Description
Value-add 6-unit multifamily with adu potential in prime reseda, ca. an excellent investment opportunity with immediate income and strong upside potential! this 6-unit apartment building in the heart of reseda offers a 4.75% cap rate with plans ready to issue for two adus, boosting the projected cap rate to 7.08%. property highlights: upgraded features newer roof, copper plumbing, modern flooring, and updated windows. adu potential rti plans for 2 additional units, maximizing future rental income. exceptional value just $228,125 per unit and $272 per square foot post-adu. strong post-adu cash flow 7.60% pre-tax return after additions. prime location walk score of 86, near shopping, dining, csun & transit (metro local 240 & dash northridge)***contact us today for details***
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48843276
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 10
Bathroom Information
- Total Baths: 6
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1954
- Building Area Total: 5,108
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1837
- Lot Size Source: Assessor
- Lot Size Square Feet: 8003
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Listing Information
Listing Price Information
- Original List Price: 1,425,000
- Listing Contract Date: 2025-03-04
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 2119021017
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Detached Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: RES - Reseda
- Postal Code Plus 4: 3009
- Directions: North of Sherman Way, just south of the corner of Wyandotte St & Canby Ave, South of Valerio St, East of Reseda Blvd, West of Etiwnada Ave
- Zoning: LAR2
- Source Property Type: Residential Income
- Area: RES - Reseda
Building and Construction
- Property Age: 71
- Year Built Source: Assessor
- Total Square Feet Living: 5108
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/18/2025 @ 20:04
- MLS: 25506453
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 10 bedrooms which is for sale, it has 5,108 sqft, 8,003 sized lot, and 0 parking. are nearby neighborhoods.