8135 Reseda Boulevard
$2,500,000
16
14
9,214
9,214
$271
Listed By Compass
Description
Located across the street from Dignity Health Northridge Hospital, and built in 1981, 8135 Reseda is a 10-unit complex that is NOT SUBJECT TO CITY OF LA RSO (AB-1482). This exemption allows for an 8.8% annual rent increase (CA max - 5% + CPI). This value-add opportunity is offered at $250,000 per unit, $271 per foot, and 11.87 GRM and 5.45% CAP on current rents. 8135 Reseda presents approx. 25% rental upside, and a future investor can reach a 7.44% CAP and 9.56 GRM, by achieving projected market...Located across the street from Dignity Health Northridge Hospital, and built in 1981, 8135 Reseda is a 10-unit complex that is NOT SUBJECT TO CITY OF LA RSO (AB-1482). This exemption allows for an 8.8% annual rent increase (CA max - 5% + CPI). This value-add opportunity is offered at $250,000 per unit, $271 per foot, and 11.87 GRM and 5.45% CAP on current rents. 8135 Reseda presents approx. 25% rental upside, and a future investor can reach a 7.44% CAP and 9.56 GRM, by achieving projected market rents for renovated units in the area. Situated just south of Roscoe Blvd, the complex is located across from Dignity Health Northridge Hospital, a major employer with approx. 2,000 employees, and is only 2 miles from California State University, Northridge (CSUN), home to over 38,000 undergraduate and graduate students. For those seeking additional opportunities, this property can be purchased individually or alongside 14245 Roscoe Blvd, a 6-unit complex with approx. 30% rental upside, located 0.3 miles from Panorama Mall and 1 mile from The Plant Shopping Center. Please email or call LA1 for more information.
Listing Agents
Property Details for 8135 Reseda Boulevard
Zoning
LAR3
Parcel Number2103007012
Total Units10.0
Living Area9214
Source Living AreaVendor Enhanced
AreaReseda Ranch (RESR)
Vacancy Rate0 Units
Lot Size Area8502
LISTING UPDATED: 12/17/2024 12:01 AM
Property Details for 8135 Reseda Boulevard
Status | Active |
---|---|
MLS # | 24-470641 |
Days on Market | 12 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1981 |
Lot Size | 0.20 AC / 8,502 SF |
County | Los Angeles County |
Building Information for 8135 Reseda Boulevard
Stories2Residences-Year Built1981Building Size-Lot Size0.20 AC / 8,502 SF
Property Information for 8135 Reseda Boulevard
Property History for 8135 Reseda Boulevard
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 8135 Reseda Boulevard
Taxable ValueLand$164,662Additions$400,614Total$565,276
Tax Record2024$8,333 ($694 / month)
Home Facts
Total Finished SqFt9,214 SqFtAbove Grade Finished SqFt9,214 SqFtLot Size8,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1981ZoningLAR3CountyLOS ANGELESAPN2103-007-012
Schools near 8135 Reseda Boulevard
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Blythe Street Elementary School PublicK to 5 | ||
Northridge Middle School Public6 to 8 | ||
Northridge Academy High Public9 to 12 | ||
Valley Academy Of Arts And Sciences 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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