Listing Agent: Heather Schmitt      Broker/Office: Equity Union
6836 Aura Reseda CA 91335
$ 1,257,500
  5   |    4   |    2456 Sq Feet

Listing ID

#SR26074090

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1951

Days on website

47

Description
Price Improvement! Exceptional Investment Opportunity in Prime Reseda — Now Offered at $1,257,500. Welcome to 6836, 6838 & 6838 ½ Aura Ave, a rare and highly versatile multi-unit property delivering incredible income potential and long-term upside for both seasoned investors and owner-users alike. With projected rental income of approximately $8,100 per month across all three units, this property represents an outstanding addition to any real estate portfolio with immediate cash flow potential and future expansion opportunities already in place.

The property features three separate residences including a well-maintained main home, a newly constructed ADU, and a newly constructed SB9 ADU — all thoughtfully designed with private entrances, separation, and functionality in mind. Seller will deliver the property fully ready to go with all three units completed, including finishing the kitchenette in the SB9 ADU, allowing the future owner to maximize rental income from day one.

For owner-users, this property presents a unique opportunity to significantly offset a monthly mortgage payment while still enjoying the benefits of homeownership and additional passive income. The flexible layout is ideal for multigenerational living, owner occupancy with supplemental income, or a fully leased investment strategy.

Adding even more value and future upside, approved plans are already in place for tandem parking along the west side of the new construction, creating the opportunity to potentially convert the existing garage into a Junior ADU and transform the property into a four-unit income-producing asset. The possibilities here are truly exceptional for buyers looking to maximize returns and long-term appreciation.

Situated in a desirable Reseda neighborhood with convenient access to shopping, dining, parks, schools, and major freeways, this is a rare chance to acquire a high-performing, turn-key multi-unit property with strong projected income, expansion potential, and multiple paths to wealth building through real estate.
Location
Financial Information
List Price:  $ 1257500
Property Features
Community Features:  Sidewalks
Flooring:  Tile
High School District:  Los Angeles Unified
Laundry Features:  Inside
Levels:  One
Lot Features:  Lawn
Senior Community YN:  false
Structure Type:  House
View:  Neighborhood
Water Source:  Public
High School District:  Los Angeles Unified
MLS Area Major:  RES - Reseda
City:  Reseda
Senior Community YN:  false
Listed By:   Heather Schmitt   Equity Union 
CA Lic#