Reseda CA Multi Family for Sale

ADDITIONAL INFORMATION

Welcome to 2 gorgeous houses on a lot in the city of Reseda. Both homes are 3 bedrooms and 2 bathrooms. Each house has its own address, gas meters and electrical meters. Bedrooms are spacious and each primary bedroom has its own bathroom. These homes have new roof, windows, flooring, copper plumbing and new electrical panels and rewired. Each home has its own laundry unit. Property has plenty of parking for both homes with brand new concrete driveway and a private fence. Property is located near freeways, stores and schools. These homes are perfect for a large family or live in one and rent the other. Its in a great location and two gorgeous and spacious homes. Come take a look.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

16 units in quiet Reseda neighborhood. Twin 8 - unit buildings that are separately deeded. 6500-10 Shirley Avenue. Huge lot - 22,859 sq. ft. with beautiful courtyard. Excellent unit mix - 8 - 1 bedroom + 1 bath and 8 - 2 bedroom + 1 bath units. The buildings were built in 1958 and there is 11,754 sq. ft. of building. Long term owner. The rents are significantly below market with over 50% upside in the rents. Onsite laundry. Individually metered for gas and electricity. New electrical panels. Because the buildings are on separately deeded parcels, an onsite manager is not required although there is one. The CAP rate increases to 4.53% without an onsite manager. There is an excellent assumable loan with Chase. The current loan balance is$1,077,393, 3.25% fixed until 02/2029. The current monthly payment is $5,442.42. The property is centrally located in the San Fernando Valley with easy freeway access. Close to California State University, Northridge, Pierce Junior College, Warner Center and the Topanga Plaza Shopping Mall. **The property can be purchased along with 19406 Gilmore Ave, 6 units located only 7 parcels from the subject property.

ADDITIONAL INFORMATION

Gorgeous 3 units on a Huge 22K Lot. Possibilities are Endless. UNIT 1: Front House - 3 bedrooms 2 bathrooms, UNIT 2: Attached JDU - 1 Bedroom 1 Bathroom with separate entrance, UNIT 3: 2023 Built approximately 800 s.f. ADU with 2 Bedrooms 2 Bathrooms. Sale of the property also includes Plans and Permits for 2 additional ADU's - 800 s.f. and a Two Story 4 Bedrooms 3 Bathrooms approximately 2200 s.f. (two story ADU Can Be Converted in to 2 Units as well ). Possibility for 6 or More Units!!! Great Investment!!! A MUST SEE !!!

ADDITIONAL INFORMATION

come and see the ideal home to own and live comfortably, live in one and rent the other, property has paid solar system and a pool to enjoy and have relief from the heat in those hot summer days, come and see for yourself!

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.

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. ***SELLER FINANCING AVAILABLE***

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.