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6655 Lindley Avenue, Reseda, California 91335, Reseda, 91335 - 4 bed, 5 bath

6655 Lindley Avenue, Reseda, California 91335 home-pic-0
ACTIVE$1,475,000
6655 Lindley Avenue, Reseda, California 91335
4Beds
5Baths
2,329Sqft
21,006Lot
Year Built
1937
Close
-
List price
$1.48M
Original List price
$1.5M
Price/Sqft
$633
HOA
-
Days on market
-
Sold On
-
MLS number
25502651
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.48M(98th), sqft - 2329(84th), beds - 4(59th), baths - 5(95th).

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 4-bedroom, 3-bath ranch-style home features with an additional converted garage ADU, 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!

Nearby schools

6/10
Newcastle Elementary School
Public,•K-5•0.2mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.5mi
5/10
Lemay Street Elementary School
Public,•K-5•0.7mi
6/10
Lemay Street Elementary School
Public,•K-5•0.8mi
5/10
Garden Grove Elementary School
Public,•K-5•0.9mi
5/10
Reseda Elementary School
Public,•K-5•1.0mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.1mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.2mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.3mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.7mi
2/10
Blythe Street Elementary School
Public,•K-5•1.8mi
5/10
Cantara Street Elementary School
Public,•K-5•1.9mi
6/10
Lorne Street Elementary School
Public,•K-5•1.9mi
3/10
Melvin Avenue Elementary School
Public,•K-5•2.3mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.4mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.5mi
3/10
Napa Street Elementary School
Public,•K-5•2.6mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•3.1mi
3/10
William Mulholland Middle School
Public,•6-8•1.2mi
5/10
William Mulholland Middle School
Public,•6-8•1.3mi
6/10
Gaspar De Portola Middle School
Public,•6-8•1.9mi
3/10
Northridge Middle School
Public,•6-8•2.3mi
3/10
John A. Sutter Middle School
Public,•6-8•2.6mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.6mi
4/10
Reseda Senior High School
Public,•9-12•0.2mi
7/10
Northridge Academy High
Public,•9-12•3.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.9mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.9mi

Price History

Date
Event
Price
02/25/25
Listing
$1,475,000
Condition Rating
Poor
Built in 1937, this property shows significant signs of age and deferred maintenance, particularly in key areas. The kitchen features severely outdated dark wood cabinets, tile countertops, and extremely dated linoleum flooring, indicating a need for a full gut renovation. Bathrooms are functional but very basic and dated. While the main living area has original hardwood floors and vaulted wood ceilings, the light fixtures and overall aesthetic throughout the home are from decades past. The description itself targets 'Contractors, Investors, Developers,' emphasizing the land's potential for subdivision and additional units rather than the existing home's move-in readiness. This suggests the current structure requires substantial repairs and rehabilitation to meet modern living standards, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Large Lot & Development Potential: The property boasts a sprawling 21,000 SF lot, offering significant potential for subdivision under SB 9 or building additional units to maximize investment.
Versatile Income/Living Options: Includes an additional converted garage ADU, providing immediate income opportunities or flexible living space for extended family.
Strategic Location & Market Growth: Centrally located in Reseda, part of a fast-growing sub-market in the San Fernando Valley, highly desirable for both renters and homeowners.
Broad Investor & User Appeal: Presents an exciting opportunity for a diverse range of buyers including contractors, investors, developers, and owner-users due to its inherent potential.
Charming Interior Features: The main home features beautiful vaulted wood ceilings in the sitting room and ample natural light, adding character and appeal.

Cons

Age & Implied Condition of Main House: Built in 1937, the description's emphasis on development potential suggests the existing ranch-style home may require significant updates or renovations for modern living, beyond what is explicitly stated.
Development Complexity & Costs: While SB 9 offers subdivision potential, the process of obtaining permits and executing additional construction can be complex, time-consuming, and involve substantial unforeseen costs.
Limited Current Home Details: The listing provides limited specific information on the current condition of the main home's systems (e.g., plumbing, electrical, HVAC) or recent renovations, which could imply a need for significant capital expenditure for an owner-user.

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