6954 Baird Avenue

    Reseda, CA 91335
    • $994,999
    • STATUS: Active
    • ON SITE: 38 days
    • ID#: SR20075584
    UPDATED: 50 min ago
    $994,999
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,092
      SQFT
    • $243
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    Rare opportunity to own this cash cow for under $1M, nothing like it in the whole SF Valley for the price. This is a tremendous investor or owner occupied opportunity to own this four unit building with potential to bring in higher rents. There are two units that are: 2 bedrooms, 2 full bathroom, walk in closet, a bonus room (den) that owner was previously using as third bedroom, and estimated 1200 sqft. The two other units are: 1 bedroom & 1 full bathroom. The building is fenced with an electric gate that leads all the way to the back where the eight vehicle carport is located. The pool is in good condition and has security fence all around, there's a lot of outdoor space and future development potential in this 8,000 sqft lot. The current owner replaced plumbing to copper and recently replaced the roof, very low maintenance building with long term tenants. This is a prime location in Reseda walking distance to Starbucks, public transportation, supermarket, restaurants, Reseda Park, and many local businesses. This is where you want to take your 1031 exchange or add on as a great rental to your portfolio.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-27T00:26:52.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.

    www.searchsocalrealestate.com/homes/105144556

    6954 Baird Avenue Reseda, CA 91335

    • Price: $994,999
    • Status: Active
    • Updated: 50 min ago
    • ID#: SR20075584
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,092
    SQFT
    $243
    $/SQFT
    1964
    Built
    Neighborhood:
    RES - Reseda
    County:
    Los Angeles
    Area:
    RES - Reseda
    Property Description
    Rare opportunity to own this cash cow for under $1M, nothing like it in the whole SF Valley for the price. This is a tremendous investor or owner occupied opportunity to own this four unit building with potential to bring in higher rents. There are two units that are: 2 bedrooms, 2 full bathroom, walk in closet, a bonus room (den) that owner was previously using as third bedroom, and estimated 1200 sqft. The two other units are: 1 bedroom & 1 full bathroom. The building is fenced with an electric gate that leads all the way to the back where the eight vehicle carport is located. The pool is in good condition and has security fence all around, there's a lot of outdoor space and future development potential in this 8,000 sqft lot. The current owner replaced plumbing to copper and recently replaced the roof, very low maintenance building with long term tenants. This is a prime location in Reseda walking distance to Starbucks, public transportation, supermarket, restaurants, Reseda Park, and many local businesses. This is where you want to take your 1031 exchange or add on as a great rental to your portfolio.
    Exterior Features

    Carport Spaces 8.00 Garage Spaces 0.00 Lot Features Front Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features Community Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features See Remarks Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.00 Community Features Sidewalks Country Us Electric Expense 1800.00 Elevation Units Feet Exclusions All Tenant Personal Belongings Fuel Expense 1200.00 Gross Income 68136.00 Gross Scheduled Income 68136.00 Insurance Expense 1400.00 Land Lease YN No Laundry YN Yes Net Operating Income 47412.00 New Construction YN No New Taxes Expense 9088.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 20724.00 Pool Expense 1200.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 5678.00 Total Expenses 20724.00 Trash Expense 2736.00 Water Sewer Expense 3300.00 Water Source Public Year Built Source Appraiser Zoning Lar2

    Listing provided courtesy of Angel Nova of Citiwide Realty Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-27T00:26:52.123. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Rogers Realty Group/Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.

     
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