Prime Triplex Opportunity in Reseda! Located in the vibrant heart of Reseda, this well-cared-for 3-unit complex offers strong rental income and long-term stability. The spacious unit mix includes (1) 2BD/1BA and (1) 1BD/1BA at 7260 Amigo Ave and 7260 'B" Amigo Ave, plus an additional 2BD/1BA at 7262 Amigo Ave. Current rents are $1,600, $1,550, and $1,800. All units are tenant-occupied, providing instant cash flow from day one. Landlord pays water and trash. Enjoy easy access to public transit, shops, schools, and major Valley thoroughfares. Ideal for investors looking to add a reliable income-producing property to their portfolio.
We are excited to present 6626 Darby Avenue, a compelling 9-unit multifamily investment opportunity located in the heart of Reseda. Built in 1963, the property includes 9 units and delivers strong in-place cash flow with a current cap rate of 6.0%, and a price per unit of $210k. With 40% rental upside, investors can achieve a projected cap rate of 9.2% through rent repositioning. Spanning 5,891 square feet, the building features a favorable unit mix, with nearly half of the apartments being two-bedroom units, making it well-suited for long-term tenant retention. The property has undergone key capital improvements, including a completed seismic retrofit, helping reduce future capital expenditure exposure. Strategically located in one of the San Fernando Valley's most active rental markets, 6626 Darby offers tenants easy access to public transportation, the 101 Freeway, schools, retail, and daily amenities. This is a rare opportunity to acquire a true value-add asset with substantial rental upside in a highly desirable rental corridor.
An exceptional opportunity awaits with this Spanish-style residential income property! Framed by rose beds and a beautiful oak tree, this charming multi-fam is truly one of a kind. The front home, meticulously remodeled with an expansive kitchen, exquisite hardwood flooring, plush carpet, and an inviting balcony. Boasting 3 spacious bedrooms, 3 baths, and 1,973 sq. ft., this home welcomes you with a cozy living room fireplace and stunning crown molding. Prepare to be captivated by the second unit with a newly remodeled kitchen, offering 5 bedrooms, 2 baths, and an expansive 1,212 sq. ft.. Equally impressive is the third unit, featuring 3 bedrooms, 1 baths, and 1,168 sq. ft.. And to complete this ensemble, the fourth unit is a stand alone cottage, offering 1 bedroom, 1 bathroom, and 293 sq. ft. of comfort. The property is adorned with stunning landscaping, including a massive oak tree, avocado, and orange trees. Residents enjoy the ambiance of a spacious residential property without feeling cramped in the average box-apartment cluttered layout. The generous backyard offers abundant space for outdoor enjoyment or even large events. The layout of this property is remarkable, showcasing numerous new improvements that elevate its appeal. Nestled in a highly sought-after location: near the 101 Freeway, Northridge Mall, Whole Foods, Trader Joes, LA Fitness, California State University, hiking trails, Ventura Blvd dining, and much more! Ample storage, garage space, and parking are available. Seize this incredible opportunity to own a truly remarkable Los Angeles income property.
Motivated Seller! $55K Price ReductionAll Renovated Ready to Move In!Welcome to 7412 Jamieson Avenue a beautifully updated 3-bedroom, 3.5-bathroom home nestled on a generous 10,728 sq ft lot in the heart of Reseda. Thoughtfully renovated with modern finishes throughout, this turnkey residence offers spacious living, indoor-outdoor flow, and a flexible layout for today's lifestyle.The property features a fully permitted garage-conversion ADU, perfect for extended family, guest quarters, or passive income. Zoned LAR1, the lot offers ample room to add a detached ADU. As-is, the home and ADU could generate up to $7,200/month in rental income. With an additional detached ADU, potential rental income could reach approximately $11,000/month.A fantastic opportunity for owner-occupants or those seeking future income and expansion potential. Showings by request only.
