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.
For sale
$499,000
7240 Shirley Ave Unit 103, Reseda, CA 91335
3beds
1,390sqft
:
Get pre-qualified$3,847/mo
Condominium
Built in 1980
-- sqft lot
$488,700 Zestimate®
$359/sqft
$550/mo HOA
What's special
- 48 days |
- 393 |
- 15 |
Zillow last checked:
Listing updated:
Listed by:
Todd Riccio DRE #01878246 805-660-7638,
Pinnacle Estate Properties, Inc.,
Grizelda Mejia DRE #01778534 818-749-8046,
Pinnacle Estate Properties, Inc.
Source: CSMAOR,MLS#: 226002710
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Central Furnace, Fireplace(s)
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
- Laundry: In Unit, Laundry Closet
Features
- Open Floorplan, Tile Counters
- Flooring: Carpet, Wood/Wood Like
- Doors: Sliding Glass Door(s)
- Has fireplace: Yes
- Fireplace features: Raised Hearth, Living Room, Gas
Interior area
- Total structure area: 1,390
- Total interior livable area: 1,390 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Attached, Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main Level
- Has private pool: Yes
- Pool features: Association
Lot
- Size: 0.65 Acres
Details
- Parcel number: 2116018154
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 1980
Utilities & green energy
- Water: District/Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: Yes
- Amenities included: Guest Parking
- Services included: Building & Grounds, Cable TV, Trash, Water
- HOA fee: $550 monthly
- HOA name: Shirley North Townhomes
- HOA phone: 818-414-1207
Location
- Region: Reseda
Financial & listing details
- Price per square foot: $359/sqft
- Tax assessed value: $207,921
- Annual tax amount: $2,687
- Date on market: 6/10/2026
- Cumulative days on market: 49 days
- Listing terms: New,Conventional,Cash
Estimated market value
$488,700
$464,000 - $513,000
$3,451/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for sale | $499,000+269.6%$359/sqft |
Source:  CSMAOR #226002710 Report a problem | ||
| 7/10/2000 | Sold | $135,000+40.6%$97/sqft |
Source: Public Record Report a problem | ||
| 7/26/1996 | Sold | $96,000$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,687 +5% | $207,921 +2% |
| 2024 | $2,560 +1.9% | $203,845 +2% |
| 2023 | $2,512 +4.9% | $199,849 +2% |
| 2022 | $2,395 +1.6% | $195,931 +2% |
| 2021 | $2,358 -0.8% | $192,090 +1% |
| 2020 | $2,377 | $190,121 +2% |
| 2019 | $2,377 +5.5% | $186,394 +2% |
| 2018 | $2,252 | $182,740 +2% |
| 2017 | $2,252 +2.4% | $179,158 +2% |
| 2016 | $2,201 +3% | $175,646 +1.5% |
| 2015 | $2,136 +0.9% | $173,009 +2% |
| 2014 | $2,117 | $169,621 +2.5% |
| 2012 | -- | $165,545 +2% |
| 2011 | -- | $162,300 +0.8% |
| 2010 | -- | $161,088 -0.2% |
| 2009 | -- | $161,471 +2% |
| 2008 | -- | $158,306 +2% |
| 2007 | -- | $155,203 +2% |
| 2006 | -- | $152,161 |
| 2005 | -- | $152,161 +4% |
| 2004 | -- | $146,253 +1.9% |
| 2003 | -- | $143,574 +2% |
| 2002 | -- | $140,760 +0.3% |
| 2000 | -- | $140,399 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Reseda
Nearby schools
GreatSchools rating
- 5/10Melvin Avenue Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10John A. Sutter Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Reseda Senior High SchoolGrades: 6-12Distance: 1.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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