7122 AMIGO Avenue, Reseda, CA 91335

About this property

We are pleased to present this Non-Rent Controlled fourteen (14) unit investment opportunity located at 7122 Amigo Ave in Reseda This 14-unit apartment building was built in 2013 and is not subject to the city of Los Angeles rent control. The building is located a half block south of Sherman Way, which offers many amenities for the tenants such as restaurants, medical services, and shopping. This three-story apartment building offers a great unit mix of (7) 1+1+Den and (7) 2+2 units all of which are large and average about 1,000 SF each. The building features onsite laundry on each floor and gated parking for all residents with about 25 parking spaces. The building has five (5) units that will be delivered vacant. These units have been updated and the roof was recently replaced. This investment is ideal for a 1031 investment.

Listing description from the August 2022 sale, as reported to CRMLS.

Sale history

$5,450,000

Sold August 2022 · listed $5,500,000, orig. $6,125,000, on market June 2022 · MLS #22169377 · Source: CRMLS

Listing Agent: D. Timothy Byrne · Listing Office: Compass · Contact: 310-820-0195 · Bought with: Roderick 'Rick' Raymundo · Marcus & Millichap

$5,000,000

Sold July 2019 · listed $5,275,000, on market March 2019 · MLS #PW19065793 · Source: CRMLS

Listing Agent: Robert Stepp · Listing Office: Keller Williams Pacific Estate · Contact: 562-513-7800 · Bought with: Nonmember Nonmember · Nonmember Office

$4,430,000

Sold March 2017 · listed $4,350,000, on market January 2017 · MLS #17193478 · Source: CRMLS

Listing Agent: Jonathan Swire · Listing Office: The Agency · Contact: 424-230-3700 · Bought with: Robert Stepp · Keller Williams Pacific Estat

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