$806,000
●
House -
Off Market
6706 Melvin Avenue
Reseda, CA 91335
3 Beds
1 Bath,
1
Half Bath
1,325 Ft²
$3,929
Est. Monthly
About This Property
Attention All Reseda Tarzana Buyers & Agents! Wait Till You See
This Fantastic Upgraded Home In An Excellent Neighborhood! Custom
Features! Crown Moldings! Beautiful Hardwood Floors! Recessed
Lighting! Ceiling Fans! New Roof In 2020! New A/C In 2022 With All
New Vents & Lines! Garage is Tiled Floored & Drywalled Could Be An
Extra Room Or Office! This Home & Location Sells Itself!
Outstanding Open Floor Plan! Lovely Living Room With Fireplace!
Fabulous Family Room! Gorgeous Granite Cook's Kitchen With
Stainless Steel Appliances & Lots Of Storage! Entertainer's Sized
Backyard With Covered Patio! Excellent Location! Close To
Everything! If You Are Only Seeing One Sensational Home In The
Price Range, Make Sure 6706 Melvin Ave Is It! Must See! Do Not
Miss! Reseda Tarzana Living At Its Best!
Unit Size
1,325 Ft²
Days on Market
34 days
Land Size
0.14 acres
Price per sqft
$604
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #SR25144311)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Price Decreased |
$799,999
↓ $45K
(5.3%) | |
| Price Decreased | |||
| Jun 27, 2025 | Listed by Represented By | $845,000 | |
| Listed by Represented By | |||
| Apr 10, 2025 | Listed | $849,999 | |
| Listed | |||
| | |||
|
Attention All Reseda Tarzana Buyers & Agents! Wait Till You See This Fantastic Upgraded Home In A Excellent Neighborhood! Custom Features! Crown Moldings! Hardwood Floors! Recessed Lighting! Ceiling Fans! New Roof In 2020! New A/C In 2022 With All New Vents & Lines! Garage is Tiled Floored & Drywalled Could Be An Extra Room Or Office! Outstanding Open Floor Plan! Lovely Living Room With Fireplace! Fabulous Family Room! Gorgeous Granite Cook’s Kitchen With Stainless Steel Appliances & Lots Of Storage! Entertainer’s Sized Backyard With Covered Patio! Excellent Location! Close To Everything! If You Are Only Seeing One Sensational Home In The Price Range, Make Sure 6706 Melvin Ave Is It! Must See! Do Not Miss! Reseda Tarzana Living At Its Best!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Valley
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Listed by: Mike Glickman, Represented By
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR25144311
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR25144311
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