7249 Baird Avenue, Reseda, CA 91335

Reseda
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
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:9 day(s) ago
  • Updated:November 12, 2026 at 01:08 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 Furnance
  • 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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