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About This Home

This 3-bedroom, 3-bathroom condo at 7240 Shirley Avenue in Reseda, CA is listed for $499,000 ($359 per sqft). Built in 1980, the home offers 1,390 sqft of living space on a 0.65 acres lot.

Agent 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.

Key Features

  • Built in 1980
  • 0.65 acre lot
  • 2 stories
  • 2 parking spaces
  • Private pool
  • Fireplace

Property Details

2 stories
2 full, 1 half
2 spaces
#103
1980

Amenities

PoolFireplaceA/C

Monthly Cost Estimate

$3,219/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146
HOA$550

Estimates only. Actual payments may vary.

Location

7240 Shirley Avenue

Reseda, CA 91335

Features & Amenities

Interior Features

Open Floorplan

Property Details

Flooring

CarpetSimulated wood

Parking

GuestGarageGarage - Attached

Heating

CentralFireplace(s)

Cooling

Central AirCeiling Fan(s)

Appliances

Gas CooktopDishwasherRefrigeratorWasherDryer

Questions & Answers

This 3-bedroom, 3-bathroom condo at 7240 Shirley Avenue is listed at $499,000 ($359/sqft). The estimated monthly payment is $2,712 based on 20% down at 6.5% interest.

HOA fees are $550/month.

Key features include: Built in 1980, 0.65 acre lot, 2 stories, 2 parking spaces, Private pool, Fireplace. Interior Features: Open Floorplan.

This property is listed by Todd Riccio and can be reached at (818) 993-7370 or pinnaclebor@pinnacleestate.com.

TR

Todd Riccio

Agent at Pinnacle Estate Properties, Inc.

(818) 993-7370

Listed by Pinnacle Estate Properties, Inc. · View on Broker Site

MLS# 226002710· Source: listhub· Updated 1 days ago

Copyright © 2026 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7240 Shirley Avenue, Reseda, CA 91335

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