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7240 Shirley Avenue, 103, Reseda, CA 91335

$475K3bd · 3ba · 1,390 sqft
Lot 28,395 sqft•HOA $550/mo•Condominium•
Active
•22d on market•MLS# 226004856

Property Description

Investor Opportunity in the Heart of Reseda! Spacious 3 bedroom, 2.5 bath townhome offering approximately 1,300 sq. ft. with a long-term tenant already in place, providing immediate rental income from day one. Current lease runs through August 31, 2027, making this an attractive turnkey investment opportunity for buyers seeking cash flow and stability. Property is being sold with tenants in possession. Due to tenant occupancy, the home may not be presented in model condition and will be shown by appointment only after coordinating with occupants. No open houses. Conveniently located near shopping, dining, schools, and major transportation routes. Great opportunity to acquire an income producing property at an attractive price point. Buyer to cooperate with existing lease terms.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Stories
2
Parking Spaces
2
Garage Spaces
2
Heating
Central Furnace, Fireplace
Cooling
Ceiling Fan(s), Central A/C
Flooring
Carpet, Wood/Wood Like
City
Reseda
Zip Code
91335
County
Los Angeles
Listed byPinnacle Estate Properties, Inc., Todd Riccio·805-660-7638·Todd@ToddRiccio.com

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,401.86
Principal & Interest
Loan Amount
$380,000
Total Interest
$484,669
Total Payment Over 30 Years
$864,669
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

7240 Shirley Avenue, 103, Reseda, CA 91335

Reseda · Condominium

$475K
Affordable Tier
Beds
3
Baths
3
Sqft
1,390
Lot
28,395 sqft
Year
1980
$/Sqft
$342
Pool: Yes✓
Spa: No✓
Garage: 2-car✓

Listed 7.8% below the median closed sale of $515,000. Price per sqft ($342) is a 18% discount to closed comps ($416).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $475K· $342/sqft
Total list price
Closed comps
vs closed median $515K
−$40K (−7.8%)
Active comps
vs active median $475K
$0 (0.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $411
−$69 (−16.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
19620 Sherman Way Unit 1Reseda1980331,39011,168$388$539,900593
20146 Cohasset StreetWinnetka1971321,340198,873$343$459,00011578
20224 Cohasset StreetWinnetka1971221,0500$428$449,0004174
20134 LeadwellWinnetka1971321,113215,340$467$519,9007572
20134 Leadwell StreetWinnetka1971321,113215,340$427$475,00015671
Total: 5 · Average2.82.21,201.2160,180.25$410.6$488,56078.4
Median1,113$475,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
19400 WyandotteReseda198807/29/2026321,14746,306$499,000$483,000$4210.972080
20214 COHASSET ST. UNIT #5Winnetka197112/02/2025321,3400$499,000$505,000$3771.017778
6659 Wilbur AvenueReseda197110/27/2026321,109129,754$540,000$530,000$4780.9811174
20158 Cohasset StreetWinnetka197111/10/2025321,340198,873$499,000$515,000$3841.038274
6800 Corbin AvenueReseda200707/08/2026221,29023,830$545,000$540,000$4190.994373
Total: 5 · Average2.82.01,245.299,690.75$514,600$514,600$415.8—66.6
Median1,290$515,000$515,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.