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6225 Reseda Blvd
Tarzana, CA 91335
Tarzana | 10.9 GRM | Attractive $/Unit & $/SF · Multifamily Property For Sale
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30 Units
Investment Highlights
- Substantial Rent Upside – Current Rents Approximately 49% Below Market Rates
- Rare Opportunity to Enter Tarzana Multifamily Market – Only Seven Properties Have Sold in Past Three Years (Source: CoStar COMPS)
- Outstanding Opportunity to Benefit from Recent Woodland Hills & Warner Center Developments, Without Paying Premium Prices Those Neighborhoods Command
- Attractively Priced at Only $206,667 per Unit and $241 per Square Foot
- Excellent Unit Mix – Mostly Two-Bedroom Apartments
- Approximately Four Miles from Proposed Promenade 2035 Development – 3,200,000 Square Foot Mixed-Use Sports and Entertainment Complex
Property Facts
| No. Units | 30 | Lot Size | 0.74 AC |
| Property Type | Multifamily | Building Size | 25,718 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.17/1,000 SF |
| Zoning | LAR3 - high density residential | ||
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 25,718 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.17/1,000 SF |
| Zoning | LAR3 - high density residential |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 450 |
| 1+1 | 8 | - | 550 |
| 2+1 | 10 | - | 900 |
| 2+1.5 | 6 | - | 950 |
| 3+2.5 | 4 | - | 1,100 |
Property Taxes
| Parcel Number | 2127-015-031 | Improvements Assessment | $4,796,729 |
| Land Assessment | $2,119,483 | Total Assessment | $6,916,212 |
Property Taxes
Parcel Number
2127-015-031
Land Assessment
$2,119,483
Improvements Assessment
$4,796,729
Total Assessment
$6,916,212
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