7240 Shirley Avenue, 103, Reseda, CA 91335 (MLS# 226002710)

7240 Shirley Avenue, 103, Reseda, CA 91335

$499,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,390 Lot Size (sq. ft.): 28,395 Status: Active

Current Price: $499,000 List Date: 6/10/2026 Last Modified: 6/10/2026

Overview

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.

Listing Details MLS# 226002710

General Property Information

# Bedrooms: 3
Baths – Full: 2
Baths – 1/2: Yes
Approx SqFt: 1390
Baths – Total: 3
Lot Acres: 0.65
Lot SqFt: 28395
Year Built: 1980
Property Attached: Yes
ADU Y/N: No
Baths – 1/4: 0

Property Features

Land Lease Type: Fee Simple Special Conditions: Standard Terms: Cash; Conventional; New Possession: Subject to Tenants Rights Disclosures: CC & R; Homeowners Association Levels: Two Entry Location: Main Level Appliances: Dishwasher; Dryer; Refrigerator; Washer Cooking Appliances: Cooktop – Gas Kitchen Features: Open to Family Room; Tile Counters Eating Areas: Area; Dining Area Bedroom Features: All Bedrooms Up Doors: Sliding Glass Door(s) Flooring: Carpet; Wood/Wood Like Cooling Type: Ceiling Fan(s); Central A/C Pool Construction: In Ground Heating Type: Central Furnace; Fireplace Fireplace Location: Living Room Fireplace Features: Raised Hearth Fireplace Fuel: Gas Rooms: Living Room Interior Features: Open Floor Plan Laundry Locations: Area in Unit; In Closet Security Safety: Carbon Monoxide Detector(s); Smoke Detector Water: District/Public Parking Type: Garage; Garage Attached; Parking for Guests Parking Features: Garage HOA 1 Frequency: Monthly Association Amenities: Guest Parking Association Fees Include: Building & Grounds; Cable TV; Trash Paid; Water Paid

Listing Location and Property Info

Entry Date: 2026-06-10
Listing Price: 499000
Property Sub-Type: Condominium
Street #: 7240
Street Name: Shirley
Suffix: Avenue
Unit #: 103
County: Los Angeles
State/Province: CA
Zip Code: 91335
APN/Tax ID: 2116018154
Area: RES – Reseda
Country: US

Property Info

View: No
Dwelling Total Floors: 2
Entry Floor Number: Yes
Pool: Yes
Spa: No
Fireplace: Yes
Senior Community: No

HOA Information

HOA: Yes
HOA Fee 1: 550

Listing, Location and Property Info

List Price/SqFt: 358.99
Zip + 4: 3461

More Information

Land Lease Type

Fee Simple: Yes

Special Conditions

Standard: Yes

Terms

Cash: Yes
Conventional: Yes
New: Yes

Bedroom Features

All Bedrooms Up: Yes

Possession

Subject to Tenants Rights: Yes

Disclosures

CC & R: Yes
Homeowners Association: Yes

Laundry Locations

Area in Unit: Yes
In Closet: Yes

Levels

Two: Yes

Entry Location

Main Level: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Refrigerator: Yes
Washer: Yes

Interior Features

Open Floor Plan: Yes

Cooking Appliances

Cooktop – Gas: Yes

Kitchen Features

Open to Family Room: Yes
Tile Counters: Yes

Doors

Sliding Glass Door(s): Yes

Security Safety

Carbon Monoxide Detector(s): Yes
Smoke Detector: Yes

Flooring

Carpet: Yes
Wood/Wood Like: Yes

Cooling Type

Ceiling Fan(s): Yes
Central A/C: Yes

Eating Areas

Area: Yes
Dining Area: Yes

Pool Construction

In Ground: Yes

Water

District/Public: Yes

Heating Type

Central Furnace: Yes
Fireplace: Yes

Fireplace Location

Living Room: Yes

Fireplace Features

Raised Hearth: Yes

Fireplace Fuel

Gas: Yes

Rooms

Living Room: Yes

Parking Spaces/Information

Total Garage Spaces: 2
Total Parking Spaces: 2
RV: No

Parking Type

Garage: Yes
Garage Attached: Yes
Parking for Guests: Yes

Parking Features

Garage: Yes

HOA 1 Frequency

Monthly: Yes

Association Fees Include

Building & Grounds: Yes
Cable TV: Yes
Trash Paid: Yes
Water Paid: Yes

Association Amenities

Guest Parking: Yes

Listing Office: Pinnacle Estate Properties, Inc.

Listing Agent: Todd Riccio | [email protected]

Agent Email: [email protected]

Last Updated: June – 10 – 2026

Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.