Reseda (RES) Homes with Apartment Subtype

Reseda (RES) Homes with Apartment Subtype

Welcome to Reseda, a vibrant neighborhood nestled in the heart of the San Fernando Valley in Los Angeles County, California. Known for its rich cultural diversity and strong sense of community, Reseda offers a unique blend of suburban charm and urban convenience. With tree-lined streets and an array of local parks, this area provides a welcoming environment for families, young professionals, and retirees alike.

Reseda is not just about its picturesque surroundings; it also boasts a variety of amenities that cater to every lifestyle. From trendy cafes and restaurants to shopping centers and recreational facilities, residents enjoy easy access to all the essentials. The nearby Reseda Park and the iconic Lake Balboa Park offer ample opportunities for outdoor activities, while the community’s calendar is filled with events that foster connection and camaraderie among neighbors.

For those seeking a home in this dynamic neighborhood, Reseda’s housing market features a variety of options, including homes with apartment subtypes. These properties are perfect for those looking to maximize their investment potential, as they provide the opportunity for rental income while enjoying the comforts of home. Whether you’re a first-time buyer, an investor, or someone looking for a multi-generational living solution, Reseda’s homes with apartment subtypes cater to diverse needs.

In summary, Reseda is not just a place to live—it’s a community where you can thrive. With its affordable housing options, rich cultural landscape, and friendly atmosphere, Reseda is undoubtedly a gem in the Los Angeles area waiting for you to discover. Come and explore all that this delightful neighborhood has to offer!

Newest Reseda (RES) Homes with Apartment Subtype

19406 Gilmore, Reseda
$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.

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