Reseda (RES) Homes with Apartment Subtype

Welcome to Reseda, a vibrant neighborhood nestled in the heart of Los Angeles County, California. Known for its rich cultural diversity and family-friendly atmosphere, Reseda offers a unique blend of suburban charm and urban convenience. With its tree-lined streets, local parks, and a variety of shops and restaurants, this community is perfect for those seeking a balanced lifestyle.

Reseda is well-connected, making it easy to explore all that Los Angeles has to offer. Whether you're heading to the bustling streets of Hollywood or enjoying the scenic beauty of the San Fernando Valley, you'll find that Reseda is ideally situated for both work and play. The area is also home to several schools, recreational facilities, and community programs, making it an excellent choice for families.

For those considering a home in this charming neighborhood, Reseda offers a variety of housing options, including homes with apartment subtypes. These properties provide a fantastic opportunity for multi-generational living or rental income potential. Imagine owning a spacious home with separate living quarters that can accommodate extended family members or generate additional revenue.

With a range of prices and styles, from cozy bungalows to modern townhouses, there’s something for everyone in Reseda. Enjoy the benefits of homeownership while embracing the community spirit that Reseda is known for. Whether you're a first-time buyer, an investor, or looking for a place to settle down, Reseda's homes with apartment subtypes present an excellent opportunity to invest in your future. Discover the charm of Reseda today!

Newest Reseda (RES) Homes with Apartment Subtype

$1,250,000

GD26222109 MLS ⋅ Active Status

PRIME 6-UNIT INVESTMENT OPPORTUNITY IN THE HEART OF THE SAN FERNANDO VALLEY ! Excellent opportunity to own a well-maintained, income-producing 6-unit multifamily property in a desirable and convenient Reseda location! Situated at 19406 Gilmore Street, this property offers an attractive unit mix of four 1-bedroom, 1-bathroom units and two 2-bedroom, 1-bathroom units, totaling approximately 4,294 square feet on a generous 7,136-square-foot lot. The property features 6 parking spaces, individually metered gas and electricity for each unit, and an established rental history with reliable, long-term tenants who consistently pay their rent on time. Excellent value-add opportunity! Unit #1 has been recently renovated and successfully re-rented at current market rent, demonstrating the property's income potential. The remaining units are rented below market rates, offering investors the opportunity to increase rental income over time through legally permitted rent adjustments, subject to applicable rent control regulations. LOCATION, LOCATION, LOCATION! Conveniently situated just north of Victory Boulevard and west of Tampa Avenue, the property enjoys a central West San Fernando Valley location. Close to Los Angeles Pierce College, Warner Center, Westfield Topanga Shopping Center, restaurants, shopping, schools, and everyday conveniences. Easy access to major Valley thoroughfares adds to the location's appeal for tenants. Whether you're an experienced investor expanding your portfolio or a buyer looking for a multifamily investment with long-term growth potential, this property offers a compelling combination of established rental income, desirable unit mix, convenient parking, a central location, and future income upside. Don't miss this opportunity to acquire a 6-unit income-producing asset in the San Fernando Valley! *Seller intends to complete a 1031 exchange. The transaction will be at no additional cost or expense to the buyer and will not delay the close of escrow. Buyer agrees to cooperate with the seller's 1031 exchange at no cost or liability to the buyer.*

19406 Gilmore, Reseda

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.