Property listed by Equity Union, Heather Schmitt 818-201-8724
$1,257,500
Price Improvement! Exceptional Investment Opportunity in Prime Reseda — Now Offered at $1,257,500. Welcome to 6836, 6838 & 6838 ½ Aura Ave, a rare and highly versatile multi-unit property delivering incredible income potential and long-term upside for both seasoned investors and owner-users alike. With projected rental income of approximately $8,100… Read More per month across all three units, this property represents an outstanding addition to any real estate portfolio with immediate cash flow potential and future expansion opportunities already in place.
The property features three separate residences including a well-maintained main home, a newly constructed ADU, and a newly constructed SB9 ADU — all thoughtfully designed with private entrances, separation, and functionality in mind. Seller will deliver the property fully ready to go with all three units completed, including finishing the kitchenette in the SB9 ADU, allowing the future owner to maximize rental income from day one.
For owner-users, this property presents a unique opportunity to significantly offset a monthly mortgage payment while still enjoying the benefits of homeownership and additional passive income. The flexible layout is ideal for multigenerational living, owner occupancy with supplemental income, or a fully leased investment strategy.
Adding even more value and future upside, approved plans are already in place for tandem parking along the west side of the new construction, creating the opportunity to potentially convert the existing garage into a Junior ADU and transform the property into a four-unit income-producing asset. The possibilities here are truly exceptional for buyers looking to maximize returns and long-term appreciation.
Situated in a desirable Reseda neighborhood with convenient access to shopping, dining, parks, schools, and major freeways, this is a rare chance to acquire a high-performing, turn-key multi-unit property with strong projected income, expansion potential, and multiple paths to wealth building through real estate. Read Less
Listing Snapshot
Days Online
50
Last Updated
Property Type
SingleFamilyResidence
Beds
5
Full Baths
4
Square Ft.
2,456
Lot Size
0.14 Acres
Year Built
1951
MLS Number
SR26074090
Additional Details
Building
Built in 1951, Living area: 2456.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Community
3 units in community, Sidewalks
Cooling
CentralAir
Fireplaces
None
Floors
Tile
Garage
2 spaces
Home Owner's Association
Association Fee: $0
Interior Features
AllBedroomsDown
Laundry
Inside
Lot
0.1389 acres, Lawn
Parking
2 total parking spaces
Pool
None
Property
Other structures: GuestHouseDetached, Neighborhood
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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