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7259 Baird Ave
Reseda, CA 91335
Multifamily Property For Sale
·
9 Units
Executive Summary
7259 Baird Avenue — 9 Units | Built 1987
Just steps from its companion property, 7259 Baird Avenue is a well-maintained 9-unit community situated on an 8,004 SF lot with 7,960 SF of building area. The property offers a balanced and efficient mix of four 1-bedroom units, two 2-bed/1.5-bath units, and three 2-bed/2-bath units. Residents benefit from on-site laundry and gated parking, which also produces additional parking income.
Current average rents range from $1,777 for one-bedrooms to $2,295 for 2-bed/1.5-bath units and $2,130 for 2-bed/2-bath units, representing approximately 7% rental upside. The property operates under a RUBS program and, as a 1987 construction, is exempt from the Los Angeles RSO and operates under AB 1482 (5% + CPI), supporting predictable annual rent growth.
Compact, well-maintained, and income-efficient, 7259 Baird Avenue complements its larger counterpart by offering additional scale and stable
performance in a high-demand Reseda rental corridor.
Just steps from its companion property, 7259 Baird Avenue is a well-maintained 9-unit community situated on an 8,004 SF lot with 7,960 SF of building area. The property offers a balanced and efficient mix of four 1-bedroom units, two 2-bed/1.5-bath units, and three 2-bed/2-bath units. Residents benefit from on-site laundry and gated parking, which also produces additional parking income.
Current average rents range from $1,777 for one-bedrooms to $2,295 for 2-bed/1.5-bath units and $2,130 for 2-bed/2-bath units, representing approximately 7% rental upside. The property operates under a RUBS program and, as a 1987 construction, is exempt from the Los Angeles RSO and operates under AB 1482 (5% + CPI), supporting predictable annual rent growth.
Compact, well-maintained, and income-efficient, 7259 Baird Avenue complements its larger counterpart by offering additional scale and stable
performance in a high-demand Reseda rental corridor.
Property Facts
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 9 | Building Size | 7,960 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1987 |
| Apartment Style | Low-Rise | Parking Ratio | 1.56/1,000 SF |
| Building Class | C | ||
| Zoning | R3 - Restricted Density Multiple Dwelling | ||
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,960 SF |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | R3 - Restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 9 | - | - |
Property Taxes
| Parcel Number | 2118-028-023 | Improvements Assessment | $555,377 CAD |
| Land Assessment | $222,140 CAD | Total Assessment | $777,517 CAD |
Property Taxes
Parcel Number
2118-028-023
Land Assessment
$222,140 CAD
Improvements Assessment
$555,377 CAD
Total Assessment
$777,517 CAD
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