7249 Baird Avenue, Reseda, CA 91335
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
7249 Baird Avenue,Reseda, CA 91335
$8,400,000
- 41 Beds
- 41 Baths
- 29,588 sq. ft.
- Multi-family
- Active
Listed by: kelly morgan
Office: houze real estate management323-852-1372
MLS#:26105823
Source:CRMLS
Price summary
- Price:$8,400,000
- Price per sq. ft.:$283.9
About this home
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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Home facts
- Year built:1989
- Listing ID #:26105823
- Added:3 day(s) ago
- Updated:November 06, 2026 at 02:58 PM
Rooms and interior
- Bedrooms:41
- Total bathrooms:41
- Living area:29,588 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall Window Units
- Heating:Wall Furnace
- Central air:Yes
Structure and exterior
- Year built:1989
- Building area:29,588 sq. ft.
- Lot area:0.59 Acres
- Levels:2 Story
Finances and disclosures
- Price:$8,400,000
- Price per sq. ft.:$283.9
Parking
- Total parking spaces:66
- Parking description:Covered
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