Reseda CA Multi Family for Sale
$1,850,000
6829 Yolanda Avenue Reseda, CA 91335
- Type:
- Single Family
- Sq.Ft.:
- 3,070
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- SR24200226
ADDITIONAL INFORMATION
Nestled on a picturesque, tree-lined street in the heart of Reseda, this stunning new construction property offers 3 units generating a combined monthly income of approximately $12,000 and 7.7% cap rate! The main house, with 3 generously sized bedrooms and 2 elegantly designed bathrooms, features premium finishes throughout. The residence boasts a beautifully landscaped yard, perfect for outdoor relaxation and entertaining. Expansive windows flood the interior with natural light and provide serene views of the surrounding lush greenery. The home’s additional highlights include an open-concept living area, high ceilings, a gourmet kitchen with high-end appliances, and ample storage, completely gated with electric gate. The property includes an ADU with paid off solar, a brand-new, thoughtfully designed home with 2 bedrooms and 2 bathrooms, featuring the same high-quality finishes and a seamless blend of modern elegance and functionality. It offers a cozy and private, landscaped yard ideal for relaxing and entertaining, alongside a wraparound outdoor space. Large windows invite abundant natural light and enhance the tranquil surroundings. Additionally, the property features a JADU unit, offering a spacious bedroom and bathroom, crafted with high-end finishes and designed for modern living. A perfect size landscaped private yard provides a perfect spot for outdoor relaxation or morning coffee. Large windows illuminate the interior, complementing the calm and inviting atmosphere. Offering a luxurious living experience in a great neighborhood, this home is a rare opportunity.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.14 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- CRSR24189369
View additional info
Courtesy: TLC Realty
ADDITIONAL INFORMATION
Attention Investors! Two Separate Address on one lot. Unique investment opportunity with good Income Potential. Located on a nice street and has an alley at the rear and side. This fixer property has two gas meter, two electric meters and a two story ADU with it's own entrance and security gate. The main house has 4 bedrooms and two baths with around 1200 sq ft. The rear home is a two story home built in 2017 with 3 bedrooms and 3 baths also 1200 sq ft. The front house is currently rented at $3100.00 per month and the ADU is vacant but needs some TLC. The property can be delivered vacant if the buyer wishes. Both homes need a bit of fixing due to renters over time. There is a detached two car garage that can be converted to a mini ADU of 400 sq ft as well. Buyer to investigate.
$1,399,000
7304 Canby Avenue Reseda, CA 91335
- Type:
- Cluster
- Sq.Ft.:
- 5,048
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.18 Acres
- Year built:
- 1926
- Baths:
- 8.00
- MLS#:
- 24403927
ADDITIONAL INFORMATION
7302-7304 Canby is a versatile multi-use property designed to accommodate various needs. Situated on a spacious lot, it comprises five mixed-use units. The two larger units, each measuring 1,550 square feet, are located at the rear of the property. One is currently utilized as a commercial space, featuring a large open workspace, two offices, a kitchen, and two bathrooms, making it suitable for a wide range of business uses. The remaining units are residential, consisting of three 1-bedroom, 1-bath units, and one expansive 2-bedroom, 3-bath unit. The largest unit, ideal for owner occupancy, is above the commercial space and spans 1,550 square feet. This bright and airy unit offers an open floor plan, multiple skylights, and windows that flood the space with natural light. The modern kitchen is equipped with stainless steel appliances, granite countertops, and a washer and dryer. Additional features include laminate wood flooring, central HVAC, and ample closet space. The three 1-bedroom units range in size from 650 to 750 square feet. Each includes a well-equipped kitchen, generous closet space, and a washer and dryer. All units are currently occupied, with most tenants on a month-to-month basis. The commercial tenant operates under a NNN lease. All tenants have a proven track record and are current with their rents. The property offers parking for six or more cars (stacked), enhancing its convenience for both residential and commercial tenants. Zoned C2, this property offers extensive development opportunities, from multi-family and mixed-use developments to various commercial applications. Ideally located in a commercial corridor of Reseda, this property is central to numerous businesses, dining options, shopping, and public transportation. Don't miss out on this exceptional investment opportunity, perfectly positioned for growth and flexibility.
$6,700,000
6225 Reseda Boulevard Tarzana, CA 91335
- Type:
- Cluster
- Sq.Ft.:
- 25,718
- Status:
- Active
- Beds:
- 52
- Lot size:
- 0.74 Acres
- Year built:
- 1962
- Baths:
- 44.00
- MLS#:
- 24402503
ADDITIONAL INFORMATION
Constructed in 1962, the two-story building features an attractive unit mix containing mostly two-bedroom units. Current rents sit well below local market rates, allowing a new owner the potential to capitalize on approximately 54% in rent upside. Properties in the Tarzana submarket rarely become available, as only seven such buildings have sold within the past three years, according to CoStar COMPS. Given the recent and continuing development boom in neighboring Warner Center and Woodland Hills, this asset would allow an investor to take advantage of those new and upcoming amenities, albeit at a lower price point. Over the past three years, the average sales price per unit in Woodland Hills has been over $430,000 per unit, whereas Tarzana sales have averaged only $259,207 per unit. CAP Rates in Tarzana have also been approximately 51 basis points higher than in Woodland Hills, allowing Tarzana owners to earn greater returns on their investments despite the immediate proximity of the two neighboring cities. Situated near the intersection of Oxnard Street and Reseda Boulevard, the property allows residents convenient access to the new Topanga Village shopping center as well as the recently opened Topanga Social premium food hall. Adjacent to the upcoming Los Angeles Rams practice facility at 21555 Oxnard Street, team owner Stan Kroenke holds land entitled for a potential 35-acre mixed-use development. Proposals for the site show 280,000 square feet of restaurant and retail offerings, hotels, offices, and residential units. The $1 billion project would provide a significant amenities boost to the already thriving neighborhood, all of which benefits investors in the immediate area.
Reseda Real Estate
The median home value in Reseda, CA is $681,800. This is higher than the county median home value of $607,000. The national median home value is $219,700. The average price of homes sold in Reseda, CA is $681,800. Approximately 34.45% of Reseda homes are owned, compared to 59.14% rented, while 6.42% are vacant. 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 91335 is less family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 32.35%.
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