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$995,000   Price Analysis
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7543 Chimineas Ave
Reseda, CA 91335
4 bed 3 bath 2,542 SqFt ($391/SqFt)
9,743SqFt lot. Built 1975
Listed 2024-07-24, Taxes $11,028
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Take advantage of this unique opportunity to acquire two prime properties with a preference for a bundled sale at 5.2% cap rate: 7543 Chimeneas Avenue and 14739 Delano Street.

Flexibility meets opportunity in this distinctive pro perty featuring two legal units on a generous lot. Perfectly poised for those looking to invest or enjoy the best of both worlds by living in one unit and renting out the other, this offering stands out in a peaceful cul-de-sac setting. The lack of rent control opens avenues for potential rent adjustments, making it as ideal for investors as it is for homeowners seeking a smart way to offset their mortgage. The main house features laminated flooring in the living room for a cozy ambiance and tiled floors in the dining area and kitchen for a sleek, elegant look. Central A/C and heat guarantee comfort throughout the seasons, while an enclosed porch provides a flexible space for either relaxation or entertainment.

The addition of a two-car detached garage suggests an excellent opportunity for an ADU conversion (buyer to verify local requirements), amplifying the property's value and utility with potential for extra incme or more living space. The back home, with two bedrooms and one bathroom, offers a sizeable porch and a private backyard for serene outdoor living. Ample parking space in the large front yard and driveway enhances the convenience for all, highlighting the thoughtful layout of the property. Located in the heart of Reseda and benefiting from its cozy cul-de-sac position, this property is moments to schools and local eateries, combining peace with convenience. Whether you're seeking a lucrative investment or a unique living arrangement that also generates income, this property presents a prime opportunity. Schedule a viewing today and envision the possibilities that await.


Presented by Sally Forster Jones at
COMPASS.
Listing Agent Photo

Property MLS #24-418417 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 3
Full Bathrooms: 3

Living Room

Laundry Facilities: Inside
Laundry Features: Inside

Cooling Features: Central
Heating Features: Central

Furnished Description: Unfurnished
Flooring: Carpet

Lot Size Acres: 0.2236685
Lot Size Dimensions: 71x142
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 9743

Garage Spaces: 2
Garage Description: Garage - 2 Car
Parking Total: 2

View: City Lights
Other Equipment: Washer, Dryer, Refrigerator, Range/Oven

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Los Angeles
Directions: Crossroads: Lindley Ave and Sherman Way
Source Property Type: Residential
Area: Reseda
Source Neighborhood: Reseda
Parcel Number: 2119-006-024
Postal Code Plus 4: 3124
Zoning: LAR1
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$451,343 + $451,343
$902,686
$11,028
2021$409,500 + $410,500
$820,000
$10,124
2020$394,000 + $395,000
$789,000
$9,952
2019$374,500 + $374,500
$749,000
$9,279
2018$374,500 + $374,500
$749,000
$9,307
2017$327,000 + $327,000
$654,000
$8,147
2016$308,000 + $308,000
$616,000
$7,648
2015$287,000 + $288,000
$575,000
$7,161
2014$287,000 + $288,000
$575,000
$7,327
2013$237,000 + $238,000
$475,000
$6,135
2012$204,000 + $205,000
$409,000
$5,498
2010$204,000 + $205,000
$409,000
$5,525
2009$371,943 + $371,943
$743,886
$9,403
2009$204,000 + $205,000
$409,000
$9,403
2008$364,650 + $364,650
$729,300
$9,002
2007$357,500 + $357,500
$715,000
$8,705

Listing removed 2024-07-25
$0
CRMLS
Listed 2024-07-24
$995,000
TheMLSCLAW
Listed 2024-04-10
$1,000,000
CRMLS
Listing removed 2023-02-18
$999,900
CRISNET
Listing removed 2023-02-18
$999,900
CRISNET
Listing removed 2023-02-01
$999,900
CRISNET
Listing removed 2023-02-01
$999,900
CRISNET
Listed 2022-08-17
$999,900
CRISNET
Listed 2022-08-17
$999,900
CRISNET
Sold 2007-02-17
$719,000
CRISNET
Sold 2006-08-30
$715,000
Public Record
Sold 2003-04-30
$352,000
Public Record
Sold 1993-05-27
$170,000
Public Record

Total Square Feet Living: 2542
Year Built: 1975
Common Walls: Detached/No Common Walls
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 49
Levels or Stories: 1
Building Total Stories: 1
Structure Type: Detached
House Style: Traditional
Year Built Source: Vendor Enhanced
Architectural Style: Traditional

Garden Grove Elementary School is a public elementary school located approximately 0.2 miles away.
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Northridge Middle School is a public middle school located approximately 1.2 miles away.
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Reseda Senior High School is a public middle and high school located approximately 1.2 miles away.
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St. Catherine Of Siena School is a private elementary and middle school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.