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Description
6809 Baird Ave is a 15-unit multi-family asset located in the heart of Reseda. This well maintained income property sits on an 11,912 SF lot and features a unit mix of 2 bedroom, 1 bedroom, bachelor, and studio units. The new owner can take full advantage of this value-add opportunity by capturing the remaining 25% upside in rents, as 6809 Baird Ave remains an attractive property to a wide variety of qualified tenants in the ever developing city of Reseda, California. Tenants enjoy on-site amenities such as gated parking and laundry and the Soft-Story Retrofit has been completed per LADBS requirements. Centrally located in the San Fernando Valley, Reseda is one of the the fastest growing sub-markets for multi-family investments in the Greater Los Angeles Area. The recent suburbanization along with the diverse population makes it a very desirable location for both renters and homeowners. NOTE: Unit 14 is a 1+1 renting for $1,500/mo & Unit 15 is a bachelor renting for $702/mo.
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Listing Agent: Chase Simonton 01766871 Courtesy of: RE/MAX One "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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Updated: 13th August, 2022 12:17 PM (UTC)
