6839 6843 Baird Avenue, Reseda, California 91335, Reseda, 91335 - 11 bed, 10 bath

6839 6843 Baird Avenue, Reseda, California 91335 home-pic-0
ACTIVE$3,250,000
6839 6843 Baird Avenue, Reseda, California 91335
11Beds
10Baths
5,161Sqft
27,298Lot
Year Built
1962
Close
-
List price
$3.25M
Original List price
$3.25M
Price/Sqft
$630
HOA
-
Days on market
-
Sold On
-
MLS number
SR25003037
Home ConditionTear down
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $3.25M(92th), sqft - 5161(92th), beds - 11(92th), baths - 10(92th).

6839 and 6843 Baird Avenue are being sold for land value only! Family owned properties side-by-side on street level flat lots. The lots combined are 27,298 and currently zonedLAR2. 6839 Baird Avenue consists of a duplex with five bedrooms and four baths on a 12000 square feet lot of usable land. 6843 Baird Avenue is currently a tri-plex with six bedrooms and six baths on a 15298 square feet lot of usable land. Will only be sold together totally the 27,298 of land. Tenants are all month to month. Great location in an area for multi-residential featuring units, condos, and other developments. Potential small lot development. Prime for redevelopment and ready for the next developer, investor, and builder to make this double lot truly special. Check with the city for usage. DRIVE BY ONLY! Do not enter the the properties with large dogs on site. Tenants are not aware of property being listed for sale. Currently 6839 is generating $3300 per month and 6843 is generating $5000 per month. Properties will be shown with accepted offer only. SOLD FOR LAND VALUE ONLY! SOLD "AS IS". Call Peter Miller at (818)489-1902 or Chris Pereira at (646)872-8604.

Condition Rating
Tear down

The listing explicitly states the properties are being sold for land value only and "AS IS." Given the built year of 1962 and no mention of significant renovations, the properties are likely in unlivable condition, making 'tear-down' the most appropriate condition score. The description emphasizes redevelopment potential, further supporting this assessment.
Pros & Cons

Pros

Large Lot Size: Combined lot size of 27,298 sqft provides significant development potential.
LAR2 Zoning: LAR2 zoning allows for multi-residential development, including units and condos.
Income Potential: Currently generating $8,300 per month in rental income from existing tenants.

Cons

Sold As-Is: Property is sold 'AS IS', potentially requiring significant investment for redevelopment or repairs.
Tenant Occupied: Tenants are month-to-month, which may complicate redevelopment plans and require tenant relocation.

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