4 months on rocket

7543 Chimineas Ave, Reseda, CA, 91335

$995,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,542 SqFt
$391/SqFt
House

Location

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7543 Chimineas Ave, Los Angeles$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage
Year Built1975
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights
MLS #24418417
Lot Size0.22 Acres
StatusActive

About 7543 Chimineas Ave

Presenting an unparalleled investment opportunity to acquire two prime multifamily properties in the heart of the San Fernando Valley: 14739 Delano Street, Van Nuys, and 7543 Chimeneas Avenue, Reseda. Offered together for $2.75M (14739 Delano Street available separately for $1.75M), these properties provide substantial income potential.14739 Delano Street spans 6,908 sq. ft. on a 7,503 sq. ft. lot, featuring 11 bedrooms and 8 bathrooms with a current gross rent of $12,800/month and a GRM of 11.3, promising future rental growth. The property's attractive unit mix of five two-bedroom units and three one-bedroom units ensures strong tenant retention. Its strategic location near Van Nuys Village shopping, dining, and the upcoming East San Fernando Valley Light Rail line adds unmatched convenience and appeal.7543 Chimeneas Avenue, nestled in a peaceful cul-de-sac in Reseda, offers two legal units with potential for versatile use----live in one, rent the other, or lease both. The front unit is currently renting for $2,600/month, and the back unit is renting for $1,800/month. The main house includes central A/C, an enclosed porch, and a two-car detached garage with ADU potential. The secondary unit features two bedrooms, one bathroom, a private backyard, and a spacious porch. Located close to schools, local dining, and major transit routes, this property complements the Delano asset to create a well-rounded, high-potential investment package.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1975
  • Stories: 1
  • Living Area: 2,542 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Sally Forster Jones

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dryer, Washer
  • Flooring Type: Carpet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights

Parking Information:

  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Crossroads: Lindley Ave and Sherman Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $391/SqFt

Tax Information:

  • Annual Amount: $10,125
  • 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

1346

7543 Chimineas Ave vs Los Angeles

147 DAYS ON ROCKET

+109 Days

$995,000

-$26.5K Less

$391/SqFt

-$249 Less

KEY TAKEAWAY

This property is $26.5K less than the Median Sold Price and $249/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: #24418417

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Sally Forster Jones

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: 12/17/2024, 11:20:57 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 30, 2006Home Sold
$715,000
Apr 30, 2003Home Sold
$352,000
May 27, 1993Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,125$820,000
2020$9,279$789,000
2019$9,307$749,000
2018$8,148$749,000
2017$8,148$654,000

History based on county public records data.

Payment Calculator

$5,034

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-4265974
6
/10

  • Garden Grove Elementary

  • 18141 Valerio St

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-4265975
3
/10

  • Reseda Elementary

  • 7265 Amigo Ave

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-4265976
3
/10

  • Bertrand Avenue Elementary School

  • 7021 Bertrand Ave

  • 0.70 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 $52,486. The majority of Los Angeles, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7543 Chimineas Ave

What is the listing price of this property?

The listing price of 7543 Chimineas Ave property is $995,000.

What type of property is this?

The property 7543 Chimineas Ave is a house located in Reseda, California, 91335.

Is this property for sale now?

Active Listing: 7543 Chimineas Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,125 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 30, 2006 for $715,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7543 Chimineas Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7543 Chimineas Ave is 2,542 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7543 Chimineas Ave is 1975.

Rocket Homes›California›Los Angeles County›Los Angeles›91335›7543 Chimineas Ave

This home is located at 7543 Chimineas Ave in Reseda, CA and zip code 91335 in the Reseda neighborhood. This 2,542 square foot home, which was built in 1975, sits on a 0.22 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $995,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

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

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