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7000 Etiwanda Ave
Reseda, CA 91335
7000 Etiwanda Apartments · Multifamily Property For Sale
·
33 Units
Investment Highlights
- STRONG IN-PLACE CASH FLOW - Underwritten current NOI of approximately $320,010, reflecting a 5.82% cap rate at the asking price based on OM financials
- ATTRACTIVE CURB APPEAL & COMMUNITY LAYOUT - Brick exterior and central courtyard layout enhance visual appeal while fostering tenant retention.
- STRONG PARKING RATIO - 34 parking spaces, featuring a combination of carport and tuck-under parking
- SCALE WITH EFFICIENT UNIT MIX - 33 units + 1 nonconforming unit consisting of (6) studios and (27) one-bedroom units
- POOL AMENITY & OUTDOOR LIVING - Central courtyard pool provides a desirable lifestyle amenity and competitive leasing advantage
- ANCILLARY INCOME FEATURES - Dedicated on-site laundry facility generating additional revenue
Property Facts
| No. Units | 33 | Building Size | 19,941 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.71/1,000 SF |
| Lot Size | 0.62 AC | ||
| Zoning | LAR3 - Residential | ||
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.62 AC |
| Building Size | 19,941 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.71/1,000 SF |
| Zoning | LAR3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | 533 |
| 1+1 | 27 | - | 708 |
Property Taxes
| Parcel Number | 2125-032-015 | Improvements Assessment | $1,264,416 |
| Land Assessment | $540,997 | Total Assessment | $1,805,413 |
Property Taxes
Parcel Number
2125-032-015
Land Assessment
$540,997
Improvements Assessment
$1,264,416
Total Assessment
$1,805,413
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