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Listing Courtesy Of: Michael Anthony Salerno, 310-200-1309, Michael A Salerno
Listing Sold By: Michael Anthony Salerno
Local Realty Services Provided By: Keller Williams Encino Sherman Oaks
US / CA / Los Angeles / Kittridge Watch / 6500 Shirley Ave
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US / CA / Los Angeles / Kittridge Watch / 6500 Shirley Ave
6500 Shirley Ave, Reseda, CA 91335
24 Beds
16 Baths
sq ft
ac
US / CA / Los Angeles / Kittridge Watch / 6500 Shirley Ave

6500 Shirley Ave, Reseda, CA 91335

Estimation provided by Keller Williams Realty, LLC.
24 Beds
16 Baths
sq ft
ac
Sold
Sold
Open House:
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Property Description

16 units in quiet Reseda neighborhood. Twin 8 - unit buildings that are separately deeded. Huge lot - 22,859 sq. ft. with beautiful courtyard. Excellent unit mix - 8 - 1 bedroom + 1 bath and 8 - 2 bedroom + 1 bath units. The buildings were built in 1958 and there is 11,754 sq. ft. of building. Long term owner. The rents are significantly below market with over 50% upside in the rents. Onsite laundry. Individually metered for gas and electricity. New electrical panels. There is an excellent assumable loan with Chase. The current loan balance is $1,077,393, 3.25% fixed until 02/2029. The current monthly payment is $4,942.42. The Seller has given the tenants a rent increase effective 3/1/25. The rents stated in marketing information reflect the 3/1/25 rent increase. The property is centrally located in the San Fernando Valley with easy freeway access. Close to California State University, Northridge, Pierce Junior College, Warner Center and the Topanga Plaza Shopping Mall.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1958
Days on Site
177 Days
HVAC
Cooling: Wall/Window
Parking
16 Parking Spaces
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US / CA / Los Angeles / Kittridge Watch /

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