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$1,257,500
Est. payment /mo
5 Beds
4 Baths
2,456 SqFt
Open House
Sat May 23, 12:00pm - 2:00pm
Sun May 24, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,456 sqft
Price per Sqft $512
MLS Listing ID SR26074090
Bedrooms 5
Full Baths 4
Year Built 1951
Lot Size 6,052 Sqft
Property Sub-Type Detached
Property Description
Price Improvement! Exceptional Investment Opportunity in Prime Reseda Now Offered at $1,257,500. Welcome to 6836, 6838 & 6838 Aura Ave, a rare and highly versatile multi-unit property delivering incredible income potential and long-term upside for both seasoned investors and owner-users alike. With projected rental income of approximately $8,100 per month across all three units, this property represents an outstanding addition to any real estate portfolio with immediate cash flow potential and future expansion opportunities already in place. The property features three separate residences including a well-maintained main home, a newly constructed ADU, and a newly constructed SB9 ADU all thoughtfully designed with private entrances, separation, and functionality in mind. Seller will deliver the property fully ready to go with all three units completed, including finishing the kitchenette in the SB9 ADU, allowing the future owner to maximize rental income from day one. For owner-users, this property presents a unique opportunity to significantly offset a monthly mortgage payment while still enjoying the benefits of homeownership and additional passive income. The flexible layout is ideal for multigenerational living, owner occupancy with supplemental income, or a fully leased investment strategy. Adding even more value and future upside, approved plans are already in place for tandem parking along the west side of the new construction, creating the opportunity to potentially convert the existing garage into a Junior ADU and transform the property into a four-unit income-pr
Location
State CA
County Los Angeles
Direction North of Tampa East of Vanowen
Interior
Cooling Central Forced Air
Flooring Tile
Fireplace No
Exterior
Garage Spaces 2.0
View Y/N Yes
Water Access Desc Public
View Neighborhood
Total Parking Spaces 2
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Senior Community No
Tax ID 2130018019
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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Listed by Heather Schmitt, DRE#02026142 Equity Union
Nearby Locations
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