7543 Chimineas AVE Active Save Request In-Person Tour Request Virtual Tour
Reseda,CA 91335
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,542 sqft
Price per Sqft $391
MLS Listing ID 24418417
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1975
Lot Size 9,744 Sqft
Property Description
Presenting an unparalleled investment opportunity to acquire two prime multifamily properties in the heart of the San Fernando Valley: 14739 Delano Street, Van Nuys, and 7543 Chimeneas Avenue, Reseda. Offered together for $2.75M (14739 Delano Street available separately for $1.75M), these properties provide substantial income potential.14739 Delano Street spans 6,908 sq. ft. on a 7,503 sq. ft. lot, featuring 11 bedrooms and 8 bathrooms with a current gross rent of $12,800/month and a GRM of 11.3, promising future rental growth. The property's attractive unit mix of five two-bedroom units and three one-bedroom units ensures strong tenant retention. Its strategic location near Van Nuys Village shopping, dining, and the upcoming East San Fernando Valley Light Rail line adds unmatched convenience and appeal.7543 Chimeneas Avenue, nestled in a peaceful cul-de-sac in Reseda, offers two legal units with potential for versatile use----live in one, rent the other, or lease both. The front unit is currently renting for $2,600/month, and the back unit is renting for $1,800/month. The main house includes central A/C, an enclosed porch, and a two-car detached garage with ADU potential. The secondary unit features two bedrooms, one bathroom, a private backyard, and a spacious porch. Located close to schools, local dining, and major transit routes, this property complements the Delano asset to create a well-rounded, high-potential investment package.
Location
State CA
County Los Angeles
Area Res - Reseda
Zoning LAR1
Interior
Heating Central
Cooling Central Air
Flooring Carpet
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Appliance Refrigerator,Dryer,Washer
Laundry Inside
Exterior
Parking Features Door-Multi,Garage
Pool None
View Y/N Yes
View City Lights
Total Parking Spaces 2
Private Pool No
Building
Story 1
Entry Level One
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2119006024
Special Listing Condition Standard