41
Bedrooms
$8,400,000
FOR SALE7249 Baird Avenue
Reseda, CA
MLS# 26105823
29,588 Sq Ft41bd • 41ba
4 days on marketNalren refreshed
Listing Agent
Kelly Morgan
Listing Agent
Houze Real Estate Management
DRE #: 01898026
(323) 852-1372Brokerage: Houze Real Estate Management
Property Details
41
Bathrooms
29,588 sqft
Square Feet
1989
Year Built
0.59 acres
Lot Size
$284
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
N/A
Property Type
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.
Facts & Features
Building
- Year Built
- 1989
- Living Area
- 29,588 sqft
- Building Area Total
- 29,588
- Levels
- Two
- Stories Total
- 0
Utilities
- Heating
- Wall Furnace
- Cooling
- Central Air, Wall Window Units
Parking
- Parking Features
- Covered
- Parking Total
- 66
Community / HOA
- HOA
- No
Natural Hazard Information
Earthquake data is shown from a real public source (USGS)
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CRMLS
MLS# 26105823
Listed:
Nalren refreshed:
Last updated
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Listed by: Houze Real Estate Management
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.