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8135 Reseda Blvd, Reseda, CA 91335

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For Sale
Sale Pending

$2,500,000

16 beds9,214 sqft

Estimated Payment

$ 12,985 /mo.

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $271.33
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Located across the street from Dignity Health Northridge Hospital, and built in 1981, 8135 Reseda is a 10-unit complex that is NOT SUBJECT TO CITY OF LA RSO (AB-1482). This exemption allows for an 8.8% annual rent increase (CA max - 5% + CPI). This value-add opportunity is offered at $250,000 per unit, $271 per foot, and 11.87 GRM and 5.45% CAP on current rents. 8135 Reseda presents approx. 25% rental upside, and a future investor can reach a 7.44% CAP and 9.56 GRM, by achieving projected market rents for renovated units in the area. Situated just south of Roscoe Blvd, the complex is located across from Dignity Health Northridge Hospital, a major employer with approx. 2,000 employees, and is only 2 miles from California State University, Northridge (CSUN), home to over 38,000 undergraduate and graduate students. For those seeking additional opportunities, this property can be purchased individually or alongside 14245 Roscoe Blvd, a 6-unit complex with approx. 30% rental upside, located 0.3 miles from Panorama Mall and 1 mile from The Plant Shopping Center. Please email or call LA1 for more information.
MLS# 24-470641

Courtesy Of Compass

(310) 230-5478

Property Features

  • Age
    41-50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 8135 Reseda Blvd, Reseda, CA 91335
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $12,985
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $12,985

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

Schools

Blythe Street Elementary School

Grades KG-5 Public School


Reseda, CA 91335 0.4 miles
18730 blythe st

302 total students
25:1 Student teacher ratio

Northridge Middle School

Grades 6-8 Public School


Northridge, CA 91325 0.8 miles
17960 chase st

766 total students
18:1 Student teacher ratio

Cleveland Charter High School

Grades 9-12 Public School


Reseda, CA 91335 0.7 miles
8140 vanalden ave

2935 total students
25:1 Student teacher ratio

Northridge Academy High School

Grades 9-12 Public School


Northridge, CA 91325 2 miles
9601 zelzah ave

970 total students
24:1 Student teacher ratio

Valley Academy Of Arts & Sciences

Grades 9-12 Public School


Granada Hills, CA 91344 3.4 miles
10445 balboa blvd

994 total students
23:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Magnolia Science Academy 7 0.3 miles Public KG-5 C-
John R. Wooden High School 0.5 miles Public 9-12 D
Cantara Street School 0.6 miles Public KG-5 B+
Joaquin Miller Career And Transition Center 0.7 miles Public 12
Napa Street Elementary 0.8 miles Public KG-5 C
Little Acorns Grow 1 miles Private PK-5
Garden Grove Elementary 1 miles Public KG-5 B
Reseda Elementary 1 miles Public KG-5 D+
Magnolia Science Academy 1.3 miles Public 6-12 B-
Lorne Street Elementary 1.3 miles Public KG-5 B+
St Mary Coptic Orthodox School 1.3 miles Private KG-5
Calahan Community Charter 1.4 miles Public KG-5 C+
Melvin Avenue Elementary School 1.5 miles Public KG-5 B-
Diane S. Leichman Career Preparatory And Transition Center 1.5 miles Public 9-12
Kidsville Usa 1.5 miles Private PK-1
Bertrand Avenue Elementary School 1.5 miles Public KG-5 D+
Sven Lokrantz Special Education Center 1.6 miles Public KG-12

Magnolia Science Academy 7

Distance: 0.3 miles

Type Public

Grades: KG-5

C-

John R. Wooden High School

Distance: 0.5 miles

Type Public

Grades: 9-12

D

Cantara Street School

Distance: 0.6 miles

Type Public

Grades: KG-5

B+

Joaquin Miller Career And Transition Center

Distance: 0.7 miles

Type Public

Grades: 12

Napa Street Elementary

Distance: 0.8 miles

Type Public

Grades: KG-5

C

Little Acorns Grow

Distance: 1 miles

Type Private

Grades: PK-5

Garden Grove Elementary

Distance: 1 miles

Type Public

Grades: KG-5

B

Reseda Elementary

Distance: 1 miles

Type Public

Grades: KG-5

D+

Magnolia Science Academy

Distance: 1.3 miles

Type Public

Grades: 6-12

B-

Lorne Street Elementary

Distance: 1.3 miles

Type Public

Grades: KG-5

B+

St Mary Coptic Orthodox School

Distance: 1.3 miles

Type Private

Grades: KG-5

Calahan Community Charter

Distance: 1.4 miles

Type Public

Grades: KG-5

C+

Melvin Avenue Elementary School

Distance: 1.5 miles

Type Public

Grades: KG-5

B-

Diane S. Leichman Career Preparatory And Transition Center

Distance: 1.5 miles

Type Public

Grades: 9-12

Kidsville Usa

Distance: 1.5 miles

Type Private

Grades: PK-1

Bertrand Avenue Elementary School

Distance: 1.5 miles

Type Public

Grades: KG-5

D+

Sven Lokrantz Special Education Center

Distance: 1.6 miles

Type Public

Grades: KG-12

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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