7249 Baird Avenue Reseda, CA $ 8,400,000
7249 Baird Avenue
$ 8,400,000
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7249 Baird Avenue

Reseda, CA, 91335
$ 8,400,000
Bedrooms41 Baths11.0 Sq 29,588

Monthly Estimate*

$ 58,017

Listed by Kelly Morgan, Houze Real Estate Management, Kelly@KellyMorganCommercial.com
7249 Baird Avenue, Reseda, CA 91335 - Image 1
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7249 Baird Avenue, Reseda, CA 91335 - Image 3
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7249 Baird Avenue, Reseda, CA 91335 - Image 9
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7249 Baird Avenue, Reseda, CA 91335 - Image 12
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7249 Baird Avenue, Reseda, CA 91335 - Image 18

Multi-Family Home for sale in Reseda, CA

for $8,400,000 with 41 bedrooms and 11 full baths. This 29,588 square foot home was built in 1989 on a lot size of 0.5854.

Financial Metrics: 6.35% cap rate, 9.29 GRM upside to 7.11% cap rate and 8.58 GRM after ADU construction costs. Not Subject to LA City Rent Control: Allows for annual increases of 5% + CPI (currently 8.7%)select units due for increases immediately. Value-Add Potential: Offers the potential to add up to 9 ADUs across the two properties; some with patios; select units already upgraded. Location Benefits: Near Sherman Way & Reseda Blvd retail, grocery, dining, pharmacy, parks, CSUN, and Pierce College. Transit Access: One block from the Reseda Blvd/Sherman Way corridor; Metro G Line approximately 1.5 miles away. High Walk Score: 86 Walk Score highly walkable neighborhood for daily errands, shopping, and dining on foot.

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Multi-Family Active

Price

$ 8,400,000

Bedrooms

41

Full Bath

11

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.5854

Year Built

1989

Town/City

Reseda

County/Region

Los Angeles

MLS | Web ID

26105823

Days on Market

6

Features
General
Living Area 29588
Heating Wall Furnace
Cooling Central Air Wall/Window Unit(s)
Zoning LAR3
Year Built 1989
Stories Count 2
Levels Two
Gross Income 904616
County Los Angeles
Net Operating Income 533301
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Ideally situated west of Reseda Boulevard and north of Sherman Way providing convenient access to retail transit and major neighborhood amenities.
City Reseda
Senior Community Y/N false
Number Of Units Total 39
MLS Area RES - Reseda
Lot Size Units Square Feet
Lot Size Square Feet 25500
Standard Status Active
Year Built Source Appraiser
Cap Rate 6.35
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Interior
Total Stories 0
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 41
Total Baths 41
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Exterior
Parking Features Covered
Total Parking 66
Lot Size Area 25500
Number of Buildings 3
Building Area Total 29588
Lot Size Acres 0.5854
Lot Size Source Assessor
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* Excluded Features
List By
Kelly Morgan

Listing Agent

Houze Real Estate Management

Broker

Kelly@KellyMorganCommercial.com

Email

Affordability Calculator

$58,017
Per Month
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Monthly Principal & Interest
$58,017
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/2/2026$8,400,000 Listed Price

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7249 Baird Avenue, Reseda, CA, 91335 is a Multi-Family Home for sale at $8,400,000 with 29,588 sqft and a lot size of 0.5854. 7249 Baird Avenue has 41 bedrooms, 11.0 baths, and was built in 1989. The property's zip code is 91335 which is in Reseda, CA