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6834 Baird Ave, Reseda, CA 91335

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For Sale

$4,500,000

0.37 acres

Estimated Payment

$ 23,111 /mo.

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 0.4 acres
    Lot size

Explore this Property

We are excited to offer a premier opportunity to acquire a Ready-to-Issue (RTI), 91-unit, fully Affordable Housing Development, set on a spacious 16,010 SF lot in the highly sought-after and rapidly evolving Reseda neighborhood. This prime site is perfectly situated for accessibility, just moments away from key local destinations like the Van Nuys Airport and Warner Center, providing seamless access to transportation, shopping, and major employment centers. Designed for both efficiency and cost-effectiveness, this 4-story, stacked on-grade development features a thoughtfully planned unit mix, including 23 studios, 62 one-bedroom units, and 6 two-bedroom units, offering approximately 42,011 SF of buildable space. Set in a primarily residential area, the site offers excellent street parking availability, as well as a walkable environment with essential services and public transit just a short stroll away. The project benefits from eligibility for participation in the HCD Schedule VI moderate-income and TCAC Schedule IX low-income programs, both of which are standard for 100% affordable housing developments in Los Angeles. With the potential to attract Section 8 voucher tenants, rental income could increase by as much as 20% per unit, providing significant financial upside. A standout feature of this development is its zero parking requirement, resulting in substantial cost savings and a streamlined, transit-friendly design. With a Walk Score of 88, the neighborhood is rated as "Very Walkable," making it a perfect location for residents who prioritize ease of access to transit and daily amenities. This is an exceptional opportunity for investors looking to capitalize on one of Los Angeles' most promising affordable housing projects.
MLS# 25-478485

Courtesy Of KELLER WILLIAMS BEVERLY HILLS REALTY

(310) 432-6400

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.37 Acres

Map and Directions

Directions to 6834 Baird Ave, Reseda, CA 91335
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $23,111
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $23,111

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Reseda Elementary

Grades KG-5 Public School


Reseda, CA 91335 0.6 miles
7265 amigo ave

389 total students
22:1 Student teacher ratio

Mulholland Middle School

Grades 6-8 Public School


Van Nuys, CA 91406 1.8 miles
17120 vanowen st

1246 total students
21:1 Student teacher ratio

Reseda Charter High School

Grades 9-12 Public School


Reseda, CA 91335 0.5 miles
18230 kittridge st

1404 total students
17:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Magnolia Science Academy 5 0.5 miles Public 6-12 B
Magnolia Science Academy 0.5 miles Public 6-12 B-
Zane Grey Continuation 0.6 miles Public 9-12 D-
Diane S. Leichman Career Preparatory And Transition Center 0.7 miles Public 9-12
Sherman Oaks Center For Enriched Studies 0.7 miles Public 4-12 A-
Bertrand Avenue Elementary School 0.7 miles Public KG-5 D+
Newcastle Elementary 0.8 miles Public KG-5 B
Garden Grove Elementary 0.8 miles Public KG-5 B
Discovery School 1 miles Private PK-TKG
Vanalden Avenue Elementary 1 miles Public KG-5 C-
Little Acorns Grow 1.1 miles Private PK-5
Shirley Avenue School 1.2 miles Public KG-5 C-
Citizens Of The World Charter School 5 1.2 miles Public KG-8
Lemay Street Elementary 1.2 miles Public KG-5 C+
International School Of Los Angeles - West Valley 1.3 miles Private PK-5
Sven Lokrantz Special Education Center 1.3 miles Public KG-12
John R. Wooden High School 1.3 miles Public 9-12 D
Kirk O' The Valley School 1.4 miles Private PK-5

Magnolia Science Academy 5

Distance: 0.5 miles

Type Public

Grades: 6-12

B

Magnolia Science Academy

Distance: 0.5 miles

Type Public

Grades: 6-12

B-

Zane Grey Continuation

Distance: 0.6 miles

Type Public

Grades: 9-12

D-

Diane S. Leichman Career Preparatory And Transition Center

Distance: 0.7 miles

Type Public

Grades: 9-12

Sherman Oaks Center For Enriched Studies

Distance: 0.7 miles

Type Public

Grades: 4-12

A-

Bertrand Avenue Elementary School

Distance: 0.7 miles

Type Public

Grades: KG-5

D+

Newcastle Elementary

Distance: 0.8 miles

Type Public

Grades: KG-5

B

Garden Grove Elementary

Distance: 0.8 miles

Type Public

Grades: KG-5

B

Discovery School

Distance: 1 miles

Type Private

Grades: PK-TKG

Vanalden Avenue Elementary

Distance: 1 miles

Type Public

Grades: KG-5

C-

Little Acorns Grow

Distance: 1.1 miles

Type Private

Grades: PK-5

Shirley Avenue School

Distance: 1.2 miles

Type Public

Grades: KG-5

C-

Citizens Of The World Charter School 5

Distance: 1.2 miles

Type Public

Grades: KG-8

Lemay Street Elementary

Distance: 1.2 miles

Type Public

Grades: KG-5

C+

International School Of Los Angeles - West Valley

Distance: 1.3 miles

Type Private

Grades: PK-5

Sven Lokrantz Special Education Center

Distance: 1.3 miles

Type Public

Grades: KG-12

John R. Wooden High School

Distance: 1.3 miles

Type Public

Grades: 9-12

D

Kirk O' The Valley School

Distance: 1.4 miles

Type Private

Grades: PK-5

Local area information for Reseda, CA 91335

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Reseda, CA 91335

This community’s employment is highest in the education and administrative support industries. The area’s overall household expenses are below the national average.

93° August
Hottest Average Month

43° January
Coldest Average Month
22,710 Total Households in Area
36%
of households
have children
31 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Reseda, CA 91335

Reseda, CA 91335 has a population of 74,333 people in 22,710 households with a median age of 38.2 years old.

Down -2.5%
Decrease in population
since the year 2010

Population is Trending down
23,906
Total households as of 2010
Up
0.4%

Community Population By Age

Community Population By Ethnicity

Hispanic 51%
White 33%
Other 33%
Asian 13%
Black 4%
Native American 2%

Economics
for Reseda, CA 91335

11,296 /sq mi
Population Density
$72,946 /yr
Median Household Income
$805,000
Median Sales Price
31 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 84%
  • Work from Home 9%
  • Public Transit 5%
  • Walk or Bike 2%

Occupancy by Type

Rented 11,897 51%
Owned 10,813 46%
Vacant 813 3%

White vs Blue Collar Jobs







White Collar 75%
Blue Collar 25%

Family & Education Facts
for Reseda, CA 91335

38.2 Median Age

Average Household Size

3.2
persons per
household

47.7%

Married Households

Community Population By Education

Bachelors Degree 21%
High School Graduate 21%
Some College 20%
Some High School 20%
Graduate Degree 10%
Associates Degree 7%

Household Family Expenses vs National Average

36% of households have children

Weather
for Reseda, CA 91335

The weather for this area ranges from a high of 93° F in August to a low of 43° F in January

93° August
Hottest Average Month
43° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
43°
66°
Feb
44°
68°
Mar
46°
70°
Apr
48°
76°
May
52°
79°
Jun
56°
85°
Jul
59°
92°
Aug
60°
93°
Sep
58°
90°
Oct
53°
83°
Nov
47°
73°
Dec
44°
67°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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