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7322 Lindley Avenue, Reseda, California 91335, Reseda, 91335 - 4 bed, 3 bath

7322 Lindley Avenue, Reseda, California 91335 home-pic-0
ACTIVE$1,095,000
7322 Lindley Avenue, Reseda, California 91335
4Beds
3Baths
1,652Sqft
6,500Lot
Year Built
1949
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$663
HOA
-
Days on market
-
Sold On
-
MLS number
225005337
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.09M(78th), sqft - 1652(58th), beds - 4(58th), baths - 3(68th).

Income-Producing Property with Expansion Potential!This rare opportunity features two fully independent homes on one lot--ideal for investors or owner-occupants looking to generate passive income or offset their mortgage. Main Residence Highlights:2 bedrooms, 1 bathroomWood-look tile flooring for a modern touchBright interior with sliding doors leading to the backyardLaundry area off the kitchen with side yard accessOne parking space available ADU (Accessory Dwelling Unit) Features:2 bedrooms, 2 bathroomsConverted garage serves as a spacious primary suite with en-suite bathWood-style flooring throughoutPrivate entrance and fenced separation from the main homeFull-size laundry appliances located in hallway between bedroomsSmart layout with bedrooms separated by central living and kitchen areasCurrently rented at market rate for immediate cash flowOne parking space available Outdoor & Utility Details:Expansive backyard with potential to add additional units (buyer to conduct their own investigation in regard)Separate electrical meters for each unitSub water meter installed for the ADUNo separate gas meter. Both units share same meter📸 Floor plan available in the photo gallery for your convenience.

Nearby schools

5/10
Garden Grove Elementary School
Public,•K-5•0.1mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.4mi
5/10
Reseda Elementary School
Public,•K-5•0.7mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.7mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.7mi
6/10
Lemay Street Elementary School
Public,•K-5•1.0mi
6/10
Newcastle Elementary School
Public,•K-5•1.0mi
5/10
Lemay Street Elementary School
Public,•K-5•1.0mi
5/10
Cantara Street Elementary School
Public,•K-5•1.1mi
2/10
Blythe Street Elementary School
Public,•K-5•1.1mi
6/10
Lorne Street Elementary School
Public,•K-5•1.2mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.8mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.9mi
3/10
Napa Street Elementary School
Public,•K-5•2.0mi
3/10
Melvin Avenue Elementary School
Public,•K-5•2.0mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.3mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.4mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•2.7mi
3/10
William Mulholland Middle School
Public,•6-8•1.4mi
3/10
Northridge Middle School
Public,•6-8•1.4mi
5/10
William Mulholland Middle School
Public,•6-8•1.6mi
3/10
John A. Sutter Middle School
Public,•6-8•2.5mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.6mi
5/10
Woodland Hills Charter Academy
Public,•6-8•4.0mi
4/10
Reseda Senior High School
Public,•9-12•1.0mi
7/10
Northridge Academy High
Public,•9-12•2.9mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.1mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.1mi

Price History

Date
Event
Price
10/24/25
Listing
$1,095,000
Condition Rating
Good
This property, built in 1949, has undergone significant and recent renovations, making it move-in ready. Both the main residence and the ADU feature updated kitchens with stainless steel appliances and modern countertops (granite in main, lighter in ADU), and updated bathrooms with contemporary vanities and tiled showers/tubs. The ADU's kitchen and bathrooms appear particularly modern and recently completed. Consistent tile flooring throughout both units provides a clean and updated aesthetic. While the renovations are extensive, some elements in the main house, such as the kitchen cabinet style and ceiling fans, suggest updates that might be slightly older than the ADU's, placing the overall property condition firmly in the 'Good' category rather than 'Excellent' which implies virtually new components throughout.
Pros & Cons

Pros

Strong Income Generation: Features two fully independent units, with the ADU already rented at market rate, providing immediate passive income or mortgage offset.
ADU Quality & Independence: The ADU is well-appointed with 2 beds, 2 baths, a private entrance, and fenced separation, ensuring tenant privacy and desirability.
Future Expansion Potential: An expansive backyard offers significant potential for adding further units, subject to buyer investigation, enhancing long-term value.
Independent Utility Management: Separate electrical meters and a sub water meter for the ADU streamline utility billing and management for both units.
Updated Interior Aesthetics: Both residences feature modern wood-look/wood-style flooring, contributing to a contemporary feel and reduced maintenance.

Cons

Shared Gas Meter: The shared gas meter for both units could lead to complications in utility billing and potential disputes between occupants.
Property Age & Maintenance: Built in 1949, the property may require ongoing maintenance and updates typical of an older structure, despite some interior renovations.
Pricing Discrepancy: The listing price is notably above the estimated property value, potentially indicating an aggressive pricing strategy or requiring a strong justification for the premium.

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