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7235 Baird Ave
Reseda, CA 91335
Multifamily Property For Sale
·
38 Units
Executive Summary
Positioned on a 32,332 SF lot, 7235 Baird Avenue is a well-maintained three-story, 35,880 SF apartment community featuring a highly desirable unit mix of four 1-bedroom units and thirty-four 2-bed/2-bath units. Residents enjoy a community pool, on-site laundry, and gated parking, which also provides supplemental parking income.
Current average rents of $1,832 for one-bedrooms and $1,988 for two-bedrooms offer approximately 17% rental upside, and active participation in a RUBS program that helps streamline operating expenses. As a 1987 construction, the asset is exempt from the Los Angeles RSO and operates under AB 1482 (5% + CPI), supporting predictable annual rent growth and a 5% hedge on top of inflation.
With its large unit sizes, strong amenity mix, and clear revenue growth potential, 7235 Baird Avenue presents a compelling opportunity in a consistently high-demand Reseda location.
Property Facts
| Sale Type | Investment | Lot Size | 0.74 AC |
| No. Units | 38 | Building Size | 50,208 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Zoning | LAC2 - Commercial | ||
| Sale Type | Investment |
| No. Units | 38 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.74 AC |
| Building Size | 50,208 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | LAC2 - Commercial |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Kitchen
- Tub/Shower
- Carpet
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Energy Star Labeled
- Elevator
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 750 |
| 2+2 | 34 | - | 950 |
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Property Taxes
| Parcel Number | 2118-028-025 | Improvements Assessment | $1,948,059 |
| Land Assessment | $766,442 | Total Assessment | $2,714,501 |
Property Taxes
