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7311 Darby Place

Reseda, CA 91335
  • $1,250,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: BB22244023
UPDATED: 215 min ago
$1,250,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1949
County:
Area:

School Ratings & Info

Listing Agent(s): Willie Hertz of Media West Realty,Inc. (818-845-9700) and Christopher Hertz of Media West Realty,Inc.(818-845-9700)


Description

Don't miss out on your chance to own two homes on a lot! This property is perfect for a multi-family, an investment property with solid monthly income, or as a primary residence with a chance to hedge part of the mortgage. It currently has one two bedroom home fully remodeled in 2020 and a beautiful large home in the back comprised of 3 bedrooms which was newly built in 2021. Both homes feature up to date kitchens, open floor plans for entertaining, new central air units, energy efficient windows, and newly redone electrical panels. With an almost 10,000 sqft lot both units have ample space and yards. The property sits on a quiet street and is conveniently located near shopping, grocery stores, and near the 101 freeway. Currently tenant occupied homes bring in $6,700 per month (3000 + 3700) and have room for upside. Seller currently has approved plans from the city to also convert the garage into a junior ADU which would allow for even more income on a property that already has terrific cash-flow.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-03T00:28:48.4. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/134887387
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7311 Darby Place Reseda, CA 91335

  • Price: $1,250,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 215 min ago
  • ID#: BB22244023
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1949
Built
Neighborhood:
RES - Reseda
County:
Los Angeles
Area:
RES - Reseda
Property Description
Don't miss out on your chance to own two homes on a lot! This property is perfect for a multi-family, an investment property with solid monthly income, or as a primary residence with a chance to hedge part of the mortgage. It currently has one two bedroom home fully remodeled in 2020 and a beautiful large home in the back comprised of 3 bedrooms which was newly built in 2021. Both homes feature up to date kitchens, open floor plans for entertaining, new central air units, energy efficient windows, and newly redone electrical panels. With an almost 10,000 sqft lot both units have ample space and yards. The property sits on a quiet street and is conveniently located near shopping, grocery stores, and near the 101 freeway. Currently tenant occupied homes bring in $6,700 per month (3000 + 3700) and have room for upside. Seller currently has approved plans from the city to also convert the garage into a junior ADU which would allow for even more income on a property that already has terrific cash-flow.
Exterior Features

Fencing Wood Lot Features 0-1 Unit/AcreBack YardFront YardStreet Level Number Of Separate Electric Meters 2 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features ParkStreet LightsSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 80400 Gross Scheduled Income 80400 Insurance Expense 0 Land Lease YN No Laundry Features Laundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanConventional1031 Exchange Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 0 Property Sub Type Single Family Residence Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 80400 Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lar1



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-12-03T00:28:48.4. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Willie Hertz of Media West Realty,Inc. (818-845-9700) and Christopher Hertz of Media West Realty,Inc.(818-845-9700)