NOT LISTED FOR SALE

6655 Etiwanda Ave Reseda, CA 91335

Reseda Area
26 Beds
16 Baths
13,076 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: May 6, 2022

Last sale price $4,350,000 $333 Per Sq Ft

15 Days on Market

About This Home

As of May 2022

This well maintained 16-unit apartment complex located in a quiet residential neighborhood of Reseda, CA. This property was built in 1962 and features 6 one bedroom one-bathroom units, and 10 two-bedroom one-bathroom units. The property has secured gated access for tenants as well as the parking, located in the rear of the property. The property is centrally located in the south San Fernando Valley; a quiet residential neighborhood on the border of Tarzana and Encino. The property is north of the 101 Freeway, close to major transportation, walking distance to the Reseda Recreation Center, Reseda High School, and endless amenities. This well-maintained asset has the opportunity to renovate interiors and achieve market rents, which are over 30% higher than current rents. Earthquake retrofit work complete (buyer to verify).

Last Agent to Sell the Property

David Kaufman

David Ballin Kaufman License #01217537 Listed on: 02/16/2022

Last Buyer's Agent

David Kaufman

David Ballin Kaufman License #01217537 Listed on: 02/16/2022

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 14,652 Sq Ft Lot

Interior Spaces

  • 13,076 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 26 Bedrooms
  • 16 Bathrooms

Parking

  • 16 Parking Spaces
  • Covered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number 2125-017-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 13076
  • Lot Acreage: 0.3357
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 26
  • Laundry: Laundry Area
  • Total Bathrooms: 16.00
  • Equipment: Refrigerator
  • Price Per S Q F T: 321.20

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 16

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 55.22
  • Assessed Improvement Value: 1906549
  • Assessed Land Percent: 44.78
  • Assessed Land Value: 1545850
  • Total Assessed Value: 3452399
  • Assessor Parcel Number: 2125-017-001
  • Lot Size Area: 14652

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.07
  • Number Of Units: 16
  • Type Of Units: 1+1, 2+1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
4.42%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jan 25, 2019
Sold by
Bought by
Seller's Agent
Elliot Hassan
NorthMarq Realty Services, Inc.
Buyer's Agent
Elliot Hassan
NorthMarq Realty Services, Inc.
List Price
$3,350,000
Sold Price
$3,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 25, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,522,500
Interest Rate
4.13%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Reseda, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,350,000 Old Republic Title
$3,350,000 Ticor Title
$2,175,021 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $2,700,000
Previous Owner $1,920,000
Previous Owner $1,975,000
Previous Owner $1,522,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $4,350,000 +3.6% $333 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $4,200,000 +25.4% $321 / Sq Ft
01/31/2019 01/31/19 Sold $3,350,000 0.0% $256 / Sq Ft View Prior Sale
10/30/2018 10/30/18 For Sale $3,350,000 -- $256 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $57,047 $4,616,254 $2,069,355 $2,546,899
2024 $56,340 $4,525,740 $2,028,780 $2,496,960
2023 $55,263 $4,437,000 $1,989,000 $2,448,000
2022 $43,069 $3,521,446 $1,576,767 $1,944,679
2021 $42,500 $3,452,399 $1,545,850 $1,906,549
2019 $11,480 $2,394,139 $1,071,441 $1,322,698
2018 $29,663 $2,347,275 $1,050,433 $1,296,842
2016 $28,235 $2,252,286 $1,009,645 $1,242,641
2015 $27,835 $2,218,456 $994,480 $1,223,976
2014 $28,017 $2,175,000 $975,000 $1,200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-127075

The MLS
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