11348 Reseda Blvd

Porter Ranch, CA 91326

$3,500,000
Price
5
Beds
12
Baths
6,000 Sq. Ft.
$583 / Sq. Ft.
6,000
Sq. Ft.
$583
per Sq. Ft.
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Description

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....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.
  1. Listed by Jimmy Rashid • DRE #02130355 • Brokerage DRE #01317331 • Berkshire Hathaway HomeServices California Properties • 424-209-9129

Property Details for 11348 Reseda Boulevard

Architectural Style
See Remarks
View
Neighborhood
Parking Spaces Total
5
Private Pool
No
Cooling Type
Central Air
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 03/18/2026 11:23 PM

Property Details for 11348 Reseda Boulevard

StatusActive
MLS #SR26053975
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.18 AC / 7,821 SF
CountyLos Angeles County
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Location

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Jimmy Rashid, DRE #02130355
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Building Information for 11348 Reseda Boulevard

Stories2Residences-Year Built1965Building Size-Lot Size0.18 AC / 7,821 SF

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$17,670 per month

30 year fixed, 6.11% Interest

Principal and Interest

$16,986

Property Taxes

$684

HOA Dues

$0

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Property Information for 11348 Reseda Boulevard

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $234,000
  • Gross Scheduled Income: $234,000
  • Net Operating Income: $164,000
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Current Financing: None
Expense Details
  • Operating Expense: $70,000
  • Fuel Expense: $0
  • Electric Expense: $1,200
  • Insurance Expense: $4,500
  • Professional Management Expense: $14,000
  • Trash Expense: $2,400
  • Water Sewer Expense: $6,000
  • Total Expenses: $37,500
Tax / Assessment Info
  • Tax Tract Number: 28660
  • CFD/Mello-Roos Fee: $371
  • Tax Lot: 9
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown, Buyer to Verify
  • Community Features: Sidewalks, Suburban
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: N/K
  • Room Type: Walk-In Closet, Laundry, Main Floor Bedroom
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 0
  • Bedroom Features: Main Floor Bedroom, WalkInCloset
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Construction Materials: Unknown
  • Exterior Construction: Other
  • Exterior: Unknown
  • Roof: Other
  • Entry Location: 1
  • Foundation Details: See Remarks
  • Foundation Details: See Remarks
  • Structures: Suburban
  • Structure Type: Quadruplex
  • Other Structures: Guest House Detached
  • Miscellaneous: Suburban
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: Yes
  • Number Of Units: 5
  • Available For Lease: Yes
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street, Alley
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer, Natural Gas Connected
  • Utilities: Natural Gas Connected
  • Electric: Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport, Driveway, Driveway - Combination, Parking Space, Public, Shared Driveway, Uncovered
  • Uncovered Spaces: 3
  • Open Other Spaces Total: 3
  • Parking Garage Spaces: 0
  • Carport Spaces: 2
  • Parking Features: Public, See Remarks, Carport, Uncovered, Parking Space, Driveway, Driveway - Combination, Shared Driveway
Property / Structure Info
  • Architectural Style: See Remarks
  • Residential Styles: All Other Attached
  • Residential Unit Location: End Unit, 1 common wall
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 0
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Number With Disposal: 5
  • Number Wall AC: 0

Property History for 11348 Reseda Boulevard

DateEvent & SourcePriceAppreciation
Mar 20, 2026

Listed (Active)

CRMLS #SR26061354

$3,500,000—
Mar 12, 2026

Listed (Active)

CRMLS #SR26053975

$3,500,000—
Feb 26, 2026

Listed (Active)

CLAW #SR26053975MR

$3,500,000—
Feb 26, 2026

Listed (Active)

CLAW #SR26061354MR

$3,500,000—
Feb 26, 2026

Listed (Active)

SDMLS #SR26053975

$3,500,000—
Feb 26, 2026

Listed (Active)

SDMLS #SR26061354

$3,500,000—
Aug 8, 2017

Sold

CRMLS #SR17154361

$580,000—
Aug 8, 2017

Sold

CLAW #SR17154361CN

$580,000—
Jul 22, 2017

Pending

CRMLS #SR17154361

—
Jul 22, 2017

Pending

CLAW #SR17154361CN

—
Jul 20, 2017

Sold (Public Record)

Public Record #602338079

$580,000—
Jul 7, 2017

Listed (Active)

CLAW #SR17154361CN

$549,999—
Jul 7, 2017

Listed (Active)

CRMLS #SR17154361

$549,999—
DateEvent & SourcePrice
03/20/2026

Listed (Active)

CRMLS #SR26061354

$3,500,000
03/12/2026

Listed (Active)

CRMLS #SR26053975

$3,500,000
02/26/2026

Listed (Active)

CLAW #SR26053975MR

$3,500,000
02/26/2026

Listed (Active)

CLAW #SR26061354MR

$3,500,000
02/26/2026

Listed (Active)

SDMLS #SR26053975

$3,500,000
02/26/2026

Listed (Active)

SDMLS #SR26061354

$3,500,000
08/08/2017

Sold

CRMLS #SR17154361

$580,000
08/08/2017

Sold

CLAW #SR17154361CN

$580,000
07/22/2017

Pending

CRMLS #SR17154361

—
07/22/2017

Pending

CLAW #SR17154361CN

—
07/20/2017

Sold (Public Record)

Public Record #602338079

$580,000
07/07/2017

Listed (Active)

CLAW #SR17154361CN

$549,999
07/07/2017

Listed (Active)

CRMLS #SR17154361

$549,999

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11348 Reseda Boulevard

Taxable ValueLand$474,471Additions$185,463Total$659,934
Tax Record2025$8,207 ($684 / month)
Home Facts
Beds3Total Finished SqFt1,378 SqFtAbove Grade Finished SqFt1,378 SqFtStories1Lot Size7,703 SqFtStyleSingle Family ResidenceYear Built1965ZoningLARSCountyLOS ANGELESAPN2870-012-006

Schools near 11348 Reseda Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Castlebay Lane Charter School
Charter - K to 5
Robert Frost Middle School
Public - 6 to 8
Northridge Academy High
Public - 9 to 12
Valley Academy Of Arts And Sciences
Public - 9 to 12
Rating
School
Distance
Castlebay Lane Charter School
CharterK to 5

Robert Frost Middle School
Public6 to 8

Northridge Academy High
Public9 to 12

Valley Academy Of Arts And Sciences
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 11348 Reseda Boulevard, Porter Ranch, CA 91326

11348 Reseda Boulevard is a multi-family home for sale in Porter Ranch, CA 91326. This property was listed for sale on February 26, 2026 by Berkshire Hathaway HomeServices California Properties, it's currently listed at $3,500,000. It has been on the market for a total of 10 days and was last sold on August 8, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Castlebay Lane Charter School, Robert Frost Middle School and Northridge Academy High. 11348 Reseda Boulevard is a 5-bed, 12-bath, 6,000 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Jimmy Rashid, DRE #02130355

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.