8135 Reseda Blvd | Reseda, CA 91335
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
8135 Reseda Blvd
Reseda, CA 91335
5.45% CAP & 25% Upside by Northridge Hospital · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- 8135 Reseda is a 10-unit complex built in 1981 and not subject to City of LA RSO (AB-1482). This exemption allows for an 8.8% annual rent increase.
- Value-add opportunity with approx. 25% rental upside, 7.44% CAP and 9.56 GRM on market rents based on renovated units in the area.
- Property amenities include gated entry, approx. 14 parking spaces, and community laundry.
- Located across the street from Dignity Health Northridge Hospital (approx. 1,800 employee) and 2 miles south of CSUN.
- Offered at $250,000 per unit, $271 per foot, 5.45% CAP and 11.87 GRM on current rents.
- Can be purchased individually or in conjunction in 14245 Roscoe Blvd, a 6-unit complex w/ approx. 30% rental upside, located blocks from Panorama Mall
PROPERTY FACTS
| No. Units | 10 | Building Size | 9,214 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1981 |
| Building Class | C | Parking Ratio | 1.52/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | R3-1, Los Angeles | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 9,214 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1981 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | R3-1, Los Angeles |
AMENITIES
UNIT AMENITIES
- Balcony
- High Speed Internet Access
- Refrigerator
- Tub/Shower
- Smoke Free
SITE AMENITIES
- Laundry Facilities
- Security System
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 2 | $2,000 | - |
| 2+2 | 1 | $1,650 | - |
| 2+1 | 1 | $1,800 | - |
| 1+1 | 6 | $1,425 | - |
PROPERTY TAXES
| Parcel Number | 2103-007-012 | Improvements Assessment | $403,118 |
| Land Assessment | $167,955 | Total Assessment | $571,073 |
PROPERTY TAXES
Parcel Number
2103-007-012
Land Assessment
$167,955
Improvements Assessment
$403,118
Total Assessment
$571,073
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
