7543 Chimineas Avenue Active

Reseda (los Angeles),CA 91335

$ 995000

4 Beds

3 Baths

2542 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,542 sqft

Price per Sqft $391

MLS Listing ID CL24418417

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1975

Lot Size 9,743 Sqft

Acres 0.2237

Property Description

Presenting an unparalleled investment opportunity to acquire two prime multifamily properties in the heart of the San Fernando Valley: 14739 Delano Street, Van Nuys, and 7543 Chimeneas Avenue, Reseda. Offered together for $2.75M (14739 Delano Street available separately for $1.75M), these properties provide substantial income potential.14739 Delano Street spans 6,908 sq. ft. on a 7,503 sq. ft. lot, featuring 11 bedrooms and 8 bathrooms with a current gross rent of $12,800/month and a GRM of 11.3, promising future rental growth. The property's attractive unit mix of five two-bedroom units and three one-bedroom units ensures strong tenant retention. Its strategic location near Van Nuys Village shopping, dining, and the upcoming East San Fernando Valley Light Rail line adds unmatched convenience and appeal.7543 Chimeneas Avenue, nestled in a peaceful cul-de-sac in Reseda, offers two legal units with potential for versatile use----live in one, rent the other, or lease both. The front unit is currently renting for $2,600/month, and the back unit is renting for $1,800/month. The main house includes central A/C, an enclosed porch, and a two-car detached garage with ADU potential. The secondary unit features two bedrooms, one bathroom, a private backyard, and a spacious porch. Located cl

Location

State CA

County Los Angeles

Area Listing

Zoning LAR1

Interior

Heating Central

Cooling Central Air

Flooring Carpet

Fireplaces Type None

Fireplace No

Appliance Refrigerator

Laundry Dryer,Washer,Inside

Exterior

Pool None

View Y/N true

View City Lights

Total Parking Spaces 2

Private Pool false

Building

Story 1

Architectural Style Traditional

Level or Stories One Story

New Construction No

Others

Tax ID 2119006024

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