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$ 8,960,000
Est. payment | /mo
29,588 SqFt
$ 8,960,000
Est. payment | /mo
29,588 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 29,588 sqft
Price per Sqft $302
MLS Listing ID CL26852325
HOA Y/N No
Year Built 1989
Lot Size 0.585 Acres
Acres 0.5854
Property Sub-Type Other
Property Description
MAJOR PRICE REDUCTION - Kelly Morgan Multifamily Group presents a rare opportunity to acquire a 39 unit, two-property portfolio on the same block in Reseda (both properties to be purchased together). Priced to move, the offering combines immediate cash flow with significant upside through rental increases and ADU development, all in one of the San Fernando Valley's most walkable and well-located submarkets. Steps from Sherman Way and Reseda Boulevard, these properties offer convenient access to public transportation, nearby retail, dining, parks, and major educational institutions. Overall, this portfolio presents an attractive opportunity for investors seeking both cash flow and long-term appreciation. Disclaimer: Property sold as is, where is.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 2118028047
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Listed by Kelly Morgan • Houze Real Estate Management
Nearby Locations
9030 BRENTWOOD BLVD, BRENTWOOD, California 94513, United States