8004 Shirley Ave - Multi-Family FOR SALE


Reseda, CA 91335
$2,550,000 USD
818-501-9898
8004 Shirley Ave, Reseda, CA for Sale
$2,550,000 USD
Multi-Family - FOR SALE
1/28
null | 5.12% Cap Rate

8004 Shirley Ave
Reseda, CA 91335


HIGHLIGHTS

  • Non Rent Control
  • New owner has the opportunity to occupy one or more units and lease out the remainder
  • New Owner can set their own Capitalization Rate by setting the rent and terms
  • Strong Residential Area with Single Family Homes
  • Corner Lot

OVERVIEW

This is truly a rare opportunity to acquire a brand-new NON-RENT CONTROL 4-unit development, with Certificate Of Occupancy issued in 2026. This corner property is surrounded by well-maintained single-family homes, and is located in the heart of the San Fernando Valley on an attractive tree lined street. Contemporary modern designed units with recessed lights and clean lines, featuring 3 bedrooms, 2 ½ bathrooms, modern kitchens with refrigerator and independent in-unit washer and dryer. The units are offered vacant at close of escrow, thereby enabling the new owner to either occupy a single or combination of units, while deriving income from the remaining units to offset their overhead. Alternatively, the owner will have the opportunity to set their own capitalization rate by establishing their own rent and lease terms. Other building features include solar panels, all electric appliances and units which are individually metered. This is a turnkey investment in a very desirable residential community, with new construction and units that have never been occupied before. Hurry Opportunity Knocks!

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$599 USD /SF

# OF UNITS

4

PRICE/UNIT

$637,500

CAP RATE

5.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,881 SF

ZONING

RS-1

APN/PARCEL ID

2105-015-022

ASK ABOUT THIS PROPERTY

Ash JoshiCapital Realty Solutions, IncMore Info
818-501-9898

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Ash JoshiCapital Realty Solutions, IncMore Info
818-501-9898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.