18741 Covello Street, Reseda, California 91335, Reseda, 91335 - 3 bed, 1 bath
ACTIVE$825,000
18741 Covello Street, Reseda, California 91335
3Beds
1Bath
1,148Sqft
6,002Lot
Year Built
1951
Close
-
List price
$825K
Original List price
$849K
Price/Sqft
$719
HOA
-
Days on market
-
Sold On
-
MLS number
25545119
Home ConditionGood
Features
View-
About this home
Possibly Over-Priced:The estimated price is 35% below the list price. We found 3 Cons,5 Pros. Rank: price - $825.0K(42th), sqft - 1148(21th), beds - 3(50th), baths - 1(22th).
Welcome to 18741 Covello Ave; an updated 3-bedroom, 1-bathroom home on a spacious corner lot in a lovely neighborhood in Reseda. Inside, enjoy a bright, airy layout with newer windows, floors, an updated kitchen and bathroom. The sunlit living areas are perfect for relaxing or entertaining. The large backyard offers room for a pool, play area, garden and plenty of space to build an ADU for rental income or extended family. Additional features include a newer roof. Located in a friendly neighborhood close to parks, schools, and shops, this home blends comfort, potential, and charm in an ideal location.
Nearby schools
5/10
Reseda Elementary School
Public,•K-5•0.4mi
2/10
Blythe Street Elementary School
Public,•K-5•0.5mi
5/10
Garden Grove Elementary School
Public,•K-5•0.8mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.1mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.1mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•1.2mi
5/10
Cantara Street Elementary School
Public,•K-5•1.3mi
3/10
Napa Street Elementary School
Public,•K-5•1.3mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.5mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.6mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.6mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.6mi
6/10
Newcastle Elementary School
Public,•K-5•1.6mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.8mi
6/10
Lorne Street Elementary School
Public,•K-5•1.8mi
6/10
Lemay Street Elementary School
Public,•K-5•1.8mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•1.8mi
5/10
Lemay Street Elementary School
Public,•K-5•1.9mi
3/10
Northridge Middle School
Public,•6-8•1.5mi
3/10
John A. Sutter Middle School
Public,•6-8•1.7mi
3/10
William Mulholland Middle School
Public,•6-8•2.3mi
5/10
William Mulholland Middle School
Public,•6-8•2.5mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.8mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.5mi
4/10
Reseda Senior High School
Public,•9-12•1.4mi
7/10
Northridge Academy High
Public,•9-12•2.8mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.2mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.2mi
Condition Rating
Good
Built in 1951, this property has undergone significant and recent updates, including a modern kitchen with white shaker cabinets, dark countertops, subway tile backsplash, and stainless steel appliances. The bathroom is also updated with a matching vanity, countertop, and modern fixtures. Newer flooring (laminate/LVP and carpet) and windows are present throughout, and the roof is also newer. These extensive renovations make the home move-in ready with no immediate repairs required, aligning with a 'Good' condition score. While the original structure is older, the comprehensive updates elevate its quality beyond 'Fair'.
Pros & Cons
Pros
Updated Interior Features: The home boasts recent updates including newer windows, floors, an updated kitchen, and an updated bathroom, offering a move-in ready experience for buyers.
Spacious Corner Lot with ADU Potential: Situated on a generous corner lot, the property provides ample space for outdoor activities, gardening, and significant potential to build an Accessory Dwelling Unit (ADU) for rental income or extended family living.
Newer Roof: The presence of a newer roof reduces immediate capital expenditure concerns for a buyer, indicating good maintenance and structural integrity.
Desirable Neighborhood Location: Located in a lovely and friendly neighborhood, the property offers convenient access to parks, schools, and shops, enhancing its appeal for families and community-oriented buyers.
Bright and Airy Layout: The interior features a bright, airy layout with sunlit living areas, creating a welcoming and comfortable atmosphere ideal for relaxation and entertaining.
Cons
Significant Overpricing: The current list price of $825,000 is substantially higher than the estimated property value of $534,031.88, suggesting a considerable overvaluation compared to market benchmarks and recent sales.
Limited Bathroom Count: As a 3-bedroom home with only one bathroom, the property may present functional limitations and be less appealing to families or multiple occupants who typically seek more bathroom facilities.
Absence of Central Air Conditioning: The property description does not mention a central air conditioning system, which is a significant drawback in the warm Reseda climate and a common expectation for modern homes, potentially impacting comfort and resale value.