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Value-Add 6-Unit Multifamily with ADU Potential in Prime Reseda, CA. An excellent investment opportunity with immediate income and strong upside potential! This 6-unit apartment building in the heart of Reseda offers a 4.75% cap rate with plans ready to issue for two ADUs, boosting the projected cap rate to 7.08%. Property Highlights: Upgraded features Newer roof, copper plumbing, modern flooring, and updated windows. ADU potential RTI plans for 2 additional units, maximizing future rental income. Exceptional value Just $228,125 per unit and $272 per square foot post-ADU. Strong post-ADU cash flow 7.60% pre-tax return after additions. Prime location Walk Score of 86, near shopping, dining, CSUN & transit (Metro Local 240 & DASH Northridge)***Contact us today for details***
Property Type(s):
Residential Income
| Last Updated | 3/4/2025 | Year Built | 1954 |
|---|---|---|---|
| Community | Reseda | County | Los Angeles |
Additional Details
| AREA | Reseda |
|---|---|
| GARAGE | Detached Carport |
| LOT | 8003 sq ft |
| PARKING | Detached Carport |
| STORIES | 2 |
| ZONING | LAR2 |
Location
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Listed with KW Advisors
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