7249 Baird Ave
Reseda, CA 91335
Reseda- 41 Beds
- 41 Baths
- 29,588 sqft (on 0.59 acres)
41 Beds
41 Baths
29,588 sqft
(on 0.59 acres)
Local Information
-- mins to
Description
The Kelly Morgan Commercial Group is pleased to present a rare opportunity to acquire a 39 unit multifamily portfolio consisting of two properties located on the same block in Reseda, California: 27 units at 7249 Baird & 12 units at 18540 Wyandotte (both properties must be purchased together). The metrics on this listing pertain to the portfolio, not individually. The portfolio offers strong in place cash flow with a current 6.27% cap rate and 10.15 GRM, along with significant upside through rental increases and the potential development of up to 9 ADUs. Unlike many Los Angeles apartment properties, the assets are not subject to LA City Rent Control, allowing for annual rent increases of 5% plus CPI. Ideally located near Sherman Way and Reseda Boulevard, the properties benefit from an 86 Walk Score, convenient access to public transportation, nearby retail, dining, parks, and major educational institutions including CSUN and Pierce College. Combining immediate income, value-add potential, and a highly desirable San Fernando Valley location, this portfolio presents an attractive opportunity for investors seeking both cash flow and long-term appreciation. Disclaimer: Property sold as is, where is.
Home Highlights
Parking
70 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$326
Listed
13 days ago
Home Details for 7249 Baird Ave
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Beds & Baths Number of Bedrooms: 41Number of Bathrooms: 41 |
Dimensions and Layout Living Area: 29588 Square Feet |
Heating & Cooling Heating: WallHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 70Parking: Covered |
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Days on Market: 13 |
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Year Built Year Built: 1989 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 2118028047 |
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Price List Price: $9,650,000Price Per Sqft: $326 |
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MLS Status: Active |
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Direction & Address City: Reseda |
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Listing Agent Listing ID: 26852325 |
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Building Area Building Area: 29588 Square Feet |
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Lot Area: 0.59 acres |
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Special Conditions: Standard |
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Mls Number: 26852325 |
Last check for updates: about 3 hours ago
Listing courtesy of Kelly Morgan DRE # 01898026, (310) 836-3638
Houze Real Estate Management, (323) 852-1372
Source: CLAW, MLS#26852325

Also Listed on CRMLS.
Market trends in Los Angeles
Last updated May 2026
Avg. sale price
$1M
$24.42KMoM
Sale-to-List Price
99.6%
0.5%MoM
Price per sq ft
$638
$6MoM
Available listings
8306
253MoM
Price History for 7249 Baird Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/25/2026 | $9,650,000 | Listed For Sale | CLAW #26852325 |
| 10/25/2024 | $1,900 | ListingRemoved | Zillow Rentals |
| 10/24/2024 | $1,900 | Listed For Rent | Zillow Rentals |
| 01/12/2024 | ListingRemoved | Zillow Rentals | |
| 12/16/2023 | $1,900 | Listed For Rent | Zillow Rentals |
| 03/27/2020 | $1,650 | ListingRemoved | Agent Provided |
| 01/11/2020 | $1,650 | Listed For Rent | Agent Provided |
| 07/17/2019 | $1,650 | ListingRemoved | Agent Provided |
| 05/31/2019 | $1,650 | PriceChange | Agent Provided |
| 05/01/2019 | $1,750 | PriceChange | Agent Provided |
| 03/09/2019 | $1,800 | PriceChange | Agent Provided |
| 02/28/2019 | $1,700 | PriceChange | Agent Provided |
| 02/20/2019 | $1,750 | PriceChange | Agent Provided |
| 01/05/2019 | $1,700 | Listed For Rent | Agent Provided |
| 08/29/2018 | $1,650 | ListingRemoved | Agent Provided |
| 05/16/2018 | $1,650 | Listed For Rent | Agent Provided |
Similar Homes You May Like
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Comparable Sales for 7249 Baird Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.45 | Multi-Family Home | $6,325,000 | 08/29/25 | 58 | 50 | 22,154 | |
0.49 | Multi-Family Home | $4,850,000 | 05/22/26 | 27 | 34 | 19,941 | |
0.79 | Multi-Family Home | $4,400,000 | 04/28/26 | 34 | 27 | 18,089 | |
0.81 | Multi-Family Home | $3,420,000 | 05/28/26 | 32 | 29 | 16,282 | |
0.35 | Multi-Family Home | $1,550,000 | 05/21/26 | 11 | 9 | 6,784 | |
1.64 | Multi-Family Home | $5,249,400 | 05/08/26 | 47 | 38 | 22,657 | |
0.25 | Multi-Family Home | $875,000 | 07/18/25 | 6 | 4 | 2,760 | |
0.04 | Multi-Family Home | $850,000 | 07/02/26 | 5 | 3 | 2,264 | |
0.25 | Multi-Family Home | $1,700,000 | 10/21/25 | 9 | 6 | 3,473 | |
0.03 | Multi-Family Home | $1,330,000 | 07/16/25 | 8 | 5 | 3,590 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 7249 Baird Ave.
What Locals Say about Reseda
At least 524 Trulia users voted on each feature.
86 % Say it's dog friendly
85 % Say there are sidewalks
78 % Say car is needed
69 % Say yards are well-kept
65 % Say it's walkable to grocery stores
64 % Say there's holiday spirit
60 % Say parking is easy
56 % Say it's walkable to restaurants
53 % Say it's quiet
50 % Say streets are well-lit
50 % Say people would walk alone at night
48 % Say neighbors are friendly
47 % Say they plan to stay for at least 5 years
44 % Say kids play outside
34 % Say there's wildlife
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kelly Morgan, Houze Real Estate Management, (323) 852-1372
Agent Phone: (310) 836-3638

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-07-08 15:57:19 PDT. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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