Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

3

Building size

2,100 sqft

Lot size

6,632 sqft

Year built

1947

Stories

1

Garage spaces

4

Style

Traditional

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

18

MLS #

247666850

About this property

Rare “3 Units in 1” income opportunity featuring a fully remodeled single-family residence plus a permitted attached JADU and detached ADU, offering three separate living spaces on one lot. Projected pro forma gross rental income is approximately $8,250 per month ($99,000 annually), representing approximately 7.47% projected gross annual income relative to the asking price. As the property has not previously been rented, these projections are based on estimated market rents rather than historical rental performance. This turnkey property offers an attractive opportunity for investors or owner-users seeking multiple potential income streams from a single property. The approximately 1,400 sq. ft. main residence features 3 bedrooms and 2 bathrooms, an open-concept floor plan, remodeled custom bathrooms, laminate flooring, LED recessed lighting, fireplace, and a chef-inspired kitchen with restored wood cabinetry, quartz countertops, and new appliances. The main residence also features a large and private gated backyard. Completed in 2026, the attached 1-bedroom, 1-bath JADU features cathedral ceilings, a full kitchen, custom bathroom, two mini-split systems, and a private patio. The detached 1-bedroom, 1-bath ADU, also completed in 2026, features a full kitchen with new appliances, custom bathroom, two mini-split systems, private patio, and private alley access. Each living space has its own electric meter and panel, with the ADU and JADU fully electric. Additional improvements include a new rear concrete driveway, gated parking with a new fence and electric gate, new gutters, drought-tolerant landscaping, refrigerators, and in-unit washers and dryers in all three living spaces. All three living spaces will be available to the new owner at close of escrow, providing flexibility to establish the property’s income strategy without existing tenant leases. With three completed living spaces, strong projected income potential, extensive improvements, and separate electrical service, this is a compelling opportunity to acquire a turnkey income property in Reseda. Buyer to independently verify all projected rental income and expenses, projected gross income and financial performance, building square footage, rental use, occupancy requirements, permits, and all other aspects of the property. Some images may include staging and/or digital enhancements.

Location

18216 Hartland Street

Reseda, Los Angeles, CA, 91335