7249 Baird Avenue
Reseda, CA 91335
41
Bed
0
Bath
29,588Sqft
25,500Sqft(Lot)
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 W
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 41Bathroom Information
Total Baths: 41 Full Baths: 0 Half Baths: 0 -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1989 Building Area Total: 29,588
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.5854 -
Lot Size Source: Assessor Lot Size Square Feet: 25500
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Listing Price Information
Original List Price: 9,650,000 Listing Contract Date: 2026-06-25 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 2118028047
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Garage and Parking
Garage Description: CoveredHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: RES - Reseda Directions: Ideally situated west of Reseda Boulevard and north of Sherman Way, providing convenient access to retail, transit, and major neighborhood amenities. Zoning: LAR3 Source Property Type: Residential Income Area: RES - Reseda -
Building and Construction
Property Age: 37 Year Built Source: Assessor Total Square Feet Living: 29588 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 8207 White Oak Avenue, Reseda, CA, 91335 | $799,000 | 4 | 2 | 1,474 | 1,474 SqFt |
| 7503 White Oak Avenue, Reseda, CA, 91335 | $799,000 | 2 | -- | 1,574 | 1,574 SqFt |
| 7339 White Oak, Reseda, CA, 91335 | $769,000 | 2 | 1 | 1,012 | 1,012 SqFt |
| 17852 Saticoy Street, Reseda, CA, 91335 | $1,690,000 | 4 | 3 | 2,930 | 2,930 SqFt |
| 17852 Saticoy Street, Reseda, CA, 91335 | $1,749,000 | -- | -- | 2,930 | 2,930 SqFt |
| 7931 Newcastle Avenue, Reseda, CA, 91335 | $739,900 | 4 | 1 | 1,250 | 1,250 SqFt |
| 18027 Hatton Street, Reseda, CA, 91335 | $849,950 | 3 | -- | 1,735 | 1,735 SqFt |
| 7322 Lindley Avenue, Reseda, CA, 91335 | $879,000 | 4 | 3 | 1,630 | 1,630 SqFt |
| 6659 Zelzah Avenue, Reseda, CA, 91335 | $987,000 | 4 | 3 | 2,513 | 2,513 SqFt |
| 18166 Keswick Street, Reseda, CA, 91335 | $799,950 | 3 | 1 | 1,239 | 1,239 SqFt |
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ByOwner last updated this listing 07/02/2026 @ 06:27
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