6423 Wilbur Avenue

Reseda, CA 91335

$1,550,000
Price
6
Beds
4
Baths
2,270 Sq. Ft.
$683 / Sq. Ft.
2,270
Sq. Ft.
$683
per Sq. Ft.

Description

Introducing three new units nestled in the vibrant Tarzana area of Reseda, located at 6423, 6421, and 6419 Wilbur Avenue. The first unit boasts 3 bedrooms and 2 baths, spanning approximately 1,200 square feet. Meanwhile, the second unit offers 2 bedrooms and 1 bath, featuring brand-new construction spanning over 700 square feet. Completing the trio, the third unit presents 1 bedroom and 1 bath, covering approximately 400 square feet, also freshly constructed. This property is an ideal opportunity...Introducing three new units nestled in the vibrant Tarzana area of Reseda, located at 6423, 6421, and 6419 Wilbur Avenue. The first unit boasts 3 bedrooms and 2 baths, spanning approximately 1,200 square feet. Meanwhile, the second unit offers 2 bedrooms and 1 bath, featuring brand-new construction spanning over 700 square feet. Completing the trio, the third unit presents 1 bedroom and 1 bath, covering approximately 400 square feet, also freshly constructed. This property is an ideal opportunity for an owner-user seeking additional income streams. Currently, two units are already rented, generating approximately $6,000 in rental income. For investors, the potential total rental income could soar to $9,000, making this an enticing prospect. With a configuration that includes a single-family home alongside a second unit and an accessory dwelling unit (ADU), this property offers versatility and financial promise. Don’t miss the chance to explore this opportunity firsthand; make sure to stop by and see it for yourself. Don’t miss the chance to explore this opportunity firsthand; make sure to stop by and see it for yourself ,,
  1. Listed by Bijan Hojjat • DRE #01737508 • Brokerage DRE #01811831 • Equity Union • 310-908-0174

Property Details for 6423 Wilbur Avenue

Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2270
Assessor Parcel Number
2128-004-045

Location

Listing Courtesy of Equity Union, Bijan Hojjat, DRE #01737508
Add your commute
LISTING UPDATED: 04/22/2024 08:51 AM

Property Details for 6423 Wilbur Avenue

StatusActive
MLS #SR24071259
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.16 AC / 6,841 SF
CountyLos Angeles County

Location

Listing Courtesy of Equity Union, Bijan Hojjat, DRE #01737508
Add your commute

Building Information for 6423 Wilbur Avenue

Stories1Residences-Year Built1957Building Size-Lot Size0.16 AC / 6,841 SF

Payment Calculator

$9,462 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,003

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6423 Wilbur Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Insurance, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $102,000
  • Gross Scheduled Income: $102,000
  • Net Operating Income: $94,000
Expense Details
  • Operating Expense: $8,000
  • Cable TV Expense: $3
  • Fuel Expense: $0
  • Insurance Expense: $1,800
  • Trash Expense: $0
  • Water Sewer Expense: $3
  • Total Expenses: $9,800
Tax / Assessment Info
  • Tax Tract Number: 22879
  • Tax Census Tract: 1331.01
  • CFD/Mello-Roos Fee: $413
  • Tax Lot: 44
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls
  • Disability Access: 2+ Access Exits, 32 inch or more wide doors, 36 inch or more wide halls
  • Community Features: Dog Park, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Microwave, Refrigerator
  • Equipment: Dishwasher, In Closet, In Kitchen, Inside, Microwave, Refrigerator
  • Interior Features: Coffered Ceiling(s), Copper Plumbing Full, Granite Counters, High Ceilings, Open Floorplan
  • Laundry: Yes
  • Laundry Features: In Closet, In Kitchen, Inside
  • Cooling: Central Air, Ductless
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate, Tile
Exterior Features
  • Door Features: Double Door Entry, French Doors
  • Security Features: Automatic Gate
  • Security: Automatic Gate
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Vinyl
  • Fencing: New Condition, Vinyl
  • Foundation Details: Combination, Raised
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Close to Clubhouse, Front Yard, Level with Street, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Electric: Cable Available, Electricity Connected, Natural Gas Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway - Combination
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 0
  • Carport Spaces: 2
  • Parking Features: Attached Carport, Driveway - Combination
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,700
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Furnished
  • Unit Type Garage Attached: No
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 6423 Wilbur Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6423 Wilbur Avenue

Taxable ValueLand$672,996Additions$296,004Total$969,000
Tax Record2023$12,036 ($1,003 / month)
Home Facts
Beds3Total Finished SqFt1,170 SqFtAbove Grade Finished SqFt1,170 SqFtStories1Lot Size6,839 SqFtStyleSingle Family ResidenceYear Built1957ZoningLAR1CountyLOS ANGELESAPN2128-004-045

Schools near 6423 Wilbur Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Charter - 6 to 12
Public - 4 to 12
Rating
School
Distance
Vanalden Avenue Elementary School
PublicK to 5

Gaspar De Portola Middle School
Charter6 to 8

Reseda Senior High School
Charter6 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.

Similar Homes

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6423 Wilbur Avenue is a multi-family home for sale in Reseda, CA 91335. This property was listed for sale on April 13, 2024 by Equity Union, it's currently listed at $1,550,000. It has been on the market for a total of 19 days and was last sold on June 21, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Vanalden Avenue Elementary School, Gaspar De Portola Middle School and Reseda Senior High School. 6423 Wilbur Avenue is a 6-bed, 4-bath, 2,270 sqft multi-family home built in 1957.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Equity Union, Bijan Hojjat, DRE #01737508

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.