Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

7719 Nestle Avenue

Reseda, CA, 91335

1 / 40View all 40 photos

$1,375,000

MLS: CV25122105

Beds

6

Baths

5

Sq Ft

2,435

Lot

0.16 ac

Year Built

1950

MLS #

CV25122105

Days on Market

151

Listed

Jun 2, 2025

Description

Exceptional Investment Opportunity – Three Homes on One Lot in Prime Reseda Location! 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.

Location

Reseda, Los Angeles County, CA 91335

Open on Google Maps ↗

Listed by: Yolanda Cortez · WERE REAL ESTATE

Payment estimate

$9,851

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $137,500 · Loan: $1,237,500

%
Principal & Interest
$7,603
Property tax (1.25%)
$1,432
Homeowners insurance
$300
Mortgage insurance
$516
Open the full calculator →

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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

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

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 $48,125 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.

Similar Homes Nearby

Active and pending listings in ZIP 91335 (Reseda) within ±10% of this home's price and size.

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

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access