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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Home / Reseda / 6834 Baird Avenue
6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 6834 Baird Avenue Reseda, CA 91335 View All Photos

$2,600,000

| Active

6834 Baird Avenue

Reseda, CA 91335

0.37
Acres
536
Days on Market
25478485
MLS#
Land
Structure
Residential
Zone
Contact
Listing OfficeKeller Williams Beverly Hills

We are excited to offer a premier opportunity to acquire a Ready-to-Issue (RTI), 91-unit, fully Affordable Housing Development, set on a spacious 16,010 SF lot in the highly sought-after and rapidly evolving Reseda neighborhood. This prime site is perfectly situated for accessibility, just moments away from key local destinations like the Van Nuys Airport and Warner Center, providing seamless access to transportation, shopping, and major employment centers. Designed for both efficiency and cost-effectiveness, this 4-story, stacked on-grade development features a thoughtfully planned unit mix, including 23 studios, 62 one-bedroom units, and 6 two-bedroom units, offering approximately 42,011 SF of buildable space. Set in a primarily residential area, the site offers excellent street parking availability, as well as a walkable environment with essential services and public transit just a short stroll away. The project benefits from eligibility for participation in the HCD Schedule VI moderate-income and TCAC Schedule IX low-income programs, both of which are standard for 100% affordable housing developments in Los Angeles. With the potential to attract Section 8 voucher tenants, rental income could increase by as much as 20% per unit, providing significant financial upside. A standout feature of this development is its zero parking requirement, resulting in substantial cost savings and a streamlined, transit-friendly design. With a Walk Score of 88, the neighborhood is rated as "Very Walkable," making it a perfect location for residents who prioritize ease of access to transit and daily amenities. This is an exceptional opportunity for investors looking to capitalize on one of Los Angeles' most promising affordable housing projects.

Property Details
Acres
0.368
Lot Size (sqft)
16010.0
Parking Spaces
0.0
Property Type
Purchase
County
Los Angeles
Region
Reseda
Zoning
(T)[Q]RAS4-1L-CDO-RIO
Original List Price
$4,500,000
MLS #
25478485
Property Subtype
Land
Parcel Number
2126022005
MLS #
25478485
Date Listed
February 04, 2025
Address
6834 Baird Avenue
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Jordan Petito (#CLW-C130285)
Listing Office: Keller Williams Beverly Hills (#CLW-X74054)

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