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7719 Yolanda Avenue
About This Property
Discover the potential of this Reseda property, perfect for investors, developers, or buyers looking for a renovation or rebuild opportunity. Situated on a generous lot in a desirable neighborhood, this 2-bedroom, 1-bath home offers 1,410 SqFt of existing living space with an attached 2-car garage, making it an excellent foundation for expansion.
The home is in need of repairs and updating throughout, presenting the ideal chance to remodel to your taste, add value, or completely reimagine the space. The sizable backyard provides ample room for an ADU, junior ADU, or possible SB 9 lot split (buyer to verify), creating incredible potential for rental income or multi-generational living.
Surrounded by established homes on a quiet street and located close to schools, parks, shopping, and major freeways, this property offers both convenience and long-term upside. Whether you're planning a full renovation, a tear-down rebuild, or an investment project, this Reseda fixer is a rare opportunity with unlimited possibilities.
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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 |
|---|---|---|---|
| Feb 19, 2026 | Sold | ||
| Sold | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Nov 18, 2025 | Listed by JohnHart Real Estate | $1,600,000 | |
| Listed by JohnHart Real Estate | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017