15
Map
$800,000
●
House -
Off Market
7322 Lindley Avenue
Reseda, CA 91335
4 Beds
3 Baths
1,630 Ft²
$4,317
Est. Monthly
About This Property
Welcome to this unique residential opportunity, perfectly suited
for savvy investors, multi-generational families, or anyone looking
to offset their mortgage with rental income. This fully permitted
property features two distinct living spaces with separate
entrances, offering incredible flexibility.The Main Home:Step into
a bright, move-in-ready 2-bedroom, 1-bathroom home featuring
low-maintenance tiled flooring throughout. The functional layout
includes an inviting eat-in kitchen area and a dedicated indoor
laundry room--complete with a washer and dryer--conveniently
located just off the kitchen. Outside, the expansive backyard
serves as your private oasis, offering the perfect canvas for
outdoor entertainment, gardening, or relaxation.The Attached
ADU:The fully permitted, attached Accessory Dwelling Unit (ADU)
boasts 2 spacious bedrooms and 2 bathrooms. Currently configured
with its own private entrance, it is ideal for generating immediate
rental income or housing extended family.The Opportunity:Because
the ADU is attached, the property offers the unique ability to
easily reconnect both units, transforming the space into a grand
4-bedroom, 3-bathroom single-family residence.Whether you choose to
lease one and live in the other, maximize your cash flow by renting
both, or create one large cohesive home, the possibilities here are
endless. Schedule your viewing today and explore the potential!Key
Highlights for Agents (Agent Remarks / Bullet
Points):Configuration: 2BR/1BA Main Home + 2BR/2BA Attached
ADU.Flexibility: Easily combinable into a large 4-bedroom,
3-bathroom home.Status: ADU is fully permitted; main home is
move-in ready.Flooring: Tiled throughout for durability and easy
cleaning.Amenities: Large entertaining backyard, eat-in kitchen,
dedicated laundry room with appliances included.Income: Dual income
potential or perfect for multi-generational living.
Unit Size
1,630 Ft²
Days on Market
70 days
Land Size
-
Price per sqft
$539
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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Cap Rate Calculator
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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: 4 months ago (CRMLS #226002398)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 19, 2026 | In contract | - | |
| In contract | |||
| May 22, 2026 | Listed by Keller Williams Westlake Village | $879,000 | |
| Listed by Keller Williams Westlake Village | |||
| Oct 24, 2025 | Listed | $1,095,000 | |
| Listed | |||
| | |||
|
Income-Producing Property with Expansion Potential!This rare opportunity features two fully independent homes on one lot--ideal for investors or owner-occupants looking to generate passive income or offset their mortgage. Main Residence Highlights:2 bedrooms, 1 bathroomWood-look tile flooring for a modern touchBright interior with sliding doors leading to the backyardLaundry area off the kitchen with side yard accessOne parking space available ADU (Accessory Dwelling Unit) Features:2 bedrooms, 2 bathroomsConverted garage serves as a spacious primary suite with en-suite bathWood-style flooring throughoutPrivate entrance and fenced separation from the main homeFull-size laundry appliances located in hallway between bedroomsSmart layout with bedrooms separated by central living and kitchen areasCurrently rented at market rate for immediate cash flowOne parking space available Outdoor & Utility Details:Expansive backyard with potential to add additional units (buyer to conduct their own investigation in regard)Separate electrical meters for each unitSub water meter installed for the ADUNo separate gas meter. Both units share same meter📸 Floor plan available in the photo gallery for your convenience.
| |||
| Sep 8, 2025 | Listed | $1,195,000 | |
| Listed | |||
| | |||
|
Income-Producing Property with Expansion Potential!This rare opportunity features two fully independent homes on one lot--ideal for investors or owner-occupants looking to generate passive income or offset their mortgage. Main Residence Highlights:2 bedrooms, 1 bathroomWood-look tile flooring for a modern touchBright interior with sliding doors leading to the backyardLaundry area off the kitchen with side yard accessOne parking space available ADU (Accessory Dwelling Unit) Features:2 bedrooms, 2 bathroomsConverted garage serves as a spacious primary suite with en-suite bathWood-style flooring throughoutPrivate entrance and fenced separation from the main homeFull-size laundry appliances located in hallway between bedroomsSmart layout with bedrooms separated by central living and kitchen areasCurrently rented at market rate for immediate cash flowOne parking space available Outdoor & Utility Details:Expansive backyard with potential to add additional units (buyer to conduct their own investigation in regard)Separate electrical meters for each unitSub water meter installed for the ADUNo separate gas meter. Both units share same meter📸 Floor plan available in the photo gallery for your convenience.
| |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Orna Eilon, Keller Williams Westlake Village
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 226002398
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 226002398
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