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Jenn Smart

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7249 Baird Ave , Reseda, CA 91335
$8,400,000
Est. Payment: $18,666.67/mo
5 Bed
5 Bath
29588 Sqft
0.59 Acres
Status: active | Days on site: 8
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CLW-X71068 - CLW-C121229
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House Description

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.

Highlights

Listed by Kelly Morgan , 310-836-3638 Houze Real Estate Management , 323-852-1372. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.59

Year Built

1989

County

Los Angeles

Area

RES - Reseda

Listing ID

26105823

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:5
Air Cond:Central Air,Wall/Window Unit(s)
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:66
Zoning:LAR3
Others:
  • ▪ Additional:2+ Total Units, Has ADU
Parking Features:Covered
Principal Interest
$18,667
Taxes
$5,355

Home Price

$8,400,000

Loan Details

30 yrs
0%

Down Payment

20%
$1,680,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$18,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $18,666.67 $5,355.00 $0.00 $24,021.67
Yearly $224,000.00 $64,260.00 $0.00 $288,260.00
Total $6,720,000.00 $1,927,800.00 $0.00 $8,647,800.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Reseda, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T17:38:50.000Z

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