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7249 Baird Ave, Reseda, CA 91335

$8,400,000
•
  • 41

    bed

  • 41

    bath

  • 29,588

    Sqft ($284/Sqft)

Multi-family for sale 3 hours
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About 7249 Baird Ave

Property type Multi-family
Neighborhood
Year built 1989
HOA fee $0/month
Lot size 0.59 Acre
Movoto estimate
Property description
Financial Metrics: 6.35% cap rate, 9.29 GRM upside to 7.11% cap rate and 8.58 GRM after ADU construction costs. Not Subject to LA City Rent Control: Allows for annual increases of 5% + CPI (currently 8.7%)select units due for increases immediately. Value-Add Potential: Offers the potential to add up to 9 ADUs across the two properties; some with patios; select units already upgraded. Location Benefits: Near Sherman Way & Reseda Blvd retail, grocery, dining, pharmacy, parks, CSUN, and Pierce College. Transit Access: One block from the Reseda Blvd/Sherman Way corridor; Metro G Line approximately 1.5 miles away. High Walk Score: 86 Walk Score highly walkable neighborhood for daily errands, shopping, and dining on foot.
Listed by
Listing Agent - Kelly Morgan
Listing Office - Houze Real Estate Management
Source: The MLS mls logo
MLS#26105823 • last updated 11 hours ago
Movoto checked The MLS for data Just now
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Overview
Levels/Style Two
MLS # 26105823
Type Residential Income
Status Active
SqFt 29588
Lot Size (SqFt) 25500
Year Built 1989
Interior
Total # of Baths 41
Total # of Bedrooms 41
Exterior
# Parking Spaces 66
Parking Desc Covered Parking
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning LAR3
APN 2118-028-047
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 3: Projected Rent 45996
Unit 1: Projected Rent 20703
Unit 1: # Beds 1
Unit 4: # Beds 2
Unit 1: Rent 1882
Unit 2: Rent 1895
Unit 3: Rent 1840
Unit 4: Rent 2233
Unit 2: Furnished No
Unit 2: Projected Rent 1895
Unit 4: Projected Rent 4465
Unit 3: # Beds 1
Unit 2: # Beds 1
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 2
Unit 4: Actual Rent 4465
Unit 3: Actual Rent 45996
Unit Type 2106, 2107, 2108, 2109
Unit 1: Actual Rent 20703
Total # Of Buildings 3
Net Operating Income 533301
Cap Rate 6.35
Vacancy Rate 2
Gross Income 904616
Gross Operating Income 877478
Gross Rent Multiplier 9.29
Total Annual Expenses 344176
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5/10
Reseda Elementary School
public Grades K-5
Los Angeles Unified School District
3/10
Northridge Middle School
public Grades 6-8
Los Angeles Unified School District
5/10
Reseda Senior High School
charter Grades 9-12
Los Angeles Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Reseda

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View homes for sale in 91335, CA
77/100
Walk
91/100
Family
94/100
Dining
98/100
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  • Real Estate
  • CA
  • Los Angeles County
  • Reseda
  • 91335
  • 7249 Baird Ave

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