3 Beds
2 Baths
1,376 SqFt
3 Beds
2 Baths
1,376 SqFt
Open House
Sat May 02, 2:00pm - 5:00pm
Sun May 03, 2:00pm - 5:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,376 sqft
Price per Sqft $984
MLS Listing ID SR26074090
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1951
Lot Size 6,050 Sqft
Property Sub-Type Single Family Residence
Property Description
Welcome to 6836, 6838 & 6838 ½ Aura Ave—an exceptional income-producing opportunity with built-in upside in one of Reseda's most desirable pockets. This unique property features three fully independent residences on one lot, including two newly constructed ADUs and a newly built garage, offering a rare blend of modern construction and strong rental performance.
With 6838 Aura already leased at $1,600/month through June 30th, this property delivers immediate cash flow from day one. The SB9 ADU is projected at $2,300/month, and the main residence at $3,600/month, bringing total projected gross income to approximately $7,500/month and a compelling 6.6% cap rate.
The main home (6836 Aura Ave) offers a bright, open layout with updated finishes throughout, including granite countertops, refreshed cabinetry, stainless steel appliances, and upgraded flooring. A spacious backyard with a covered patio enhances livability and tenant appeal.
The newly constructed ADU (6838 Aura Ave) is turnkey and designed for premium rental income, featuring a modern open-concept layout, white shaker cabinetry, quartz countertops, stainless steel appliances, recessed lighting, and a sleek walk-in tiled shower. Complete with its own private entrance, patio, and alley access, it offers privacy and strong rental desirability.
The SB9 ADU (6838 ½ Aura Ave) presents a major value-add opportunity. Currently being used by the sellers as additional living space, this unit is permitted for a kitchen and already includes gas and plumbing connections. A future owner can quickly unlock its full income potential by simply adding cabinets, a sink, and a stove—instantly converting it into a fully functional rental unit. With its private entrance, dedicated bathroom, and flexible layout, this unit is primed to significantly boost overall returns.
The addition of a newly constructed "through-access" garage (alley access and also opens to the backyard), and a layout designed for separation and privacy, further enhances both usability and long-term value.
This is a rare opportunity to acquire a modern, income-generating property with immediate cash flow and clear upside potential. Whether you're an investor looking to maximize returns or an owner-user seeking to offset your mortgage while building wealth, this property delivers on every level.
Location
State CA
County Los Angeles
Area Res - Reseda
Rooms
Other Rooms Guest House Detached
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down
Cooling Central Air
Flooring Tile
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
View Y/N Yes
View Neighborhood
Total Parking Spaces 2
Private Pool No
Building
Lot Description Lawn
Dwelling Type House
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Guest House Detached
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2130018019
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Nearby Locations
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