The Azzi Group of Marcus & Millichap is pleased to present 7000 Etiwanda Avenue, a 33-unit + one nonconforming unit multifamily investment opportunity located in Reseda (91335).
Built in 1962, the two-story, fee-simple asset totals approximately 19,941 SF on a 27,098 SF lot and features a unit mix of (6) studios and
(27) one-bedroom units. Property amenities include a central courtyard with pool, 34 parking spaces (carport and tuck-under configuration), indoor mailbox area, and on-site laundry facilities providing additional income. Utilities are separately metered for electricity with master-metered gas and water.
Reseda continues to experience steady rental demand driven by its relative affordability compared to surrounding submarkets and its convenient access to major employment corridors throughout the San Fernando Valley.
?Approximately 49% of all occupied housing units in ZIP code 91335 are renter-occupied—totaling roughly 10,500 renter households—within a population of nearly 75,000 residents. This balanced rent-to-own dynamic, combined with the Valley’s broader population of approximately 1.8 million people, supports sustained multifamily demand and long-term rental stability across the submarket.