For sale Home

Listed Aug 6, 2026

$1,000,000 Est. $6,614/mo

7528 Newcastle Avenue

  • 5

    Beds

  • 4

    Baths

  • 2,355

    Sq ft

The story

Motivated Seller! Incredible investment opportunity with immediate income potential. This well-maintained Reseda property offers a rare combination of versatility, functionality, and value with a permitted attached ADU, making it ideal for investors, owner-occupants looking to offset their mortgage, or multi-generational living.The property features a beautifully remodeled 4-bedroom, 3-bathroom main residence plus an approximately 600 sq. ft. attached 1-bedroom, 1-bathroom ADU, creating multiple options for rental income or flexible living arrangements. An added bonus, the primary suite has its own private entrance, offering the potential for a home office, guest suite, or an additional rental opportunity.The main home offers a spacious living room with a decorative fireplace, a versatile den, and a primary suite with direct access to the backyard through a private sliding door.The attached ADU feels bright and spacious with vaulted ceilings, three skylights, a large kitchen island, and its own dedicated laundry. Modern convenience continues throughout the property with standing showers in three bathrooms, separate gas and electric meters for each unit (water and sewer are shared), and individual laundry for both residences.Outside, enjoy a covered patio, grassy yard, and a mature avocado tree, creating a private outdoor retreat. Whether you're looking to generate rental income, accommodate extended family, or maximize your investment, this move-in-ready property delivers exceptional flexibility and long-term value.

Facts & features

Home type

Home

Year built

1955

Floors

1

Price per sq ft

$425

Included features

  • Fireplace

    Yes

  • Cooling

    Central Air

  • Heating

    Central, Wall Furnace

  • Appliances

    Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

  • Flooring

    Laminate

Mortgage calculator

Estimated monthly payment

$6,614 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $5,322
  • Property tax $1,000
  • Insurance $292

Includes principal, interest, taxes & insurance.

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Listing Broker

Compass

Broker Name

Compass

Agent

Stefanie Pollack

Location

Studio City CA 91604