The Kelly Morgan Commercial Group is pleased to present a rare opportunity to acquire a 39 unit multifamily portfolio consisting of two properties located on the same block in Reseda, California: 27 units at 7249 Baird & 12 units at 18540 Wyandotte (both properties must be purchased together). The metrics on this listing pertain to the portfolio, not individually. The portfolio offers strong in place cash flow with a current 6.27% cap rate and 10.15 GRM, along with significant upside through rental increases and the potential development of up to 9 ADUs. Unlike many Los Angeles apartment properties, the assets are not subject to LA City Rent Control, allowing for annual rent increases of 5% plus CPI. Ideally located near Sherman Way and Reseda Boulevard, the properties benefit from an 86 Walk Score, convenient access to public transportation, nearby retail, dining, parks, and major educational institutions including CSUN and Pierce College. Combining immediate income, value-add potential, and a highly desirable San Fernando Valley location, this portfolio presents an attractive opportunity for investors seeking both cash flow and long-term appreciation. Disclaimer: Property sold as is, where is.
PRIME INVESTMENT OPPORTUNITY...!!! TWO Separate (1) Bedroom homes with room for expansion and/ or ADU. Both homes are permitted. Each has its own address. Private backyard, gas and electric meters. The south home was built in 2012, with a 2 car attached garage. The north home has detached 768 sq. ft high garage/ workshop with a 9 feet high and 10 feet wide access door. The property has tremendous amount of parking and R.V access areas. located minutes from 101 and 118 freeways and 5 min from the university of Northridge. makes these homes a perfect location. These homes can be used for personal residence or Income Properties. Each home has washer and dryer hook ups. South home has a fireplace
Exceptional Income-Producing Property with Owner-Occupant Flexibility – Delivered with Vacant Units Fully remodeled and thoughtfully designed, this 3-unit property in the heart of Reseda offers exceptional income potential and versatility. Whether you’re seeking a strong investment opportunity, a multi-generational living arrangement, or a combination of both, this property provides options to fit a variety of lifestyles and investment goals. The property consists of 3 separate residences, each with its own address, thoughtfully designed to provide privacy, functionality, and excellent rental appeal. Together, the property has the potential to generate over $10,000+ per month in gross rental income, making it an attractive opportunity for both investors and multi-generational households. The main residence at 6900 Corbin Ave features beautiful curb appeal and a bright open-concept floor plan highlighted by recessed lighting, new flooring throughout, and a stylish kitchen with abundant cabinetry, generous counter space, brand-new stainless-steel appliances, and a center island. The home offers 3 bedrooms, 2 bathrooms, central air and heat, and direct access to a spacious landscaped backyard. The JADU at 6902 Corbin Ave is a beautifully finished 1-bedroom, 1-bath residence complete with a full kitchen, new appliances, recessed lighting, laminate flooring, efficient heating and cooling, private laundry, and its own charming outdoor space. Privately situated at the rear of the property, the ADU at 6904 Corbin Ave offers a spacious 2-bedroom, 2-bath layout with a modern kitchen, recessed lighting, dedicated parking, and direct access to a generous private yard. Whether you’re looking to offset your mortgage with rental income, accommodate extended family, or add a high-performing asset to your portfolio, this turnkey property offers the ideal combination of flexibility, cash-flow potential, and modern living.
Discover a fantastic opportunity to own a 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.
Because the property was constructed in 1987, it is not subject to Los Angeles rent control and instead allows for higher annual rent increases via AB 1482. A new investor can capitalize on both the impressive immediate cash flow, as the building is being offered with an attractive 6.75% CAP Rate, and more rapid potential income growth without the restrictions of Los Angeles rent control. The building consists entirely of large one-bedroom townhouse-style units, each above its own private two-car parking garage. The 11,472 total rentable square feet are spread over the 13 units, resulting in spacious floorplans that feature desirable tenant amenities. Each unit includes central air/heat as well as two fireplaces, two balconies, ceiling fans, and large walk-in closets. Plumbing at the property consists of copper pipes, leading to more efficient utility usage with fewer maintenance and repair expenses. Also reducing an investor's maintenance expenses is the fact that the building does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, saving an owner from an otherwise substantial cost. Situated near the intersection of Saticoy Street and Reseda Boulevard, the property is less than three miles south of California State University-Northridge and is a similar distance from shops and restaurants at the Northridge Fashion Center shopping mall. Numerous nearby retailers include Costco Wholesale, Target, Best Buy, Lowe's Home Improvement, and a new Porto's Bakery and Cafe. Tenants enjoy convenient access to the adjacent Granada Hills/Northridge area, as well as Encino, Woodland Hills, and Warner Center. The new Topanga Village shopping mall and the upcoming massive Promenade 2035 mixed-use development, to be constructed by Los Angeles Rams owner Stan Kroenke, are both mere miles from the property, allowing residents convenient access to several exciting new destinations.
Presenting a rare newly constructed gated residential compound offering exceptional flexibility for residential care, assisted living, behavioral health, sober living, transitional housing, co-living, executive housing, or multifamily investment use. Built in 2024, this rare gated residential compound features 4 separate residences on an approximately 16,000 SF lot with nearly 5,900 SF of total living space. The property consists of two 4-bedroom homes (one with an attached garage conversion) and two 3-bedroom homes, each with its own separate address and individual washer/dryer setup. Designed in a campus-style layout with functional open floor plans, modern systems, and low-maintenance improvements throughout. The fully secured property offers expansive concrete driveways, substantial on-site parking, beautiful landscaping, outdoor gathering areas, and dual access from both Saticoy St and Wilbur Ave. Additional features include paid off solar panels and extensive recent construction. Previously operated as an RCFE facility and ideal for assisted living, behavioral health, transitional housing, sober living, executive housing, co-living, or multifamily investment opportunities (buyer to verify all use, zoning, and licensing requirements). A unique turnkey compound offering exceptional flexibility, scalability, and long-term income potential.
Welcome to 8045 Darby Ave — a versatile multi-unit property offering strong rental potential and flexible living options. The property features approximately 2,045 sq ft of total living space across multiple units, ideal for investors or owner-users seeking additional income. The main residence offers a comfortable layout, while additional units provide excellent rental opportunities to offset expenses or maximize cash flow. Situated on a 6,300+ sq ft lot, the property also presents potential for further optimization or value-add opportunities (buyer to verify). It's currently rented with strong income potential, this is a rare chance to secure a turnkey or near-turnkey investment in a high-demand rental market. Conveniently located near CSUN, shopping centers, and major transportation routes, making it highly attractive to tenants.
Stunningly remodeled “3 Units in One” on a quiet Reseda street — ALL UNITS are available for immediate occupancy offering exceptional flexibility and strong income potential with projected pro forma monthly income of up to $9,250 ($111,000 annually) and an estimated gross annual return approaching 8%. This is the opportunity buyers wait for — live in one, rent the others, or create the perfect multi-generational setup with three private living spaces on one property. Featuring a permitted detached ADU along with an attached JADU, this property delivers flexibility, functionality, and long-term value. All three units were newly remodeled in 2025 with modern finishes and new appliances, offering a true turnkey, low-maintenance ownership experience. The main house at 18216 Hartland (approx. 1,400 sq ft) welcomes you with an open layout, laminated flooring, new custom baths, and a beautifully remodeled kitchen with restored wood cabinets, quartz countertops, and new appliances, plus a private gated backyard and secure parking with alley access — perfect for indoor-outdoor living. The JADU at 18214 Hartland impresses with soaring cathedral ceilings, a full kitchen, new custom bathroom, two mini-split systems, and a private patio, creating a bright and inviting space ideal for guests or rental income. The detached ADU at 18212 Hartland offers its own alley access, private patio, and full kitchen with new appliances, two mini-splits, and a new custom bathroom, providing privacy and strong income potential. Additional highlights include gated parking with a new fence and electric gate, new gutters, drought-resistant landscaping, and new refrigerators plus in-unit washer/dryers in all units. Whether you’re looking to offset your mortgage, build long-term wealth, or accommodate extended family, this property checks every box. Rare opportunity to choose your own tenants or occupy any unit immediately — schedule your showing today! Buyer to independently verify all aspects of building sqft, rental use, occupancy requirements, and income potential Some images may include virtual staging and/or digital enhancements for illustrative purposes.
This is truly a rare opportunity to acquire a brand-new NON-RENT CONTROL 4-unit development, with Certificate Of Occupancy issued in 2026. This corner property is surrounded by well-maintained single-family homes, and is located in the heart of the San Fernando Valley on an attractive tree lined street. Contemporary modern designed units with recessed lights and clean lines, featuring 3 bedrooms, 2½ bathrooms, modern kitchens with refrigerator and independent in-unit washer and dryer. Other building features include solar panels, all electric appliances and units which are individually metered. This is a turnkey investment in a very desirable residential community, with new construction and units. Hurry Opportunity Knocks!
***SELLER FINANCING AVAILABLE*** 7302-7304 Canby presents a rare, flexible mixed-use investment opportunity in the heart of Reseda's commercial corridor. Situated on a generous lot and zoned C2, the property consists of five units offering an ideal blend of residential income and commercial functionality, with significant upside potential. At the rear of the property are two expansive 1,550 sq. ft. units. One is currently configured as a commercial space featuring a large open workspace, two private offices, kitchen, and bath well suited for a variety of professional or creative uses. Above it sits a bright and spacious 1,550 sq. ft. 3-bedroom, 3-bath residential unit, offering an open floor plan, multiple skylights, abundant windows, and natural light throughout. The modern kitchen is appointed with stainless steel appliances, granite countertops, and in-unit laundry. Additional highlights include laminate wood flooring, central HVAC, and generous closet space. The remaining residential units include three well-maintained 1-bedroom, 1-bath units ranging from 650750 sq. ft., each featuring functional kitchens, ample storage, and in-unit washer and dryer. All units are currently occupied, with tenants on month-to-month commercial leases and a strong payment history. The property offers parking for five or more vehicles (stacked), providing added convenience for both residential and commercial occupants. With C2 zoning, the asset offers exceptional development flexibility, allowing for multi-family, mixed-use, or a wide range of commercial applications (buyer to verify). Ideally located near established businesses, dining, shopping, and public transportation, this property is well positioned for long-term growth and income stability. Listed income details, including Cap Rate and GRM, are based on projected figures. ***SELLER FINANCING AVAILABLE***
Back on Market as of 6/17/26 This brand-new construction features five modern townhome-style units totaling ten bedrooms and ten bathrooms, with parking provided for every unit. Designed with a light-filled, spacious layout, each residence showcases clean lines and contemporary finishes throughout. Three of the units offer private patios, while the front unit boasts an expansive rooftop deck ideal for outdoor living and entertaining. Situated on a quiet street surrounded by single-family homes, the property offers a peaceful residential setting with ample street parking. Each unit has dedicated solar panels covering much of the electricity usage for the tenants and allowing for increased rents. A rare opportunity to own newly built, modern units in a desirable neighborhood
6653 Darby Avenue presents a compelling 31-unit multifamily investment opportunity in a high-demand Reseda rental corridor within the San Fernando Valley. The two-story, garden-style asset was built in 1961 and sits on a generous 31,059 SF lot, offering long-term operational stability and scale in a supply-constrained submarket. The property features a highly desirable unit mix of 19 one-bedroom units, 11 two-bedroom/one-bath units, and one two-bedroom/two-bath unit, with unit sizes ranging from approximately 620 to 900 square feet larger than many competing properties in the area. In-place rents remain materially below market, providing investors with approximately 50% rental upside through interior renovations and rent repositioning, driving meaningful NOI and valuation growth. Strategically located near CSUN, major employment centers, retail corridors, and regional transit routes, the asset benefits from strong and durable tenant demand. Future infrastructure investment, including the planned East San Fernando Valley Light Rail Transit Project, is expected to further enhance connectivity and long-term rental growth prospects in this mature Valley submarket. Offered at an attractive basis with both current cash flow and a clear value-add execution path, 6653 Darby Avenue represents an opportunity to acquire scale, upside, and long-term appreciation in one of Los Angeles' most resilient multifamily markets.
6632 Darby Ave is a 19-unit multifamily investment in a high-demand Reseda corridor of the San Fernando Valley, benefiting from proximity to CSUN, medical centers, retail, and major transit that supports strong and consistent rental demand. The property offers a clear value-add opportunity with approximately 52.43% rental upside, driven by below-market in-place rents and the ability to execute interior upgrades and rent repositioning to meaningfully grow NOI. The asset is offered at an attractive basis, sitting roughly 2528% below San Fernando Valley averages, below LA County pricing, and approximately 37% under current Reseda $/SF levels, providing downside protection with significant upside. A balanced unit mix of 1-, 2-, and 3-bedroom units supports stable occupancy, while ~$21,000 annually in ancillary income from RUBS, laundry, parking, and additional rents enhances cash flow. With stabilized occupancy and long-term growth catalysts such as the planned East San Fernando Valley Light Rail Transit Project, the property is well positioned to outperform over the hold period.
