Marcus & Millichap is pleased to present a twenty unit property located at 19340 Wyandotte Street, in Reseda, California. The property is located just north of Sherman Way and west of Tampa Avenue.
Reseda, centrally located in the San Fernando Valley, is well-known for housing the working class families of The Valley. The market has close proximity to all the amenities that both Ventura Boulevard and Topanga Canyon Boulevard have to offer. Ventura Boulevard features a host of world-class restaurants, an excellent business mix, grocery stores, exercise facilities and more. Meanwhile, Topanga Canyon offers two massive retail destinations including the Westfield Topanga Mall and the award-winning Village along with plenty of fine dining destinations, mom and pop boutique shops, and plenty more.
The property features an excellent unit mix of seventeen (17) two bedroom/two bathroom units, as well as three (3) three bedroom/two bathroom units. Some of the property's amenities include a large and secluded swimming pool, elevator for ease of access, balconies in some of the units and ample tuck-under parking. This well- maintained property is hitting the market for the first time ever and is being sold by the original developer.
This property offers investors an extremely rare opportunity to acquire twenty units in a prime Reseda pocket of the San Fernando Valley, with great upside rental potential and rare unit and property amenities.
