Active

6834 Baird Avenue

Reseda, CA 91335

$3,195,000 $13,470/Mo

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Overview

16,010

Sqft(Lot)

Description

We are excited to offer a premier opportunity to acquire a Ready-to-Issue (RTI), 91-unit, fully Affordable Housing Development, set on a spacious 16,010 SF lot in the highly sought-after and rapidly evolving Reseda neighborhood. This prime site is perfectly situated for accessibility, just moments away from key local destinations like the Van Nuys Airport and Warner Center, providing seamless access to transportation, shopping, and major employment centers. Designed for both efficiency and cost-effectiveness, this 4-story, stacked on-grade development features a thoughtfully planned unit mix, including 23 studios, 62 one-bedroom units, and 6 two-bedroom units, offering approximately 42,011 SF of buildable space. Set in a primarily residential area, the site offers excellent street parking availability, as well as a walkable environment with essential services and public transit just a short stroll away. The project benefits from eligibility for participation in the HCD Schedule VI moderate-income and TCAC Schedule IX low-income programs, both of which are standard for 100% affordable housing developments in Los Angeles. With the potential to attract Section 8 voucher tenants, rental income could increase by as much as 20% per unit, providing significant financial upside. A standout feature of this development is its zero parking requirement, resulting in substantial cost savings and a streamlined, transit-friendly design. With a Walk Score of 88, the neighborhood is rated as "Very Walkable," making it a perfect location for residents who prioritize ease of access to transit and daily amenities. This is an exceptional opportunity for investors looking to capitalize on one of Los Angeles' most promising affordable housing projects.

Property Details

Property Type : Land

Price : $3,195,000

AD Id : 63745265

MLS Id : 25478485

Lot Size : 16,010 Sqft(Lot)

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0 Full Baths: 0 Half Baths: 0

Lot Details

Lot Dimensions Source: Assessor Lot Size Acres: 0.3675 Lot Size Dimensions: 100x160
Lot Size Source: Assessor Lot Size Square Feet: 16010

Listing Price Information

Original List Price: 3,195,000 Listing Contract Date: 2025-02-04
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 2126022005

Other Property Info

Source Listing Status: Active Source Neighborhood: RES - Reseda Postal Code Plus 4: 4151 Directions: To reach 6834 Baird Ave, Reseda, CA 91335, take the 101 Freeway, exit at Reseda Blvd, and head north. Turn left onto Vanowen St, then right onto Baird Ave; the property is on your right. From the 405 Freeway, exit at Sherman Way, head west, turn left onto Reseda Blvd, right onto Vanowen St, then right onto Baird Ave. Zoning: (T)[Q]RAS4-1L-CDO-RIO Source Property Type: Land Area: RES - Reseda

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
De Soto, Reseda, CA, 91335	$80,000	--	--	--	7,984 Sqft(Lot)

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ByOwner last updated this listing 06/08/2026 @ 08:06

MLS: 25478485 LISTED BY: Jordan Petito, Keller Williams Beverly Hills 310-432-6400 SOURCE: CRMLS