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7249 Baird Avenue, Reseda, CA 91335

Reseda
Local realty services provided by:CENTURY 21 Coastal Properties
7249 Baird Avenue,Reseda, CA 91335
$8,400,000
  • 41 Beds
  • 41 Baths
  • 29,588 sq. ft.
  • Multi-family
  • Active
Listed by: kelly morgan
Office: houze real estate management323-852-1372
MLS#:26105823
Source:CRMLS

Price summary

  • Price:$8,400,000
  • Price per sq. ft.:$283.9

About this home

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.

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Home facts

  • Year built:1989
  • Listing ID #:26105823
  • Added:1 day(s) ago
  • Updated:November 03, 2026 at 01:27 PM

Rooms and interior

  • Bedrooms:41
  • Total bathrooms:41
  • Living area:29,588 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall Window Units
  • Heating:Wall Furnance
  • Central air:Yes

Structure and exterior

  • Year built:1989
  • Building area:29,588 sq. ft.
  • Lot area:0.59 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$8,400,000
  • Price per sq. ft.:$283.9

Parking

  • Total parking spaces:66
  • Parking description:Covered
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Jennette Toderick

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