6500 Shirley Ave
Reseda, CA 91335
24 Beds16 Baths11,754 Sq Ft10 Days on Market
For Sale $3,395,000
Request tour
Save
Courtesy of Michael Anthony Salerno
Listing Agent & Comments
Michael A Salerno • Michael Anthony Salerno
213-866-9801 • mike.salerno@lee-associates.com License #0121242716 units in quiet Reseda neighborhood. Twin 8 - unit buildings that are separately deeded. 6500-10 Shirley Avenue. Huge lot - 22,859 sq. ft. with beautiful courtyard. Excellent unit mix - 8 - 1 bedroom + 1 bath and 8 - 2 bedroom + 1 bath units. The buildings were built in 1958 and there is 11,754 sq. ft. of building. Long term owner. The rents are significantly below market with over 50% upside in the rents. Onsite laundry. Individually metered for gas and electricity. New electrical panels. Because the buildings are on separately deeded parcels, an onsite manager is not required although there is one. The CAP rate increases to 4.53% without an onsite manager. There is an excellent assumable loan with Chase. The current loan balance is$1,077,393, 3.25% fixed until 02/2029. The current monthly payment is $5,442.42. The property is centrally located in the San Fernando Valley with easy freeway access. Close to California State University, Northridge, Pierce Junior College, Warner Center and the Topanga Plaza Shopping Mall. **The property can be purchased along with 19406 Gilmore Ave, 6 units located only 7 parcels from the subject property.
MLS# 24455178 • Data provided by CRMLS
Living Area | 11,754 Sq.Ft. |
---|---|
Lot Size | 0.5 Acres |
Total Rooms | -- |
Bedrooms | 24 |
Bathrooms | 16 |
Stories | 2 |
Year Built | 1958 |
Property Type | Multi Family |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $10,733 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$3,331,746
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, rental estimate, and sale history
New
Do you own this home?
Access your homeowner dashboard
HouseCanary, Inc. Brokerage
6500 Shirley Ave., Reseda, CA 91335
Multi Family24 Beds16 Baths11,754 Sq Ft10 Days on Market
Listing Agent & Comments
Michael A Salerno • Michael Anthony Salerno
213-866-9801 • mike.salerno@lee-associates.com License #0121242716 units in quiet Reseda neighborhood. Twin 8 - unit buildings that are separately deeded. 6500-10 Shirley Avenue. Huge lot - 22,859 sq. ft. with beautiful courtyard. Excellent unit mix - 8 - 1 bedroom + 1 bath and 8 - 2 bedroom + 1 bath units. The buildings were built in 1958 and there is 11,754 sq. ft. of building. Long term owner. The rents are significantly below market with over 50% upside in the rents. Onsite laundry. Individually metered for gas and electricity. New electrical panels. Because the buildings are on separately deeded parcels, an onsite manager is not required although there is one. The CAP rate increases to 4.53% without an onsite manager. There is an excellent assumable loan with Chase. The current loan balance is$1,077,393, 3.25% fixed until 02/2029. The current monthly payment is $5,442.42. The property is centrally located in the San Fernando Valley with easy freeway access. Close to California State University, Northridge, Pierce Junior College, Warner Center and the Topanga Plaza Shopping Mall. **The property can be purchased along with 19406 Gilmore Ave, 6 units located only 7 parcels from the subject property.
MLS# 24455178 • Data provided by CRMLS
Living Area | 11,754 Sq.Ft. |
---|---|
Lot Size | 0.5 Acres |
Total Rooms | -- |
Bedrooms | 24 |
Bathrooms | 16 |
Stories | 2 |
Year Built | 1958 |
Property Type | Multi Family |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $10,733 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties, rental estimate, and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $3,395,000
Request tour
Save
Courtesy of Michael Anthony Salerno
6500 Shirley Ave
Reseda, CA 91335
24 Beds16 Baths11,754 Sq Ft10 Days on Market
Listing Agent & Comments
Michael A Salerno • Michael Anthony Salerno
213-866-9801 • mike.salerno@lee-associates.com License #0121242716 units in quiet Reseda neighborhood. Twin 8 - unit buildings that are separately deeded. 6500-10 Shirley Avenue. Huge lot - 22,859 sq. ft. with beautiful courtyard. Excellent unit mix - 8 - 1 bedroom + 1 bath and 8 - 2 bedroom + 1 bath units. The buildings were built in 1958 and there is 11,754 sq. ft. of building. Long term owner. The rents are significantly below market with over 50% upside in the rents. Onsite laundry. Individually metered for gas and electricity. New electrical panels. Because the buildings are on separately deeded parcels, an onsite manager is not required although there is one. The CAP rate increases to 4.53% without an onsite manager. There is an excellent assumable loan with Chase. The current loan balance is$1,077,393, 3.25% fixed until 02/2029. The current monthly payment is $5,442.42. The property is centrally located in the San Fernando Valley with easy freeway access. Close to California State University, Northridge, Pierce Junior College, Warner Center and the Topanga Plaza Shopping Mall. **The property can be purchased along with 19406 Gilmore Ave, 6 units located only 7 parcels from the subject property.
MLS# 24455178 • Data provided by CRMLS
Living Area | 11,754 Sq.Ft. |
---|---|
Lot Size | 0.5 Acres |
Total Rooms | -- |
Bedrooms | 24 |
Bathrooms | 16 |
Stories | 2 |
Year Built | 1958 |
Property Type | Multi Family |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $10,733 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$3,331,746
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, rental estimate, and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $3,395,000
Request tour
Save
Courtesy of Michael Anthony Salerno