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7650 Reseda Blvd
Reseda, CA 91335
Reseda Apartments · Multifamily Property For Sale · 36 Units

PROPERTY FACTS

No. Units 36
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.70 AC
Building Size 23,713 SF
Average Occupancy 100%
No. Stories 2
Year Built 1965
Parking Ratio 1.6/1,000 SF
Zoning LAR3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Disposal
  • Heating
  • Ceiling Fans
  • Kitchen
  • Range
  • Tub/Shower
  • Carpet

SITE AMENITIES

  • Fenced Lot
  • Laundry Facilities
  • Gas Range
  • Storage Space

ABOUT 7650 RESEDA BLVD , RESEDA, CA 91335

Built in 1965, Reseda-Keswick Apartments offers 36 quality apartments in a single wood-frame, two-story residential building. Residents choose from a wide variety of floor plans ranging from studio apartments to large three-bedroom units. Interiors offer spacious kitchens with a full appliance package and many include new paint and flooring. Current in-place rents average 20% less than projected market rents demonstrating considerable upside. An investor is afforded consistent revenue growth for years to come. Reseda-Keswick is conveniently located on the southeast corner of Keswick Street and Reseda Boulevard, just north of Saticoy Street. Reseda Boulevard is a major thoroughfare running north-south from the Ventura (101) Freeway in the south to the Simi Valley (118) Freeway to the north therefore residents have easy access to all of greater Los Angeles. Residents are also close to the Golden State Freeway (I-5) and nearby airports in Van Nuys and Burbank. The popular Northridge Fashion center is a 1.5 million-square-foot shopping center situated two miles from the property and features more than 170 shops, restaurants, and specialty stores. Anchors include Pacific Theater, Macy's, and JC Penney.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 $1,100 460
1+1 16 $1,450 600
2+2 4 $1,600 900
3+2 6 $1,875 950 - 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2119-001-065
Land Assessment
$2,830,068
Improvements Assessment
$4,245,662
Total Assessment
$7,075,730
  • Listing ID: 13109693

  • Date on Market: 7/9/2018

  • Last Updated:

  • Address: 7650 Reseda Blvd, Reseda, CA 91335

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