Overview
- 10
- 6
- 5108
- 1954
Description
Value-Add 6-Unit Multifamily with ADU Potential in Prime Reseda, CA. An excellent investment opportunity with immediate income and strong upside potential! This 6-unit apartment building in the heart of Reseda offers a 4.52% cap rate with plans ready to issue for two ADUs, boosting the projected cap rate to 6.9%. Property Highlights: Upgraded features Newer roof, copper plumbing, modern flooring, and updated windows. ADU potential RTI plans for 2 additional units, maximizing future rental income. Exceptional value Just $228,125 per unit and $272 per square foot post-ADU. Strong post-ADU cash flow 7.60% pre-tax return after additions. Prime location Walk Score of 86, near shopping, dining, CSUN & transit (Metro Local 240 & DASH Northridge)***Contact us today for details***
Address
Open on Google Maps- Address Canby
- City Reseda
- State/county Los Angeles
- Zip/Postal Code 91335
Details
Updated on August 21, 2025 at 11:07 pm- Property ID: HZ25506453
- Price: $1,425,000
- Property Size: 5108 Sq Ft
- Bedrooms: 10
- Bathrooms: 6
- Year Built: 1954
- Property Status: ResidentialIncome
- Listed by: Kelly Morgan
- DRE #: 01898026
- Contact Mail: Kelly@KellyMorganCommercial.com
- Brokered by: Houze Real Estate Management
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