$8,960,000
$690K PRICE DROP

7249 Baird Ave Reseda, CA 91335

Reseda Area

Estimated payment $59,929/month

Total Views 8,270
41 Beds
41 Baths
29,588 Sq Ft
$303 Price per Sq Ft

About This Home

MAJOR PRICE REDUCTION - Kelly Morgan Multifamily Group presents a rare opportunity to acquire a 39 unit, two-property portfolio on the same block in Reseda (both properties to be purchased together). Priced to move, the offering combines immediate cash flow with significant upside through rental increases and ADU development, all in one of the San Fernando Valley's most walkable and well-located submarkets. Steps from Sherman Way and Reseda Boulevard, these properties offer convenient access to public transportation, nearby retail, dining, parks, and major educational institutions. Overall, this portfolio presents an attractive opportunity for investors seeking both cash flow and long-term appreciation. Disclaimer: Property sold as is, where is.

Listing Agent

Kelly Morgan

Houze Real Estate Management License #01898026 Listed on: 06/25/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 25,500 Sq Ft Lot
  • Corner Lot

Interior Spaces

  • 29,588 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 41 Bedrooms
  • 41 Bathrooms

Parking

  • 66 Parking Spaces
  • Covered Parking

Utilities

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

Community Details

  • 3 Buildings
  • 39 Units

Listing and Financial Details

  • Assessor Parcel Number 2118-028-047

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0.59 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 29588
  • Stories: 2
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 41
  • Total Bathrooms: 41.00
  • Price Per S Q F T: 302.83

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 66

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 2118-028-047
  • Lot Description: 2-4 Lots
  • Lot Location: Corner Lot
  • Lot Size Area: 25500

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.58
  • Number Of Units: 39
  • Type Of Units: Apartments

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/21/2026 08/21/26 Price Changed $8,960,000 -7.2% $303 / Sq Ft
06/25/2026 06/25/26 For Sale $9,650,000 -- $326 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26852325

The MLS
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