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7434 Nestle Avenue, Reseda, California 91335, Reseda, 91335 - 3 bed, 3 bath

7434 Nestle Avenue, Reseda, California 91335 home-pic-0
ACTIVE$1,275,000
7434 Nestle Avenue, Reseda, California 91335
3Beds
3Baths
1,884Sqft
6,756Lot
Year Built
1948
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$677
HOA
-
Days on market
-
Sold On
-
MLS number
25530777
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 46% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.27M(91th), sqft - 1884(72th), beds - 3(50th), baths - 3(68th).

Remodeled Reseda Home with Permitted ADU + Separate Bed, Bath & Kitchenette Incredible Rental Income Potential! Beautifully updated 3-bedroom, 3-bathroom home in the heart of Reseda, featuring a fully permitted garage conversion ADU with outstanding rental possibilities. Perfect for investors or homeowners looking to offset their mortgage, the ADU is ideal for long-term tenants, short-term rentals (Airbnb/VRBO), multigenerational living, or use as a private office or studio. The main house has been thoughtfully remodeled with modern finishes, an open floor plan, and a welcoming covered front porch. In addition to the main living areas, the home includes a separate bedroom and bathroom with a small kitchenette offering even more flexibility for rental or personal use. This property offers the potential for three distinct rental areas! Enjoy a private, fenced, and gated yard, complete with a covered front porch, backyard patio, and off-street parking. Conveniently located near public transportation, shops, and dining, this turnkey property offers both comfortable living and excellent investment value. Don't miss this rare opportunity to own a versatile, income-producing property in a prime Reseda location! Broker/Agent does not guarantee the accuracy of square footage, lot size, permits, or other information. Buyers are advised to independently verify all information.

Nearby schools

5/10
Garden Grove Elementary School
Public,•K-5•0.1mi
5/10
Reseda Elementary School
Public,•K-5•0.5mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.6mi
2/10
Blythe Street Elementary School
Public,•K-5•0.9mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.9mi
3/10
Anatola Avenue Elementary School
Public,•K-5•0.9mi
5/10
Cantara Street Elementary School
Public,•K-5•1.0mi
6/10
Newcastle Elementary School
Public,•K-5•1.2mi
6/10
Lemay Street Elementary School
Public,•K-5•1.2mi
5/10
Lemay Street Elementary School
Public,•K-5•1.3mi
6/10
Lorne Street Elementary School
Public,•K-5•1.3mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.6mi
3/10
Napa Street Elementary School
Public,•K-5•1.7mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.7mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.9mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.2mi
4/10
Stanley Mosk Elementary School
Public,•K-5•2.2mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•2.5mi
3/10
Northridge Middle School
Public,•6-8•1.3mi
3/10
William Mulholland Middle School
Public,•6-8•1.6mi
5/10
William Mulholland Middle School
Public,•6-8•1.8mi
3/10
John A. Sutter Middle School
Public,•6-8•2.3mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.7mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.9mi
4/10
Reseda Senior High School
Public,•9-12•1.1mi
7/10
Northridge Academy High
Public,•9-12•2.7mi
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
Condition Rating
Excellent
Despite being built in 1948, this property has undergone an extensive and recent renovation, as evidenced by the listing description and images. The main house features a modern kitchen with white shaker cabinets, stainless steel appliances, and updated countertops/backsplash. Bathrooms are also fully updated with contemporary vanities, tiling, and fixtures. Consistent wood-look flooring and recessed lighting throughout the main living areas and the new, permitted ADU contribute to a virtually new feel, meeting current quality standards with no visible deferred maintenance. This aligns perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Exceptional Income Potential: The property features a fully permitted ADU and an additional separate bedroom/bathroom with a kitchenette, offering potential for three distinct rental incomes or multi-generational living.
Turnkey & Modern Remodel: The main house has been thoughtfully remodeled with modern finishes and an open floor plan, providing a move-in ready and aesthetically pleasing living space.
Permitted Accessory Dwelling Unit (ADU): The garage conversion ADU is fully permitted, ensuring legality and adding significant value and flexibility for rental or personal use.
Versatile Living Arrangements: The multiple independent living spaces cater to a wide range of needs, from investment and short-term rentals (Airbnb/VRBO) to extended family living or a dedicated home office/studio.
Private Outdoor Amenities & Parking: A private, fenced, and gated yard with a covered front porch, backyard patio, and off-street parking enhances comfort, privacy, and usability.

Cons

Significant Price Overestimation: The listing price of $1,275,000 is substantially higher than the estimated property value of $677,277, potentially indicating an aggressive pricing strategy that may deter buyers or prolong market time.
Age of Original Structure: Built in 1948, the property's older foundation and core systems, despite recent remodels, may present unforeseen maintenance or upgrade requirements in the future.
Buyer Due Diligence Emphasis: The agent's disclaimer explicitly advises buyers to independently verify all information, placing a higher burden on the buyer for thorough due diligence, especially concerning permits and square footage.

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