2 months on rocket

7518 Amigo Ave, Reseda, CA, 91335

$949,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,027 SqFt
$468/SqFt
Multi

Location

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7518 Amigo Ave, Los Angeles$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1948
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewNone
MLS #SR24179606
Lot Size0.14 Acres
StatusActive

About 7518 Amigo Ave

FHA Assumable Loan at 4.65% with less than 15% down! Welcome to that great home, multigenerational living, house hack or investment property. Ample outdoor spaces for quality of life. Plenty of off-street parking in a great neighborhood pocket where you can easily get to shops and restaurants. The home has paid off solar panels! The vacant main home with an open floor and 3 bedrooms and 2 bathrooms is 1,344 square feet. The permitted recently updated 2 BEDROOM Accessory Dwelling Unit with vaulted ceilings is 683 sq. ft., currently rented out and will be sold with tenants in place paying market rents. The ADU has its own washer/dryer hook ups and its own yard space, making it private and checks all the boxes someone would want in a second unit. Sellers will pay a concession towards Buyer's Broker and/or closing costs. FHA and Freddie Mac guidelines allow the ADU income to help qualify and have the construction financed through the FHA 203(k) program (buyer to​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​‌​​​‌​​​​‌‌‌​​​ verify).

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 2,027 SqFt

Listing Office:

  • Office Name: LAMERICA Real Estate
  • Office Phone: (818) 382-3300
  • Listing Agent: Richard Albert

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Flooring Type: Carpet, Wood
  • Interior: Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading south on Reseda Blvd from Northridge, turn west on Saticoy, then south on Amigo.

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $468/SqFt

Tax Information:

  • Annual Amount: $2,211
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

7518 Amigo Ave vs Los Angeles

70 DAYS ON ROCKET

+32 Days

$949,000

-$74.4K Less

$468/SqFt

-$173 Less

KEY TAKEAWAY

This property is $74.4K less than the Median Sold Price and $173/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24179606

Listing Office:

  • Office Name: LAMERICA Real Estate
  • Office Phone: (818) 382-3300
  • Listing Agent: Richard Albert

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 14, 1998Home Sold
$116,000
May 03, 1991Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,211$167,985
2020$2,148$166,263
2019$2,052$163,004
2018$2,007$159,809
2017$2,007$156,677

History based on county public records data.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-356305
3
/10

  • Reseda Elementary

  • 7265 Amigo Ave

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-356306
3
/10

  • Blythe Street Elementary School

  • 18730 Blythe St

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-356307
6
/10

  • Garden Grove Elementary

  • 18141 Valerio St

  • 0.54 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,514. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›91335›7518 Amigo Ave

This home is located at 7518 Amigo Ave in Reseda, CA and zip code 91335 in the Reseda neighborhood. This 2,027 square foot home, which was built in 1948, sits on a 0.14 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $949,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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