8135 Reseda Blvd

Reseda, CA 91335

$2,325,000
Last Sold Price
16
Beds
14
Baths
9,214 Sq. Ft.
$252 / Sq. Ft.
9,214
Sq. Ft.
$252
per Sq. Ft.
Sold 4/1/25
Sold 4/1/25
a front view of a building

Description

Located across the street from Dignity Health Northridge Hospital, and built in 1981, 8135 Reseda is a 10-unit complex that is NOT SUBJECT TO CITY OF LA RSO (AB-1482). This exemption allows for an 8.8% annual rent increase (CA max - 5% + CPI). This value-add opportunity is offered at $250,000 per unit, $271 per foot, and 11.87 GRM and 5.45% CAP on current rents. 8135 Reseda presents approx. 25% rental upside, and a future investor can reach a 7.44% CAP and 9.56 GRM, by achieving projected market...Located across the street from Dignity Health Northridge Hospital, and built in 1981, 8135 Reseda is a 10-unit complex that is NOT SUBJECT TO CITY OF LA RSO (AB-1482). This exemption allows for an 8.8% annual rent increase (CA max - 5% + CPI). This value-add opportunity is offered at $250,000 per unit, $271 per foot, and 11.87 GRM and 5.45% CAP on current rents. 8135 Reseda presents approx. 25% rental upside, and a future investor can reach a 7.44% CAP and 9.56 GRM, by achieving projected market rents for renovated units in the area. Situated just south of Roscoe Blvd, the complex is located across from Dignity Health Northridge Hospital, a major employer with approx. 2,000 employees, and is only 2 miles from California State University, Northridge (CSUN), home to over 38,000 undergraduate and graduate students. For those seeking additional opportunities, this property can be purchased individually or alongside 14245 Roscoe Blvd, a 6-unit complex with approx. 30% rental upside, located 0.3 miles from Panorama Mall and 1 mile from The Plant Shopping Center. Please email or call LA1 for more information.

Listing Agents

  1. Kenny Stevens Team

    Kenny Stevens Team

    Listing Agent

    Compass

    DRE #01090251

    CallTextEmail
  2. Kenny Stevens

    Kenny Stevens

    Listing Agent

    Compass

    DRE #01090251

    kenny.stevens@compass.com

    P: (310)-968-7005

    CallTextEmail

Property Details for 8135 Reseda Boulevard

Zoning
LAR3
Parcel Number
2103007012
Total Units
10.0
Living Area
9214
Source Living Area
Vendor Enhanced
Area
Reseda Ranch (RESR)
Vacancy Rate
0 Units
Lot Size Area
8502
LISTING UPDATED: 04/02/2025 01:50 PM

Property Details for 8135 Reseda Boulevard

StatusSold
MLS #24-470641
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1981
Lot Size0.20 AC / 8,502 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251

Sold By Compass, Kenny Stevens, DRE #01090251

Add your commute

Building Information for 8135 Reseda Boulevard

Stories2Residences-Year Built1981Building Size-Lot Size0.20 AC / 8,502 SF

Payment Calculator

$12,037 per month

30 year fixed, 6.15% Interest

Principal and Interest

$11,332

Property Taxes

$705

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8135 Reseda Boulevard

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: No
  • View Description: None
  • View: None
  • Security Features: Gated
  • Direction Faces: West
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $205,276
  • Net Operating Income: $136,255.00
  • Gross Income: $210,539
  • Gross Scheduled Income: $210,539
  • Cap Rate: 5.45%
  • Gross Rent Multiplier: $11.87
  • Financial Info as Of: 12/09/2025
  • Total Annual Expense: 69021
Land / Lot Info
Land / Lot Info
  • Alley: No
  • Lot Size Square Feet: 8502
Parking Details
Parking Details
  • Parking Garage: Covered Parking, Gated
  • Total Parking: 14
  • Parking Features: Covered, Gated
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall, Other
  • Equipment: Other
  • Common Walls: Attached
  • Laundry: Community, Room
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-09-2024
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,178.00
  • Unit Actual Rent: $4,356.00
  • Unit Projected Rent: $5,900.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,797.00
  • Unit Actual Rent: $1,797.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,960.00
  • Unit Actual Rent: $1,960.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,555.00
  • Unit Actual Rent: $9,332.00
  • Unit Projected Rent: $11,100.00
  • Like Units: 6
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109

Property History for 8135 Reseda Boulevard

DateEvent & SourcePriceAppreciation
Apr 1, 2025

Sold

CLAW #24-470641

$2,325,000—
Apr 1, 2025

Sold

CRMLS #24470641

$2,325,000—
Apr 1, 2025

Sold

SDMLS #24-470641

$2,325,000—
Feb 17, 2025

Sold (Public Record)

Public Record #1553961564

$2,300,000—
Jan 16, 2025

Pending

SDMLS #24-470641

—
Jan 16, 2025

Pending

CRMLS #24470641

—
Jan 16, 2025

Pending

CLAW #24-470641

—
Dec 9, 2024

Listed (Active)

CRMLS #24470641

$2,500,000—
Dec 9, 2024

Listed (Active)

CLAW #24-470641

$2,500,000—
Dec 9, 2024

Listed (Active)

SDMLS #24-470641

$2,500,000—
DateEvent & SourcePrice
04/01/2025

Sold

CLAW #24-470641

$2,325,000
04/01/2025

Sold

CRMLS #24470641

$2,325,000
04/01/2025

Sold

SDMLS #24-470641

$2,325,000
02/17/2025

Sold (Public Record)

Public Record #1553961564

$2,300,000
01/16/2025

Pending

SDMLS #24-470641

—
01/16/2025

Pending

CRMLS #24470641

—
01/16/2025

Pending

CLAW #24-470641

—
12/09/2024

Listed (Active)

CRMLS #24470641

$2,500,000
12/09/2024

Listed (Active)

CLAW #24-470641

$2,500,000
12/09/2024

Listed (Active)

SDMLS #24-470641

$2,500,000

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

Public Records for 8135 Reseda Boulevard

Taxable ValueLand$167,955Additions$403,118Total$571,073
Tax Record2025$8,454 ($705 / month)
Home Facts
Total Finished SqFt9,214 SqFtAbove Grade Finished SqFt9,214 SqFtLot Size8,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1981ZoningLAR3CountyLOS ANGELESAPN2103-007-012

Schools near 8135 Reseda Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Blythe Street Elementary School
Public - K to 5
Northridge 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
Blythe Street Elementary School
PublicK to 5

Northridge 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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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 Compass, Kenny Stevens Team, DRE #01090251; Compass, Kenny Stevens, DRE #01090251

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.