6933 Etiwanda Avenue, Reseda, California 91335, Reseda, 91335 - 6 bed, 4 bath

6933 Etiwanda Avenue, Reseda, California 91335 home-pic-0
ACTIVE$1,200,000
6933 Etiwanda Avenue, Reseda, California 91335
6Beds
4Baths
1,704Sqft
5,791Lot
Year Built
1952
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$704
HOA
-
Days on market
-
Sold On
-
MLS number
SR24253137
Home ConditionFair
Features
Good View: Valley
Patio
ViewValley

About this home

Possibly Over-Priced:The estimated price is 19% below the list price. We found 2 Cons,3 Pros. Rank: price - $1.20M(85th), sqft - 1704(63th), beds - 6(94th), baths - 4(90th).

Unique Investment Opportunity – Two Homes on One Lot in Reseda! Discover the incredible potential of 6933 Etiwanda Ave and 6935 Etiwanda Ave, a rare find in Reseda featuring two separate homes on one lot, both currently rented and generating steady income. This property is perfect for investors or buyers looking for a dual-income opportunity or multi-generational living. The main house is spacious and inviting, rented for $3,500/month, offering comfortable living spaces and modern amenities. The ADU (Accessory Dwelling Unit) is stylish and self-contained, rented for $2,500/month, perfect for additional income or extended family. With a total monthly income of $6,000, this property is an excellent investment with immediate cash flow. Conveniently situated in the heart of Reseda, it’s close to schools, parks, shopping centers, dining options, and major freeways—offering both tenants and owners easy access to everything they need. Whether you’re an investor seeking a high-performing rental property or a buyer looking for a versatile living arrangement, this property checks all the boxes. Don’t miss this fantastic opportunity—schedule a viewing today!

Nearby schools

3/10
Bertrand Avenue Elementary School
Public,K-50.4mi
5/10
Reseda Elementary School
Public,K-50.6mi
5/10
Garden Grove Elementary School
Public,K-50.6mi
6/10
Newcastle Elementary School
Public,K-50.6mi
5/10
Lemay Street Elementary School
Public,K-51.0mi
6/10
Lemay Street Elementary School
Public,K-51.0mi
3/10
Anatola Avenue Elementary School
Public,K-51.1mi
3/10
Anatola Avenue Elementary School
Public,K-51.1mi
3/10
Vanalden Avenue Elementary School
Public,K-51.3mi
2/10
Blythe Street Elementary School
Public,K-51.4mi
5/10
Shirley Avenue Elementary School
Public,K-51.4mi
5/10
Cantara Street Elementary School
Public,K-51.6mi
6/10
Lorne Street Elementary School
Public,K-51.8mi
3/10
Melvin Avenue Elementary School
Public,K-51.9mi
4/10
Stanley Mosk Elementary School
Public,K-52.1mi
4/10
Stanley Mosk Elementary School
Public,K-52.1mi
3/10
Napa Street Elementary School
Public,K-52.2mi
3/10
Winnetka Avenue Elementary School
Public,K-52.7mi
3/10
William Mulholland Middle School
Public,6-81.5mi
5/10
William Mulholland Middle School
Public,6-81.6mi
3/10
Northridge Middle School
Public,6-82.0mi
6/10
Gaspar De Portola Middle School
Public,6-82.1mi
3/10
John A. Sutter Middle School
Public,6-82.3mi
5/10
Woodland Hills Charter Academy
Public,6-83.5mi
4/10
Reseda Senior High School
Public,9-120.4mi
7/10
Northridge Academy High
Public,9-123.4mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.7mi
5/10
Valley Academy Of Arts And Sciences
Public,9-124.7mi
Condition Rating
Fair

The property, built in 1952, shows signs of age but appears to be maintained. The kitchens and bathrooms in the images seem functional but outdated. While the property generates income, updates would likely increase its value and appeal. The presence of two units adds complexity, but the overall condition suggests it falls into the 'Fair' category, needing minor updates rather than substantial repairs.
Pros & Cons

Pros

Income Potential: The property features two homes on one lot, generating a combined monthly rental income of $6,000, offering immediate cash flow for investors.
Dual-Living Arrangement: The presence of a main house and an ADU provides flexibility for multi-generational living or renting out both units for maximum income.
Prime Location: Situated in the heart of Reseda, the property is conveniently located near schools, parks, shopping centers, dining options, and major freeways.

Cons

Year Built: Built in 1952, the property may require updates to meet modern standards and preferences.
Potential Maintenance: Older properties may require more frequent maintenance and repairs compared to newer constructions.

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