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

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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

PROPERTY FACTS

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
  • Listing ID: 36506292

  • Date on Market: 6/26/2025

  • Last Updated:

  • Address: 7412 Jamieson Ave, Reseda, CA 91335

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