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Listed by: Kelly Morgan (310) 836-3638 DRE #01898026 | Houze Real Estate Management (323) 852-1372
$8,400,000
Monthly Est:$41,810
41 Beds
41 Baths
29,588sqft
7249 Baird Ave, Reseda, CA 91335
$8,400,000
$41,810/moEst:
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Multi Family
Built in 1989
$-- HOA
25,500 sqft lot
$284/sq.ft
Description
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.
- Houzeo last checked: 4 minutes ago
- Listing updated: November 3, 2026 at 12:24 am
- Source: California Regional MLS-CA | MLS#: 26105823
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1989
HOA Fees
-
Finished Area
29,588 sqft
Lot Size
25,500 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26105823
MLS Status
Active
Days on Market
2
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 41
Bathrooms: 41
Interior
Cooling
Central Air, Wall Window Units
Heating
Wall Furnace
Utilities & Energy
Parking Features
Covered
Price History
| Date | Event | Price |
|---|---|---|
11/02/2026 Source: | Price Decreased | $8,400,000 -6.25% $284/sqft |
08/21/2026 Source: | Listed for Sale | $8,960,000 $303/sqft |
06/25/2026 Source: | Off Market | $8,960,000 -7.15% $303/sqft |
06/25/2026 Source: | Listed for Sale | $9,650,000 $326/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 08:15PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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