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A rare development opportunity meets turnkey luxury in prime Reseda Ranch, set back on a picturesque tree lined street and fully gated for complete privacy on a massive 21,780 square foot flat and usable lot. The property is being offered with approved RTI plans to build three additional units totaling 12 bedrooms, 6 bathrooms, and over 6,000 square feet of living space, creating an extraordinary income generating compound or high density investment. The existing primary residence has been beautifully and completely remodeled, featuring more than 2,400 square feet of light filled living space with 4 ample bedrooms and 2 stylish bathrooms. A grand circular driveway leads to a welcoming covered front porch, opening to an expansive layout highlighted by new interior and exterior paint, new designer floors throughout, recessed lighting, and a modern kitchen with stainless steel appliances. Upgraded with copper plumbing and newer electrical, this unique estate delivers move in ready comfort today with immediate, massive upside potential to build tomorrow.
Listing agent: Michael Melik-Bakchian DRE #01914624 MRRealty818@gmail.com, Listing office: LA Premier Realty, Inc.
MLS data updated 10/16/2026, 10:32:03 PM PT
Source: CRMLS, MLS #: SR26194557
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 3, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,599,000Original asking price · Sep 3, 2026ZIP 91335 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.