Property listed by Coldwell Banker Realty, Elham Khani 310-820-6651
$2,949,000
Exceptional Investment Opportunity in Reseda Near Northridge Don't miss this rare opportunity to own a premium multi-unit property situated on an expansive 18,061 SQFT lot in a desirable Reseda neighborhood, just minutes from Northridge. This impressive compound features three distinct units, each with a separate address, totaling 5,346 SQFT… Read More of living space ideal for multi-generational living or income-producing ventures such as multifamily housing, student housing, assisted living, hospice care, or sober living. Each unit offers its own private entrance and in-unit washer and dryer or hookups for added convenience.* House 1: Recently remodeled 5-bedroom, 3-bathroom main house with an open-concept layout, high ceilings, laminate flooring, and a modern kitchen with stainless steel appliances. Washer/dryer hookups included. Tenant currently paying $5,150/month on a month-to-month lease .* House 2: Newly built in 2025, this 4-bedroom, 4-bathroom home offers 2,095 SQFT of luxury living. Features include 10-foot ceilings, custom cabinetry, top-of-the-line appliances (electric cooktop, double oven, dishwasher), open layout, beautifully landscaped private backyard, two AC units, paid-off solar, and washer/dryer hookups.*House 3: A two-story townhome-style unit built in 2023 with 3 bedrooms and 3 bathrooms, approximately 1,200 SQFT. Includes stainless steel appliances (dishwasher, range, refrigerator, microwave), in-unit washer and dryer, private front yard, and paid-off solar panels. This thoughtfully designed property combines modern amenities, energy-efficient features, and versatile layout options perfect for both personal use and maximizing rental income. Read Less
Built in 1951, Building area total: 5,346, Levels: One, Two, Living area: 5346, 1 story, 3 buildings, Architectural style: CapeCod, Common walls: NoCommonWalls
Community
Gated
Doors
DoubleDoorEntry, SlidingDoors
Expenses
Gardener expense: $1,400, Insurance expense: $4,700, New taxes expense: $36,000
Fireplaces
None
Garage
2 spaces
Heating
Central, WallFurnace
Income
Gross income: $199,200, Net operating income: $157,100
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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