7249 Baird Avenue, Reseda, CA 91335 (MLS # 26852325)

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PRICE $9,650,000 dsIDX morgage calculator
BEDS 41
BATHS 41
HOME SIZE 29,588 sqft
LOT SIZE 25,501 sqft

The Kelly Morgan Commercial Group is pleased to present a rare opportunity to acquire a 39 unit multifamily portfolio consisting of two properties located on the same block in Reseda, California: 27 units at 7249 Baird & 12 units at 18540 Wyandotte (both properties must be purchased together). The metrics on this listing pertain to the portfolio, not individually. The portfolio offers strong in place cash flow with a current 6.27% cap rate and 10.15 GRM, along with significant upside through rental increases and the potential development of up to 9 ADUs. Unlike many Los Angeles apartment properties, the assets are not subject to LA City Rent Control, allowing for annual rent increases of 5% plus CPI. Ideally located near Sherman Way and Reseda Boulevard, the properties benefit from an 86 Walk Score, convenient access to public transportation, nearby retail, dining, parks, and major educational institutions including CSUN and Pierce College. Combining immediate income, value-add potential, and a highly desirable San Fernando Valley location, this portfolio presents an attractive opportunity for investors seeking both cash flow and long-term appreciation. Disclaimer: Property sold as is, where is.

DAYS ON MARKET 4 LAST UPDATED 6/25/2026
YEAR BUILT 1989 COMMUNITY RES - Reseda
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
AREA RES - Reseda
HEAT Wall Furnace
LOT 0.5854 acre(s)
LOT DIMENSIONS 25500
PARKING Covered
STORIES 2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by : Kelly Morgan, Houze Real Estate Management

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