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$995,000

Beds
4
Baths
3.0
sq ft
2,542

7543 Chimineas Ave, Reseda, CA 91335

7543 Chimineas Ave

Reseda, CA 91335

  • 119 days on market
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 close to schools, local dining, and major transit routes, this property complements the Delano asset to create a well-rounded, high-potential investment package.

Details

Property type

Single Family Residence

Lot size

9,743 sq ft

Price per sq ft

$392

Year built

1975

HOA

No

Price History

07/23/2024
CLAW

CLAW #24418417

Listed
$995,000

Schools & Community

Neighborhood: 

Reseda

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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Status: Active

Tomo last checked: 11/19/2024 at 5:10 PM

Listing updated: 11/08/2024 at 5:15 AM

Listed by: Sally Forster Jones, Compass Phone #: (310) 230-5478

MLS: CLAW #24418417

CLAW logo

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