7518 Amigo Avenue, Reseda, CA 91335

$999,000 Asking Price

5 beds
3 baths
2,027  sqft
Built in 1948

FHA Assumable Loan at 4.65% with less than 15% down! Welcome to that great home, multigenerational living, house hack or investment property. Ample outdoor spaces for quality of life. Plenty of off-street parking in a great neighborhood pocket where you can easily get to shops and restaurants. The home has paid off solar panels! The vacant main home with an open floor and 3 bedrooms and 2 bathrooms is 1,344 square feet. The permitted recently updated 2 BEDROOM Accessory Dwelling Unit with vaulted ceilings is 683 sq. ft., currently rented out and will be sold with tenants in place paying market rents. The ADU has its own washer/dryer hook ups and its own yard space, making it private and checks all the boxes someone would want in a second unit. Sellers will pay a concession towards Buyer's Broker and/or closing costs. FHA and Freddie Mac guidelines allow the ADU income to help qualify and have the construction financed through the FHA 203(k) program (buyer to verify).

Features & Amenities

Interior

Laundry:
Inside
Flooring:
Carpet,Wood
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 0

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LAR1, 2118011011
View:
N/K

Utilities

Utilities:
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
LAMERICA Real Estate, Richard Albert

About Reseda, CA

Housing

Number of Units
23,900
Median Home Value
$548,588
Median Rent
$1,425

52.22% of housing units are renter occupied.

3.32% are vacant.

Commute

Car
68.91%
Public Transportation
3.83%
Walk to Work
1.36%
Work from Home
24.06%
Other
1.26%

The median travel time to work is 27 minutes.

People

Population
75,244
Median Age
37.80
Median Household Size
3.32

Education

High School
22.21%
Associate’s Degree
7.17%
Bachelor’s Degree
20.05%
Graduate Degree
8.71%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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