7249 Baird Ave, Reseda, CA 91335
See all 18 photos
7249 Baird Ave, Reseda, CA 91335
7249 Baird Ave, Reseda, CA 91335
7249 Baird Ave, Reseda, CA 91335
7249 Baird Ave, Reseda, CA 91335
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Gabriel Carrasco

Gabriel Carrasco

+1(424) 422-6029
$ 9,650,000
Est. payment /mo
Save
Active

7249 Baird Ave Reseda, CA 91335

41 Beds

41 Baths

29,588 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 29,588 sqft

Price per Sqft $326

MLS Listing ID 26852325

Bedrooms 41

Year Built 1989

Lot Size 0.585 Acres

Property Sub-Type Multi-Family

Property Description

The Kelly Morgan Commercial Group is pleased to present a rare opportunity to acquire a 39 unit multifamily portfolio consisting of two properties located on the same block in Reseda, California: 27 units at 7249 Baird & 12 units at 18540 Wyandotte (both properties must be purchased together). The metrics on this listing pertain to the portfolio, not individually. The portfolio offers strong in place cash flow with a current 6.27% cap rate and 10.15 GRM, along with significant upside through rental increases and the potential development of up to 9 ADUs. Unlike many Los Angeles apartment properties, the assets are not subject to LA City Rent Control, allowing for annual rent increases of 5% plus CPI. Ideally located near Sherman Way and Reseda Boulevard, the properties benefit from an 86 Walk Score, convenient access to public transportation, nearby retail, dining, parks, and major educational institutions including CSUN and Pierce College. Combining immediate income, value-add potential, and a highly desirable San Fernando Valley location, this portfolio presents an attractive opportunity for investors seeking both cash flow and long-term appreciation. Disclaimer: Property sold as is, where is.

Location

State CA

County Los Angeles

Area Reseda

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment None

Exterior

Parking Features Covered Parking

Garage Spaces 70.0

Building

Lot Description 2-4 Lots

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Houze Real Estate Management
Gabriel Carrasco

Gabriel Carrasco

Agent | License ID: DRE# 02229520

+1(424) 422-6029

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from REAL Brokerage, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

7249 Baird Ave