Say hello to what is arguably the best deal in Reseda for a single family residence. Priced to sell, this home will not last long on the market. It is in good condition with a 5 yr old roof and updated plumbing and electrical. It also has central heat and air and a very large back yard. On top of all that, the attached 230 sq ft garage is an opportunity to either convert it into a master suite, or an ADU. Either of these things are possible due to their being plenty of parking on the property over and above the garage (buyer to do own due diligence on this. ) But, with or without those upgrades, you have a fantastic deal on a 2 bed home just under 1300 sq ft for under $500,000
Single-familyProperty Type
1952Year Built
6,742 sq ftLot Size
$598Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Ken Shapiro•DRE #01715663• Silverwood Properties
•818-237-6963 (agent)
•kenhshapiro@gmail.com (agent)
Listed by Kate Courtney•DRE #02039887• Silverwood Properties
•818-495-2235 (agent)
•kateemailz@gmail.com (agent)
Bought with Orna Saghian•DRE #01957148• Pinnacle Estate Properties, Inc.
Short Sale. Two bedroom, one bath ranch style home sold as-is, nothing has been updated. Drive by only.
CRMLS #SR15026622
May 9, 2015
Sold
$275,000
$213/sq ft
Feb 11, 2015
Pending
—
Feb 6, 2015
Listed
$333,000
$258/sq ft
Short Sale. Two bedroom, one bath ranch style home sold as-is, nothing has been updated. Drive by only. Do not disturb tenant.
Public Records
May 23, 2007
Sold
$427,000
$331/sq ft
CRMLS #30001962
Mar 30, 2007
Delisted
—
Mar 29, 2007
Listed
*
Jan 30, 2007
Listed
$425,000
$330/sq ft
CRMLS #W682621
Jan 31, 2007
Listing Removed
—
Jan 26, 2007
Listed
$439,000
$341/sq ft
Public Records
Oct 31, 2000
Sold
$172,000
$133/sq ft
Public Records
Dec 31, 1979
Sold
$61,500
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,259 (+1.5%)
$476,269 + $119,066
$595,335
2024
$7,154 (+2.0%)
$476,269 + $119,066
$595,335
2023
$7,015 (+4.9%)
$466,931 + $116,732
$583,663
2022
$6,687
$457,776 + $114,444
$572,220
2021
$6,684 (+34.8%)
$448,800 + $112,200
$561,000
2020
$4,959 (+4.0%)
$440,000 + $110,000
$550,000
2019
$4,766 (+1.3%)
$316,068 + $79,016
$395,084
2018
$4,707 (+2.3%)
$309,871 + $77,467
$387,338
2017
$4,603 (−6.9%)
$297,840 + $74,460
$372,300
2016
$4,944 (+8.9%)
$297,840 + $74,460
$372,300
2015
$4,540 (+2.5%)
$241,000 + $162,000
$403,000
2014
$4,430 (+27.2%)
$210,000 + $141,000
$351,000
2012
$3,483 (+1.3%)
$172,000 + $115,000
$287,000
2011
$3,438 (−1.8%)
$157,700 + $105,300
$263,000
2010
$3,501 (+4.0%)
$157,700 + $105,300
$263,000
2009
$3,367 (−48.1%)
$157,700 + $105,300
$263,000
2008
$6,493
$157,700 + $105,300
$263,000
Tax history for 7037 Rhea Ave
Year
Property tax
Land + Additions
Assessment*
2025
$7,259 (+1.5%)
$476,269 + $119,066
$595,335
2024
$7,154 (+2.0%)
$476,269 + $119,066
$595,335
2023
$7,015 (+4.9%)
$466,931 + $116,732
$583,663
2022
$6,687
$457,776 + $114,444
$572,220
2021
$6,684 (+34.8%)
$448,800 + $112,200
$561,000
2020
$4,959 (+4.0%)
$440,000 + $110,000
$550,000
2019
$4,766 (+1.3%)
$316,068 + $79,016
$395,084
2018
$4,707 (+2.3%)
$309,871 + $77,467
$387,338
2017
$4,603 (−6.9%)
$297,840 + $74,460
$372,300
2016
$4,944 (+8.9%)
$297,840 + $74,460
$372,300
2015
$4,540 (+2.5%)
$241,000 + $162,000
$403,000
2014
$4,430 (+27.2%)
$210,000 + $141,000
$351,000
2012
$3,483 (+1.3%)
$172,000 + $115,000
$287,000
2011
$3,438 (−1.8%)
$157,700 + $105,300
$263,000
2010
$3,501 (+4.0%)
$157,700 + $105,300
$263,000
2009
$3,367 (−48.1%)
$157,700 + $105,300
$263,000
2008
$6,493
$157,700 + $105,300
$263,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
6,744 Sq. Ft.
Year renovated
1952
Sq. Ft.
1,289
Year built
1952
Style
Single Family Residential
County
Los Angeles County
APN
2126012006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 29, 2026.
Nov 12, 2025 • Active
Bldg-alter/repair
Revise the roof framing and floor plan.
Remodel
Aug 12, 2025 • Active
Bldg-alter/repair
Revise the square footage for a single-family home and remove the fire sprinkler requirement.
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
1 Car Garage, Driveway
# of Garage Spaces: 1
Parking
# of Parking Spaces (Total): 5
# of Open Other Spaces: 4
Interior
Bathroom Information
# of Baths (Full): 1
Laundry Information
Other (See Remarks)
Additional Rooms
Other Room
Flooring Information
Carpeted Floors, Tile Floors
Equipment
Dishwasher, Hood Fan, Range/Oven
Heating & Cooling
Central Cooling
Central Heat
Exterior
Building Information
Total Floors: 1
Detached
Detached/No Common Walls
Property Information
Property Type: Residential Single-Family
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 6,742
Lot Size (Acres): 0.1548
Lot Size Dimensions: 50 x 135
Zoning: LAR1
Property Features
Has View
View: Trees/Woods
Financial
Assessment Information
Assessor Parcel Number: 2126-012-006
Location
Location Information
Directions: Google Maps.
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,289
Stories: —
Lot Size: 6,744 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: 1952
County: Los Angeles County
APN: 2126012006
Home facts updated by county records on Aug 29, 2026
Other
Documents & Disclosures
Disclosures: As Is
Around this home
Schools
Reseda Elementary School
Public K-5 • Assigned • 0.4mi
7/10
William Mulholland Middle School
Public 6-8 • Assigned • 2.1mi
6/10
Reseda Senior High School
Charter 6-12 • Assigned • 1.0mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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