7249 Baird Ave

Reseda, CA 91335
  • $8,400,000

    Price
  • 41

    Bed
  • 41

    Bath
  • 29,588

    SqFt

About the Listing X71068 - C121229

Financial Metrics: 6.35% cap rate, 9.29 GRM upside to 7.11% cap rate and 8.58 GRM after ADU construction costs. Not Subject to LA City Rent Control: Allows for annual increases of 5% + CPI (currently 8.7%)select units due for increases immediately. Value-Add Potential: Offers the potential to add up to 9 ADUs across the two properties; some with patios; select units already upgraded. Location Benefits: Near Sherman Way & Reseda Blvd retail, grocery, dining, pharmacy, parks, CSUN, and Pierce College. Transit Access: One block from the Reseda Blvd/Sherman Way corridor; Metro G Line approximately 1.5 miles away. High Walk Score: 86 Walk Score highly walkable neighborhood for daily errands, shopping, and dining on foot.

Listing Highlights for 7249 Baird Ave

Status Active
Days on Site 5
Property Type Multi-Family
MLS ® 26105823
Year Built 1989
Total Square Footage 29,588
County Los Angeles

Interior Details

  • Bedrooms: 41
  • Bathrooms: 41 Full
  • Appliances:
  • Air Cond: Central,Wall/Window
  • Heating: Wall
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 66
  • Zoning: LAR3
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Covered Parking

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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Listing Location

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7249 Baird Ave Reseda, CA 91335

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Clemens Mandell

| Clemens Mandell | Coldwell Banker Realty

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