RealKey
‪(213) 433-7766‬

7127 Yolanda Avenue, Reseda, California 91335, Reseda, 91335 - 2 bed, 1 bath

7127 Yolanda Avenue, Reseda, California 91335 home-pic-0
ACTIVE$1,299,999
7127 Yolanda Avenue, Reseda, California 91335
2Beds
1Bath
3,641Sqft
8,068Lot
Year Built
1948
Close
-
List price
$1.3M
Original List price
$1.4M
Price/Sqft
$357
HOA
-
Days on market
-
Sold On
-
MLS number
SR24224153
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 58% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.30M(91th), sqft - 3641(99th), beds - 2(13th), baths - 1(21th).

An amazing opportunity to own a home and work shop together on one lot! On just over an 8,000 sq. ft. lot sits this single family home with a permitted detached shop/garage. The house is a 2 bedroom + 1 bathroom home of approximately 1,100 sq. ft. offering all new double pane windows, a stylish kitchen and bathroom remodel as well as a fresh coat of interior and exterior paint. Directly behind the home is where you'll find the true value of this piece of property, a fully permitted structure currently being used as a machine shop. The downstairs portion of the shop is approximately 1,750 sq. ft. with an upstairs area consisting of approximately 850 sq. ft. Downstairs, you have two large roll up doors to allow vehicle access along with tons of floor space for machinery, storage, huge work shop, etc. Upstairs is where you'll find the office in addition to a separate storage area. The current owner is willing to include his machinery/tools at the right price. This large, completely flat lot offers endless possibilities given the fact it already has a fully permitted structure being used as a machine shop included with the purchase of the home. Located in the heart of the Valley near Reseda and Sherman Way, you've got great neighbors and easy access to major streets and freeways.

Nearby schools

5/10
Reseda Elementary School
Public,•K-5•0.2mi
5/10
Garden Grove Elementary School
Public,•K-5•0.8mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.9mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.0mi
2/10
Blythe Street Elementary School
Public,•K-5•1.0mi
6/10
Newcastle Elementary School
Public,•K-5•1.2mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.3mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.3mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.5mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.5mi
6/10
Lemay Street Elementary School
Public,•K-5•1.6mi
5/10
Lemay Street Elementary School
Public,•K-5•1.6mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.6mi
5/10
Cantara Street Elementary School
Public,•K-5•1.6mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.6mi
3/10
Napa Street Elementary School
Public,•K-5•1.8mi
6/10
Lorne Street Elementary School
Public,•K-5•2.0mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•2.2mi
3/10
John A. Sutter Middle School
Public,•6-8•1.7mi
3/10
Northridge Middle School
Public,•6-8•1.9mi
3/10
William Mulholland Middle School
Public,•6-8•2.0mi
5/10
William Mulholland Middle School
Public,•6-8•2.2mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.3mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.2mi
4/10
Reseda Senior High School
Public,•9-12•0.9mi
7/10
Northridge Academy High
Public,•9-12•3.3mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.7mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.7mi
Condition Rating
Excellent
Despite being built in 1948, the residential portion of this property has undergone an extensive and stylish renovation, as confirmed by the listing description and images. The kitchen features modern white cabinetry, butcher block countertops, a contemporary stainless steel range hood, and a new sink/faucet, with only the white range appearing slightly older but still functional. The bathroom is fully updated with a modern vanity, mirror, lighting, and a clean shower enclosure. The home also boasts new double-pane windows and fresh interior/exterior paint. These updates align with the 'extensively renovated within 5 years' criteria, making the living space virtually new and meeting current quality standards.
Pros & Cons

Pros

Permitted Detached Workshop/Garage: The property features a substantial (approx. 2,600 sq. ft.) and fully permitted detached structure, currently a machine shop with two large roll-up doors, offering significant potential for business, extensive storage, or a large hobby space.
Large, Flat Lot: Situated on just over an 8,000 sq. ft. completely flat lot, providing ample space for expansion, landscaping, outdoor activities, or potential future development like an Accessory Dwelling Unit (ADU).
Recent Home Upgrades: The main 2-bedroom, 1-bathroom home has been recently updated with new double-pane windows, a stylishly remodeled kitchen and bathroom, and fresh interior and exterior paint, ensuring move-in readiness.
Versatile Property Use: This unique offering combines a residential home with a large, permitted commercial-grade workshop on a single lot, appealing to entrepreneurs, tradespeople, or individuals requiring extensive workspace.
Convenient Location: Located in the heart of the Valley near Reseda and Sherman Way, providing easy access to major streets and freeways, enhancing connectivity and convenience.

Cons

Significant Overpricing: The listing price of $1,299,999 is substantially higher than the estimated property value of $535,041, indicating a potential market disconnect and difficulty in justifying the price based on current valuations and comparable sales.
Limited Residential Living Space: The main single-family home offers a modest 2 bedrooms and 1 bathroom across approximately 1,100 sq. ft., which may be too small for larger families or buyers seeking more spacious residential accommodations.
Niche Market Appeal: While the large, permitted workshop is a strength for specific buyers, it narrows the general residential buyer pool, potentially leading to longer market times as it caters to a specialized demand.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state