Square Footage: The listing explicitly states that 'Not all permits are available' for the square footage and/or bed/bath counts, posing significant legal, financial, and permitting risks for the buyer.
Significant Overpricing: The current listing price of $1.399M is considerably higher than the estimated property value of approximately $958,632, indicating a potential overvaluation of 31% and likely requiring a price adjustment to attract buyers.
Low Bathroom-to-Bedroom Ratio: With 5 bedrooms and only 2 bathrooms, the property may present functional challenges and inconvenience for a large household, potentially necessitating costly renovations to add more facilities.