Est. cap rate

2.5%

Assumed rent, all units

$13,960/mo

Units

4

Price per unit

$825,000

Est. annual NOI

$83,760

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

5

Building size

6,000 sqft

Lot size

7,821 sqft

Year built

1965

Stories

2

Garage spaces

0

Style

See Remarks

Heating

Central

Cooling

Central Air

Pool

None

View

Neighborhood

Status

Active

Days on market

166

MLS #

239632814

About this property

Brand-new 5-unit investment opportunity in desirable Porter Ranch. Reimagined from a single-family lot into a thoughtfully designed compound-style community, this unique property offers a rare combination of strong income potential, new construction benefits, and a highly versatile unit mix. The property includes two detached 3-bedroom, 3-bath homes and three 2-bedroom, 2-bath units across two additional structures, creating a low-density residential setting with added privacy and broad tenant appeal. Currently under construction, this is an exceptional opportunity to acquire a newly developed asset at an early stage, with the potential to influence final finishes. Designed for modern living, each residence will feature open floor plans, contemporary kitchens, and efficient, well-planned layouts attractive to today’s renters. As brand-new construction, the property offers the advantages of new systems, lower anticipated maintenance costs, and long-term operational efficiency, making it well suited for investors seeking a stable, turnkey addition to their portfolio. The flexible configuration also creates opportunities beyond traditional leasing, including multigenerational living, extended family occupancy, shared housing models, or organizations seeking a residential environment that supports both privacy and community. The property will provide five on-site parking spaces, including two covered, with additional street parking available. Conveniently located near shopping, dining, parks, freeway access, and major employment centers, this is a rare chance to acquire a newly constructed multifamily asset in one of the San Fernando Valley’s most sought-after submarkets. Images have been digitally edited and /or are digital renderings and not the current condition of the property.

Location

11348 Reseda

Porter Ranch, Los Angeles, CA, 91326