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6834-6840 Baird Ave, Reseda — 91-Unit Affordable Housing for sale

In escrow

6834-6840 Baird Ave

Reseda, CA 91335

$2,600,000

Reduced from $3,495,000

91-Unit Affordable Housing, RTI at COE

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Property details

Category
Affordable Housing
Units
91
Lot
16,010 SF
Building
42,011 SF
Price / unit
$28,571
Zoning
(T)[Q]RAS4-1L-CDO-RIO
APN
2126-022-004, 2126-022-005

Offering memorandum

Shared deal rooms

Highlights

  • 91 units, 100% affordable, ready to issue at close of escrow
  • Reduced to $2,600,000 from $3,495,000
  • 16,010 SF lot, about 100 by 160 feet
  • Four stories, about 42,011 SF of building area
  • 23 studios, 62 one-bedrooms, and 6 two-bedrooms
  • Existing use is 4 units

A ready-to-issue, 91-unit, 100% affordable project on a 16,010-square-foot lot at 6834-6840 Baird Avenue in Reseda. The price has been reduced to $2,600,000 from $3,495,000.

The building is four stories, about 42,011 square feet, with about 33,420 square feet rentable. The mix is 23 studios, 62 one-bedrooms, and 6 two-bedrooms. Zoning is (T)[Q]RAS4-1L-CDO-RIO. APNs 2126-022-004 and 2126-022-005. The memorandum lists the existing use as 4 units, separate from the 91-unit plan, and says the plans call for zero parking.

Representation

Agents

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Opens an email to jordan@petitocre.com.

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