ActiveCondominium

7240 Shirley Avenue 103

Reseda, CA, 91335

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$499,000

MLS: 226002710

Beds

3

Baths

3

Sq Ft

1,390

Lot

0.65 ac

Year Built

1980

MLS #

226002710

Days on Market

6

Listed

Jun 10, 2026

Description

Investor Opportunity in the Heart of Reseda! Spacious 3 bedroom, 2.5 bath townhome offering approximately 1,300 sq. ft. with a long-term tenant already in place, providing immediate rental income from day one. Current lease runs through August 31, 2027, making this an attractive turnkey investment opportunity for buyers seeking cash flow and stability. Property is being sold with tenants in possession. Due to tenant occupancy, the home may not be presented in model condition and will be shown by appointment only after coordinating with occupants. No open houses. Conveniently located near shopping, dining, schools, and major transportation routes. Great opportunity to acquire an income producing property at an attractive price point. Buyer to cooperate with existing lease terms.

Location

Reseda, Los Angeles County, CA 91335

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Listed by: Todd Riccio · Pinnacle Estate Properties, Inc.

Payment estimate

$4,401

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $49,900 · Loan: $449,100

%

Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$2,845
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
HOA dues
$550
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Jun 11, 2026

30-year fixed
6.52%
15-year fixed
5.84%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Reseda home with as little as 3.5% down using an FHA loan — roughly $17,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Reseda, CA 91335 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.