Property · 2 recorded sales since 2019
Listing Agent: David Kaufman (DRE #01217537) · Listing Office: David Ballin Kaufman · Contact: 310-877-8600 · Bought with: David Kaufman · David Ballin Kaufman · MLS #22127075 · Source: CRMLS
This well maintained 16-unit apartment complex located in a quiet residential neighborhood of Reseda, CA. This property was built in 1962 and features 6 one bedroom one-bathroom units, and 10 two-bedroom one-bathroom units. The property has secured gated access for tenants as well as the parking, located in the rear of the property. The property is centrally located in the south San Fernando Valley; a quiet residential neighborhood on the border of Tarzana and Encino. The property is north of the 101 Freeway, close to major transportation, walking distance to the Reseda Recreation Center, Reseda High School, and endless amenities. This well-maintained asset has the opportunity to renovate interiors and achieve market rents, which are over 30% higher than current rents. Earthquake retrofit work complete (buyer to verify).
Listing description from the May 2022 sale, as reported to CRMLS.