Located across the street from Dignity Health Northridge Hospital, and built in 1981, 8135 Reseda is a 10-unit complex that is NOT SUBJECT TO CITY OF LA RSO (AB-1482). This exemption allows for an 8.8% annual rent increase (CA max - 5% + CPI). This value-add opportunity is offered at $250,000 per unit, $271 per foot, and 11.87 GRM and 5.45% CAP on current rents. 8135 Reseda presents approx. 25% rental upside, and a future investor can reach a 7.44% CAP and 9.56 GRM, by achieving projected market rents for renovated units in the area. Situated just south of Roscoe Blvd, the complex is located across from Dignity Health Northridge Hospital, a major employer with approx. 2,000 employees, and is only 2 miles from California State University, Northridge (CSUN), home to over 38,000 undergraduate and graduate students. For those seeking additional opportunities, this property can be purchased individually or alongside 14245 Roscoe Blvd, a 6-unit complex with approx. 30% rental upside, located 0.3 miles from Panorama Mall and 1 mile from The Plant Shopping Center. Please email or call LA1 for more information.
Welcome to 180160 Ingomar St! Discover fantastic opportunity to own 3 units, newly built on one lot. Property is located in the heart of Reseda on peaceful, serene Residential street. The main house # 18160 is app. 1352 Sq. ft. 3Br/2Ba. The junior ADU # 18162 is app. 347 Sq ft Studio /1Ba The Detached junior ADU # 18164 is app. 625 Sq. ft.. 2Br/1Ba. The main 3Br house has an open floor plan, private yard accessing a Lovely Wood Deck, chef kitchen equipped with all new appliances. All three units feature open floor plan curb appeal, recess lighting, Luxury vinyl flooring, white shaker cabinets, quartz counters, Dual- pane windows. All three units are equipped with ALL appliances/washer & dryer, refrigerator, stove and dishwasher. Each unit enjoy a private, gated yard while the main 3Br house have an access to a Red wood Deck. Studio unit have a mini split AC unit and the 3Br & 2Br units have a Central AC unit. Gated, Owner installed Home audio system and Home Security Camera. paved Drive way. synthetic grass at the Back and front yards. This property is ideal for an extended family or for an owner-occupant looking to supplement their income by renting the additional units
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.
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.
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.
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 !!!
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.
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.
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***
