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7311 Darby PL Reseda, CA 91335
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB22244023
Sold Date 01/31/23
HOA Y/N No
Year Built 1949
Lot Size 9,657 Sqft
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.
Location
State CA
County Los Angeles
Area Res - Reseda
Zoning LAR1
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Laundry Room
Exterior
Fence Wood
Pool None
Community Features Park, Street Lights, Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Street Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2119024015
Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Ann Nguyen • NONMEMBER MRML