$995,000
7543 Chimineas Avenue Reseda (los Angeles), CA 91335
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$995,000
Est. payment /mo
4 Beds
3 Baths
2,542 SqFt
UPDATED:
11/08/2024 03:13 PM
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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Listed by Sally Forster Jones • Compass
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