7249 Baird Avenue, Reseda, CA 91335

Reseda
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
7249 Baird Avenue,Reseda, CA 91335
$9,650,000
  • 41 Beds
  • 41 Baths
  • 29,588 sq. ft.
  • Multi-family
  • Active
Listed by: kelly morgan
Office: houze real estate management323-852-1372
MLS#:26852325
Source:CRMLS

Price summary

  • Price:$9,650,000
  • Price per sq. ft.:$326.15

About this home

The Kelly Morgan Commercial Group is pleased to present a rare opportunity to acquire a 39 unit multifamily portfolio consisting of two properties located on the same block in Reseda, California: 27 units at 7249 Baird & 12 units at 18540 Wyandotte (both properties must be purchased together). The metrics on this listing pertain to the portfolio, not individually. The portfolio offers strong in place cash flow with a current 6.27% cap rate and 10.15 GRM, along with significant upside through rental increases and the potential development of up to 9 ADUs. Unlike many Los Angeles apartment properties, the assets are not subject to LA City Rent Control, allowing for annual rent increases of 5% plus CPI. Ideally located near Sherman Way and Reseda Boulevard, the properties benefit from an 86 Walk Score, convenient access to public transportation, nearby retail, dining, parks, and major educational institutions including CSUN and Pierce College. Combining immediate income, value-add...

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Home facts

  • Year built:1989
  • Listing ID #:26852325
  • Added:3 day(s) ago
  • Updated:June 29, 2026 at 01:44 PM

Rooms and interior

  • Bedrooms:41
  • Total bathrooms:41
  • Living area:29,588 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1989
  • Building area:29,588 sq. ft.
  • Lot area:0.59 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$9,650,000
  • Price per sq. ft.:$326.15

Parking

  • Total parking spaces:70
  • Parking description:Covered
Based on information from California Regional Multiple Listing Service, Inc. as of June 29, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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