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.
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.
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.
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.
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!