7543 Chimineas Ave, Reseda, CA 91335 – 24-418417

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Gianna Silvaggio

gsellslv@gmail.com +1(702) 236-2664

$ 995,000

Est. payment | -/mo

4 Beds

3 Baths

2,542 SqFt

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$ 995,000

Est. payment | -/mo

Save

4 Beds

3 Baths

2,542 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,542 sqft

Price per Sqft $391

MLS Listing ID 24-418417

Style Traditional

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1975

Lot Size 9,743 Sqft

Acres 0.2237

Property Description

Presenting an unparalleled investment opportunity to acquire two prime multifamily properties in the heart of the San Fernando Valley: 14739 Delano Street, Van Nuys, and 7543 Chimeneas Avenue, Reseda. Offered together for $2.75M (14739 Delano Street available separately for $1.75M), these properties provide substantial income potential.14739 Delano Street spans 6,908 sq. ft. on a 7,503 sq. ft. lot, featuring 11 bedrooms and 8 bathrooms with a current gross rent of $12,800/month and a GRM of 11.3, promising future rental growth. The property's attractive unit mix of five two-bedroom units and three one-bedroom units ensures strong tenant retention. Its strategic location near Van Nuys Village shopping, dining, and the upcoming East San Fernando Valley Light Rail line adds unmatched convenience and appeal.7543 Chimeneas Avenue, nestled in a peaceful cul-de-sac in Reseda, offers two legal units with potential for versatile use----live in one, rent the other, or lease both. The front unit is currently renting for $2,600/month, and the back unit is renting for $1,800/month. The main house includes central A/C, an enclosed porch, and a two-car detached garage with ADU potential. The secondary unit features two bedrooms, one bathroom, a private backyard, and a spacious porch. Located close to schools, local dining, and major transit routes, this property complements the Delano asset to create a well-rounded, high-potential investment package.

Location

State CA

County Los Angeles

Area Reseda

Zoning LAR1

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Central

Cooling Central

Flooring Carpet

Fireplaces Type None

Equipment Washer, Dryer, Refrigerator, Range/Oven

Laundry Inside

Exterior

Garage Garage - 2 Car

Garage Spaces 2.0

Pool None

View Y/N Yes

View City Lights

Building

Story 1

Architectural Style Traditional

Level or Stories One

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

+1(702) 236-2664

gsellslv@gmail.com