7543 Chimineas Avenue, Reseda, CA 91335

$1,000,000 Asking Price

5 beds
3 baths
2,542  sqft
Built in 1975

Take advantage of this unique opportunity to acquire two prime multifamily properties with a preference for a bundled sale at 5.2% cap rate - 14739 Delano Street, Van Nuys & 7543 Chimeneas Avenue, Reseda. Welcome to 7543 Chimineas Ave, Reseda, CA 91335, where flexibility meets opportunity in this distinctive property featuring two legal units on a generous lot. Perfectly poised for those looking to invest or enjoy the best of both worlds by living in one unit and renting out the other, this offering stands out in a peaceful cul-de-sac setting. The lack of rent control opens avenues for potential rent adjustments, making it as ideal for investors as it is for homeowners seeking a smart way to offset their mortgage. The main house welcomes you with 3 bedrooms and 2 bathrooms, featuring laminated flooring in the living room for a cozy ambiance and tiled floors in the dining area and kitchen for a sleek, elegant look. Central A/C and heat guarantee comfort throughout the seasons, while an enclosed porch provides a flexible space for either relaxation or entertainment. The addition of a two-car detached garage suggests an excellent opportunity for an ADU conversion, amplifying the property's value and utility with potential for extra income or more living space. Next door, the back house at 7545 Chimineas Ave, with its 2 bedrooms and 1 bathroom, offers a spacious porch and a private backyard for serene outdoor living. Ample parking space in the large front yard and driveway enhances the convenience for all, highlighting the thoughtful layout of the property. Located in the heart

Features & Amenities

Interior

Laundry:
Inside
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 2

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LAR1, 2119006024
View:
Neighborhood,City Lights

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
COMPASS, Jinglin YUE

About Reseda, CA

Housing

Number of Units
23,900
Median Home Value
$548,588
Median Rent
$1,425

52.22% of housing units are renter occupied.

3.32% are vacant.

Commute

Car
68.91%
Public Transportation
3.83%
Walk to Work
1.36%
Work from Home
24.06%
Other
1.26%

The median travel time to work is 27 minutes.

People

Population
75,244
Median Age
37.80
Median Household Size
3.32

Education

High School
22.21%
Associate’s Degree
7.17%
Bachelor’s Degree
20.05%
Graduate Degree
8.71%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: