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18656 Runnymede Street, Reseda, California 91335, Reseda, 91335 - 9 bed, 6 bath

18656 Runnymede Street, Reseda, California 91335 home-pic-0
ACTIVE$1,799,999
18656 Runnymede Street, Reseda, California 91335
9Beds
6Baths
3,473Sqft
6,914Lot
Year Built
1952
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$518
HOA
-
Days on market
-
Sold On
-
MLS number
SR25149684
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 9% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.80M(99th), sqft - 3473(99th), beds - 9(98th), baths - 6(98th).

New Construction in a growing and high demand area. Property Breakdown of 4 units as follows: Unit number 1 - Main House: 18656 Runnymede - Three bedrooms, two bathrooms, 1,118 sq ft Unit number 2 - ADU #A: 18654 1/2 Runnymede - Three bedrooms, two bathrooms, 1,143 sq ft (detached) Unit number 3 - ADU #B: 18654 Runnymede - Two bedrooms, one bathroom, 795 sq ft (detached) Unit number 4 - JADU: 18658 Runnymede - One bedroom, one bathroom, 354 sq ft Each one has its own separate electric meter, separate gas meter and own water sub meter. Once-in-a-lifetime opportunity to own a stunning, brand new four-unit compound in the heart of Reseda!!! This exceptional 9 bed 6 bath property includes three new construction units and one fully remodeled main home, all with Certificates of Occupancy and completely turnkey. Ready for immediate move-in or creative use. Perfect for multi families, investors, multi-generational living, or anyone dreaming of owning a modern, thoughtfully designed multi-unit estate. This one in all has Main house plus ADU or Granny Flats, or call them extra income units or multi family to subsidize your mortgage thru extra rental income or retire on rental income with this one time purchase of 4 units at one location, for ease of management. Each unit features private entrances, private parking, and beautiful new landscaping. Inside, enjoy light-toned flooring, high ceilings, and expansive layouts that feel bright and open with tons of natural light flooding through every room! The kitchens are outfitted with sleek stainless steel appliances, custom cabinetry, and clean modern finishes that elevate each space. ADU #1 and ADU #2 are both fully detached, like a single family dwelling/home, a huge asset that offers incredible flexibility and privacy. The JADU shares one wall with the main home but maintains its own private access and full independence. This property is a masterpiece!! Brand new, move-in ready, turn key, and offering incredible long-term versatility in a beautifully designed setting. Do not miss your chance to own something this rare and remarkable!!!

Nearby schools

5/10
Reseda Elementary School
Public,•K-5•0.2mi
2/10
Blythe Street Elementary School
Public,•K-5•0.6mi
5/10
Garden Grove Elementary School
Public,•K-5•0.7mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.0mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.1mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.2mi
5/10
Cantara Street Elementary School
Public,•K-5•1.3mi
6/10
Newcastle Elementary School
Public,•K-5•1.4mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.5mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.5mi
3/10
Napa Street Elementary School
Public,•K-5•1.5mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.6mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.6mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.6mi
6/10
Lemay Street Elementary School
Public,•K-5•1.7mi
5/10
Lemay Street Elementary School
Public,•K-5•1.7mi
6/10
Lorne Street Elementary School
Public,•K-5•1.8mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•2.0mi
3/10
Northridge Middle School
Public,•6-8•1.6mi
3/10
John A. Sutter Middle School
Public,•6-8•1.8mi
3/10
William Mulholland Middle School
Public,•6-8•2.1mi
5/10
William Mulholland Middle School
Public,•6-8•2.3mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.6mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.5mi
4/10
Reseda Senior High School
Public,•9-12•1.2mi
7/10
Northridge Academy High
Public,•9-12•2.9mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.3mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.3mi
Condition Rating
Excellent
The property features new construction ADUs and a fully remodeled main house. The images show modern kitchens with stainless steel appliances and updated bathrooms. The listing description highlights new landscaping, light-toned flooring, and high ceilings. Given the recent construction/remodel, the property is in excellent condition.
Pros & Cons

Pros

Multiple Income Streams: The property features four separate units (main house, two ADUs, and a JADU), providing multiple rental income opportunities.
New Construction/Remodel: Three units are newly constructed, and the main house is fully remodeled, ensuring modern amenities and minimal immediate maintenance.
Separate Utilities: Each unit has its own separate electric, gas, and water sub-meter, simplifying utility management and billing for tenants.
Turnkey Condition: The property is move-in ready and turnkey, allowing for immediate occupancy or rental without additional renovations.
High Demand Area: Located in a growing and high-demand area of Reseda, ensuring strong rental potential and future appreciation.

Cons

Lot Size: The lot size of 6914 sqft might be considered small for a property with four units, potentially limiting outdoor space and privacy.
High Price Point: The list price of $1,799,999 may be a barrier for some investors, requiring careful analysis of potential rental income versus expenses.
JADU Size: The JADU is only 354 sq ft, which might limit its appeal to certain tenants due to its small size.

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