8135 Reseda Blvd, Reseda, CA 91335 - Photo 1

1/1

$2,325,000

Sold
Closed
Multi-Family
16 Total Beds

1/1

Property Description

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.

Full Property Details

Full Property Details for 8135 Reseda Blvd

General

Sold For: $2,325,000
Status: Closed
Type: Multi-Family
Source: CLAW
MLS ID: 24-470641
Added to Site: 438 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 14

Bedrooms

Total Bedrooms: 16

Other Rooms

Laundry: Community, Room

Additional Information

Security/Safety: Gated
Other Features: None

Parking

Garage Description: Covered Parking, Gated

Location

Area: Reseda
County: Los Angeles
Driving Directions: Located just south of Roscoe Blvd, 8135 Reseda is across the street from Dignity Health Northridge Hospital and 2 miles south of California State University, Northridge.
Direction Faces: West

Heating & Cooling

Cooling Type: Wall/Window
Heating Type: Wall, Other

Structural Information

# Buildings: 1
Common Walls: Attached
Stories/Levels: 2
Square Feet: 9,214
Sq. Ft. Source: Vendor Enhanced
Year Built: 1981
Year Built Source: Vendor Enhanced

Unit Information

Units in Complex: 10
Unit Type: 2106, 2107, 2108, 2109

Unit 1

Total Bathrooms: 2
Bedrooms: 3

Unit 2

Total Bathrooms: 2
Bedrooms: 2

Unit 3

Total Bathrooms: 1
Bedrooms: 2

Unit 4

Total Bathrooms: 1
Bedrooms: 1

Additional Structures

Other Structures: None

Lot Features

Lot Size: 8502
Lot Size Source: Vendor Enhanced
Zoning: LAR3

Financial Considerations

Price Per Sq. Ft.: $271.33
Price Per Unit: 250000
Assessment Year: 1981

Disclosures and Reports

Disclosures/Reports: As Is
APN: 2103-007-012

Listed and Sold by Compass, Kenny Stevens

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Listing agent

— 8135 Reseda Blvd —

Kenny Stevens

Compass

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Schools

Schools serving 8135 Reseda Blvd

School District:Los Angeles Unified School District

Name	Grades	Distance
Blythe Street Elementary School 18730 Blythe St., Los Angeles, CA 91335	K-5	0.4 mi
Northridge Middle School 17960 Chase St., Los Angeles, CA 91325	6-8	0.8 mi
Northridge Academy High 9601 Zelzah Ave., Los Angeles, CA 91325	9-12	2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8135 Reseda Blvd

Date

Details

Price

Change

Source

4/01/2025

Sold

$2,325,000

-7%

MLS

12/09/2024

Listed

$2,500,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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8135 Reseda Blvd, Reseda, CA 91335 (MLS# 24-470641) is a Multi-Family property that was sold at $2,325,000 on April 01, 2025. Want to learn more about 8135 Reseda Blvd? Do you have questions about finding other Multi-Family real estate for sale in Reseda? You can browse all Reseda real estate or contact a Coldwell Banker agent to request more information.

8135 Reseda Blvd Reseda, CA 91335