7543 Chimineas Avenue
$995,000
4
3
2,542
2,542
$391
Listed By Compass
Description
Presenting an unparalleled investment opportunity to acquire two prime multifamily properties in the heart of the San Fernando Valley: 14739 Delano Street, Van Nuys, and 7543 Chimeneas Avenue, Reseda. Offered together for $2.75M (14739 Delano Street available separately for $1.75M), these properties provide substantial income potential.14739 Delano Street spans 6,908 sq. ft. on a 7,503 sq. ft. lot, featuring 11 bedrooms and 8 bathrooms with a current gross rent of $12,800/month and a GRM of 11.3,...Presenting an unparalleled investment opportunity to acquire two prime multifamily properties in the heart of the San Fernando Valley: 14739 Delano Street, Van Nuys, and 7543 Chimeneas Avenue, Reseda. Offered together for $2.75M (14739 Delano Street available separately for $1.75M), these properties provide substantial income potential.14739 Delano Street spans 6,908 sq. ft. on a 7,503 sq. ft. lot, featuring 11 bedrooms and 8 bathrooms with a current gross rent of $12,800/month and a GRM of 11.3, promising future rental growth. The property's attractive unit mix of five two-bedroom units and three one-bedroom units ensures strong tenant retention. Its strategic location near Van Nuys Village shopping, dining, and the upcoming East San Fernando Valley Light Rail line adds unmatched convenience and appeal.7543 Chimeneas Avenue, nestled in a peaceful cul-de-sac in Reseda, offers two legal units with potential for versatile use----live in one, rent the other, or lease both. The front unit is currently renting for $2,600/month, and the back unit is renting for $1,800/month. The main house includes central A/C, an enclosed porch, and a two-car detached garage with ADU potential. The secondary unit features two bedrooms, one bathroom, a private backyard, and a spacious porch. Located close to schools, local dining, and major transit routes, this property complements the Delano asset to create a well-rounded, high-potential investment package.
Listing Agents
Property Details for 7543 Chimineas Avenue
Zoning
LAR1
StyleTraditional
Parcel Number2119006024
Living Area2542
Source Living AreaVendor Enhanced
AreaReseda Ranch (RESR)
Lot Size Area9743
Source Lot Size AreaVendor Enhanced
LISTING UPDATED: 11/08/2024 12:07 AM
Property Details for 7543 Chimineas Avenue
Status | Active |
---|---|
MLS # | 24-418417 |
Days on Market | 121 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1975 |
Lot Size | 0.22 AC / 9,743 SF |
County | Los Angeles County |
Building Information for 7543 Chimineas Avenue
Stories1Year Built1975Building Size-Lot Size0.22 AC / 9,743 SF
Property Information for 7543 Chimineas Avenue
Property History for 7543 Chimineas Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7543 Chimineas Avenue
Taxable ValueLand$460,369Additions$460,369Total$920,738
Tax Record2023$11,558 ($963 / month)
Home Facts
Beds4Total Finished SqFt2,542 SqFtAbove Grade Finished SqFt2,542 SqFtStories1Lot Size9,740 SqFtStyleSingle Family ResidenceYear Built1975ZoningLAR1CountyLOS ANGELESAPN2119-006-024
Schools near 7543 Chimineas Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Garden Grove Elementary School PublicK to 5 | ||
Northridge Middle School Public6 to 8 | ||
Reseda Senior High School Charter9 to 12 | ||
John R. Wooden High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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