Reseda CA Multi Family for Sale

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Type:
Cluster
Sq.Ft.:
7,021
Status:
Active
Beds:
10
Lot size:
0.2 Acres
Year built:
1963
Baths:
9.00
MLS#:
24470475

ADDITIONAL INFORMATION

7460 Canby Ave. is an incredible investment property located in the fense rental market of Reseda. Offering 9 units and asking only $1,950,000, this makes it one of the lowest cost of entries of any apartment building. With substantially below market rents and asking under 12 times the gross income, this gives a new buyer tremendous upside potential and immediate cash flow to start. The building consist of large units, 2 two bedroom one bath and 6 one bedroom one bath and 1 Studio. There are nine parking spaces off street for tenants and plenty of street parking. 7460 Canby Ave is perfect for the first time Buyer or for an experienced owner adding to their portfolio. The building is fully occupied, so please do not disturb the tenants.

Type:
Cluster
Sq.Ft.:
9,214
Status:
Active
Beds:
16
Lot size:
0.2 Acres
Year built:
1981
Baths:
14.00
MLS#:
24470641

ADDITIONAL INFORMATION

Located across the street from Dignity Health Northridge Hospital, and built in 1981, 8135 Reseda is a 10-unit complex that is NOT SUBJECT TO CITY OF LA RSO (AB-1482). This exemption allows for an 8.8% annual rent increase (CA max - 5% + CPI). This value-add opportunity is offered at $250,000 per unit, $271 per foot, and 11.87 GRM and 5.45% CAP on current rents. 8135 Reseda presents approx. 25% rental upside, and a future investor can reach a 7.44% CAP and 9.56 GRM, by achieving projected market rents for renovated units in the area. Situated just south of Roscoe Blvd, the complex is located across from Dignity Health Northridge Hospital, a major employer with approx. 2,000 employees, and is only 2 miles from California State University, Northridge (CSUN), home to over 38,000 undergraduate and graduate students. For those seeking additional opportunities, this property can be purchased individually or alongside 14245 Roscoe Blvd, a 6-unit complex with approx. 30% rental upside, located 0.3 miles from Panorama Mall and 1 mile from The Plant Shopping Center. Please email or call LA1 for more information.

Type:
Triplex
Sq.Ft.:
1,884
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1961
Baths:
MLS#:
SB24219919

ADDITIONAL INFORMATION

Lyon Stahl and Pacific Peak RE are pleased to exclusively represent 18713 & 18713 1/2 Vanowen in the sale of this excellent redevelopment and/or repositioning play. The property consists of 3 separate Garden Style apartments totaling 1,884 SQ FT on a 10,000+ SQ FT lot. The lot has two APN allowing for a 10 unit development utilizing SB9 guidelines, via "TUD" provisions. (Buyer to verify). The units have sizable yards which attract tenants with pets and those enjoying outdoor space. The front 1 BD + 1 BTH unit has been fully remodeled with updated kitchen, new flooring and paint throughout. In addition, 2 of the 3 units are unoccupied, allowing for buyer to either have full control of new tenants or to begin the entitlement process. The 3 BD unit has comes with washer/dryer hookups and appliances.

Type:
Triplex
Sq.Ft.:
2,522
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1954
Baths:
MLS#:
SR24198492

ADDITIONAL INFORMATION

Discover a fantastic opportunity to own a vacant 3-unit property in the heart of Reseda. The main home at 6852 Claire is a fully renovated single-family residence featuring 4 bedrooms, 2 baths, and over 1,500 sq. ft. of bright, open living space. The chef’s kitchen is equipped with stainless steel appliances, white shaker cabinets, quartz countertops, and a full quartz backsplash. A laundry room with built-in linen cabinets is conveniently located off the kitchen. The home also features brand-new dual-pane windows and a new roof. At 6850 Claire, the Junior ADU is a 1-bedroom, 1-bath unit with over 400 sq. ft. of stylish living space. It offers luxury vinyl flooring, white shaker cabinets, quartz countertops, stainless steel appliances, a washer/dryer, mini-split system, dual-pane windows, and a private side entrance. The newly constructed detached ADU at 6854 Claire offers 2 bedrooms, 1 bath, and 600 sq. ft. of modern living space. This unit includes white shaker cabinets, quartz countertops, stainless steel appliances, a washer/dryer, luxury vinyl flooring, mini-splits, dual-pane windows, and fully owned solar panels. It also has a separate entrance. The property includes a newly paved driveway with ample parking for multiple vehicles, along with an electric vehicle charging connection. The large, secured lot is enclosed with vinyl and wood fencing and features a spacious in-ground pool. Conveniently located near public transportation, shopping, dining, and major freeways, this property is ideal for an extended family or for an owner-occupant looking to supplement their income by renting the additional units.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Reseda Real Estate

The median home value in Reseda, CA is $650,004. The national median home value is $338,100. The average price of homes sold in Reseda, CA is $650,004. Reseda real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Reseda real estate agent to arrange a tour today!

Reseda Weather

Reseda Real Estate Market Conditions

  • Median sales price

    $650,004
    -3276800% change since last quarter
  • # Active listings

    62
    30-day change

Reseda Schools and Demographics

Education near Reseda, CA

Metric City County
High School Graduates N/A N/A
College Degree - 2 year N/A N/A
College Degree - 4 year N/A N/A
Graduate Degree N/A N/A
Expenditures per Student N/A N/A
Students per Teacher N/A N/A

Elementary Schools near Reseda, CA

School Grades Students P/T Ratio ZIP
Anatola Avenue Elementary School KG - 05 445 21.2 91406
Andasol Avenue Elementary School KG - 05 420 23.3 91325
Bassett Street Elementary School KG - 05 895 23.6 91406
Bertrand Avenue Elementary School KG - 05 425 22.4 91335
Blythe Street Elementary School KG - 05 464 23.2 91335
Calahan Community Charter KG - 05 605 24.2 91324
Cantara Street Elementary School KG - 05 546 21 91335
Cohasset Street Elementary School KG - 05 585 23.4 91406
Dearborn Elementary Charter Academy KG - 05 522 25.5 91325
Fullbright Avenue Elementary School KG - 05 491 24.6 91306
Garden Grove Elementary School KG - 05 454 23.9 91335
Gault Street Elementary School KG - 05 401 21.1 91406
Lemay Street Elementary School KG - 05 393 23.1 91406
Limerick Avenue Elementary School KG - 05 846 24.9 91306
Lorne Street Elementary School KG - 05 591 24.6 91325
Magnolia Science Academy 7 KG - 05 295 26.8 91325
Melvin Avenue Elementary School KG - 05 414 22.4 91335
Napa Street Elementary School KG - 05 480 22.3 91324
Newcastle Elementary School KG - 05 426 23.7 91335
Reseda Elementary School KG - 05 401 22.3 91335
Shirley Avenue Elementary School KG - 05 553 23 91335
Stagg Street Elementary School KG - 05 468 23.4 91406
Stanley MOSK Elementary KG - 05 563 23.5 91306
Sunny Brae Avenue Elementary School KG - 05 590 21.9 91306
Topeka Charter School for Advanced Studies KG - 05 546 22.8 91324
Vanalden Avenue Elementary School KG - 05 403 22.4 91335
Winnetka Avenue Elementary School KG - 05 485 22.1 91306

Middle Schools near Reseda, CA

School Grades Students P/T Ratio ZIP
Alfred B. Nobel Charter Middle 06 - 08 2,532 32.1 91324
Ivy Bound Acad. Math, Sci, and Tech Charter Middle #2 05 - 08 152 20.3 91324
James Jordan Middle School 06 - 08 363 22.3 91306
John A. Sutter Middle 06 - 08 1,035 21.6 91306
Northridge Middle School 06 - 08 837 18.8 91325
Oliver Wendell Holmes Middle School 06 - 08 1,533 28.1 91325
William Mulholland Middle School 06 - 08 1,130 24.6 91406

High Schools near Reseda, CA

School Grades Students P/T Ratio ZIP
Birmingham Community Charter High School 09 - 12 3,269 28.3 91406
Daniel Pearl Journalism & Communications Magnet School 09 - 12 402 20.6 91406
Grover Cleveland Charter High 09 - 12 3,241 27.6 91335
High Tech La School 09 - 12 375 22.9 91406
Northridge Academy High 09 - 12 1,081 25.4 91325
Reseda Senior High School 09 - 12 1,720 21.1 91335

Ungraded Schools near Reseda, CA

School Grades Students P/T Ratio ZIP
* Independence Continuation School 09 - 12 123 17.6 91406
* John R. Wooden High 09 - 12 122 20.3 91335
* Zane Grey Continuation School 09 - 12 146 20.9 91335
Diane S. Leichman Special Education Center 06 - 12 189 10.6 91335
Joaquin Miller Career and Transition Center 06 - 12 231 11.6 91335
Magnolia Science Academy 06 - 12 530 19.3 91335
Magnolia Science Academy 2 06 - 12 459 24.6 91406
Magnolia Science Academy 5 06 - 12 106 23 91335
Sherman Oaks Center for Enriched Studies 04 - 12 2,085 30.2 91335
SVEN Lokrantz Special Education Center KG - 12 81 9 91335
Valley Alternative Magnet School KG - 12 616 25.1 91406

Demographics near Reseda, CA

Metric City County
Neighborhood Type
Population N/A N/A
Population Density N/A N/A
Median Age N/A N/A
People per Household N/A N/A
Median Household Income N/A N/A
Average Income per Capita N/A N/A