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7412 Jamieson Ave
Reseda, CA 91335
Multifamily Property For Sale
·
2 Units


EXECUTIVE SUMMARY
Presented by
Douglas Elliman Real Estate
Exclusively Offered by: Isabelle Harris | DRE #02045584
Investment Overview
Douglas Elliman is pleased to present 7412 Jamieson Avenue, a fully renovated single-family residence with a permitted garage-conversion ADU, located in the highly sought-after Reseda neighborhood of Los Angeles.
Set on a generous ±10,728 sq ft lot, this 3-bedroom, 3.5-bath main home includes a converted garage currently generating income as a private ADU. Zoned LAR1 (Low-Density Residential), the property conforms to neighborhood standards while offering potential for additional detached ADU development, subject to local building requirements.
Currently leased at $7,200/month total, this turnkey residence provides immediate cash flow from day one, with tenants amenable to lease extensions up to two years.
Property Summary
Address: 7412 Jamieson Avenue, Reseda, CA 91335
Zoning: LAR1 (Single-Family Residential, Los Angeles)
Lot Size: ±10,728 SF
Building Size: ±2,470 SF total
Configuration:
Main House: 3 beds, 3.5 baths
ADU (converted garage): 2 beds, 1 bath
Occupancy: 100% leased
Parking: Detached carport + driveway
Page 2
Financial Summary
List Price: $1,500,000
Monthly Income: $7,200
Annual Gross Income: $86,400
Cap Rate (Stabilized): ~5.8%
Lease Terms: Month-to-month with tenant willingness to extend up to 2 years
ADU Expansion Feasibility Addendum
Under California state law (SB 9, AB 68, AB 881) and Los Angeles ADU ordinances, the following additions may be developed by-right:
Junior ADU (JADU): Up to 500 SF within the main house; must include an efficiency kitchen.
Detached ADU: Up to 1,200 SF; 4-ft setbacks; no parking required within 0.5 mi of transit.
Garage Replacement: If not permitted, can be rebuilt as ADU with roof deck or second level.
Site Potential:
Lot Size: ±10,728 SF with rear access
Room to add:
1 × Detached ADU (1,200 SF)
1 × JADU (500 SF)
Estimated Costs:
JADU: $75,000–$120,000
Detached ADU: $200,000–$350,000
Estimated Market Rents:
JADU: $1,600–$1,900/mo
Detached ADU: $2,500–$3,200/mo
Permitting Timeline: 3–6 months
Build Time: 6–9 months
Page 3
Combined rental income could increase from $7,200/month to $12,000+/month post-expansion.
Projected Rent Roll Comparison
Unit Type Current Income With Expansion
Main House $4,500 $4,500
Existing ADU $2,700 $2,700
Proposed JADU – $1,700
Proposed Detached ADU – $2,900
Total Monthly Income $7,200 $11,800
Contact
Exclusive Contact:
Isabelle Harris
Douglas Elliman Real Estate
DRE #02045584
Douglas Elliman Real Estate
Exclusively Offered by: Isabelle Harris | DRE #02045584
Investment Overview
Douglas Elliman is pleased to present 7412 Jamieson Avenue, a fully renovated single-family residence with a permitted garage-conversion ADU, located in the highly sought-after Reseda neighborhood of Los Angeles.
Set on a generous ±10,728 sq ft lot, this 3-bedroom, 3.5-bath main home includes a converted garage currently generating income as a private ADU. Zoned LAR1 (Low-Density Residential), the property conforms to neighborhood standards while offering potential for additional detached ADU development, subject to local building requirements.
Currently leased at $7,200/month total, this turnkey residence provides immediate cash flow from day one, with tenants amenable to lease extensions up to two years.
Property Summary
Address: 7412 Jamieson Avenue, Reseda, CA 91335
Zoning: LAR1 (Single-Family Residential, Los Angeles)
Lot Size: ±10,728 SF
Building Size: ±2,470 SF total
Configuration:
Main House: 3 beds, 3.5 baths
ADU (converted garage): 2 beds, 1 bath
Occupancy: 100% leased
Parking: Detached carport + driveway
Page 2
Financial Summary
List Price: $1,500,000
Monthly Income: $7,200
Annual Gross Income: $86,400
Cap Rate (Stabilized): ~5.8%
Lease Terms: Month-to-month with tenant willingness to extend up to 2 years
ADU Expansion Feasibility Addendum
Under California state law (SB 9, AB 68, AB 881) and Los Angeles ADU ordinances, the following additions may be developed by-right:
Junior ADU (JADU): Up to 500 SF within the main house; must include an efficiency kitchen.
Detached ADU: Up to 1,200 SF; 4-ft setbacks; no parking required within 0.5 mi of transit.
Garage Replacement: If not permitted, can be rebuilt as ADU with roof deck or second level.
Site Potential:
Lot Size: ±10,728 SF with rear access
Room to add:
1 × Detached ADU (1,200 SF)
1 × JADU (500 SF)
Estimated Costs:
JADU: $75,000–$120,000
Detached ADU: $200,000–$350,000
Estimated Market Rents:
JADU: $1,600–$1,900/mo
Detached ADU: $2,500–$3,200/mo
Permitting Timeline: 3–6 months
Build Time: 6–9 months
Page 3
Combined rental income could increase from $7,200/month to $12,000+/month post-expansion.
Projected Rent Roll Comparison
Unit Type Current Income With Expansion
Main House $4,500 $4,500
Existing ADU $2,700 $2,700
Proposed JADU – $1,700
Proposed Detached ADU – $2,900
Total Monthly Income $7,200 $11,800
Contact
Exclusive Contact:
Isabelle Harris
Douglas Elliman Real Estate
DRE #02045584
PROPERTY FACTS
| Price Per Unit | $722,500 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 6.07% | Building Size | 2,470 SF |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1937 |
| Property Subtype | Apartment | Parking Ratio | 0.4/1,000 SF |
| Apartment Style | Single-Family Home | ||
| Zoning | LAR1 - One-Family Residential | ||
| Price Per Unit | $722,500 |
| Sale Type | Investment |
| Cap Rate | 6.07% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.25 AC |
| Building Size | 2,470 SF |
| No. Stories | 1 |
| Year Built | 1937 |
| Parking Ratio | 0.4/1,000 SF |
| Zoning | LAR1 - One-Family Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Yard
- Freezer
- Island Kitchen
- Patio
SITE AMENITIES
- Laundry Facilities
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