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7719 Nestle Avenue
About This Property
Unlock the potential of this rare income-generating property located in the heart of Reseda. Featuring three separate homes on one lot, each with its own address and individual electric and gas meters, this is an ideal opportunity for savvy investors or owner-occupants seeking additional income.
The front home is perfect for owner occupancy, while the two rear units are already leased, providing immediate and stable cash flow. Whether you choose to live on-site or rent out all three residences, this property offers outstanding flexibility and value.
Each home is professionally managed and has been well maintained, showcasing modern finishes, thoughtfully designed floor plans, and amenities that consistently attract quality tenants.
Don't miss your opportunity to own a long-term investment and multi-generational living.
Property Features:
Stainless steel appliances
Central air conditioning & gas heating
Recessed LED lighting throughout
Double-pane energy-efficient windows
Beautifully landscaped front and back yards with automatic sprinkler systems
Private, separate entrances for each home
Paid off Solar panels on ADU
Whether you're expanding your portfolio or entering the Reseda market, this property stands out with excellent upside potential.
1. Main House 7719, 3 bed/2 bath, 1,160 Sqft. 2.(ADU) 7723, 3 bed/3 bath Two Story Home, 1,200 Sqft with paid off solar panels
3. (Jr. ADU) 7721 studio, 1 bathroom, 361 Sqft.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2025 | Listed by Nest Realty Covina | $1,375,000 | |
| Listed by Nest Realty Covina | |||
| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by Century 21 Plaza | $1,297,777 | |
| Listed by Century 21 Plaza | |||
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Three Homes in One Lot in RESEDA... YES Three Houses...| Absolute Gorgeous Properties | Very Distinctive Modern Homes Brilliantly Designed | Presenting Three Homes on One Large Lot | Main House 7719 Nestle Ave 3+2 with 1160 Sqft. & Second Home 7723 Nestle Ave is 3+3 Two Story Home (ADU) Brand New Construction Built 2022 With 1200 Sqft. It Includes 2 Large Master Bedrooms upstairs with Own Bath and one Large Bedroom Downstairs | Third House is 7721 Nestle Ave offers 1+1 with 361 SQFT. | Very Good Size lot 7132 Sqft.| Offers a Gorgeous Open Floor Plan | Stunning State of the Art Custom Kitchen that Offers a Beautiful Island Kitchen with Quartz Engineer Stone Counter Tops| The Chef of the House will Enjoy the Abundant Cabinetry that Comes with Durable Stainless Steel Appliances, Range Stove Plus Dish Washer all Included | Recessed Lighting LED Throughout the Three Houses | Large Master Bedroom with Walk-In Closet and Full bath | Brand New Double Pane Windows | Laminated Wood Floors| Central Air & Central Gas Heating| New Landscape front and Back including New Automatic Sprinkler System| Central Air & Heat | Brand New Roof for all Three Properties.| New Double Pane Windows | All Three with Separate Address, Electric & Gas Meters. | Excellent Income Property an Estimate of $8350 Per month.
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| Nov 3, 2021 | No longer available | - | |
| No longer available | |||
| Oct 16, 2021 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017