6839 6843 Baird Avenue

Reseda, CA 91335

$4,000,000

Listed Price
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Property Description

We are proud to present a Development Opportunity at 6839-6843 Baird Ave, Reseda. This combined property offers a total lot size of approximately 27,298 SF and is zoned R2-1-RIO under the MediumResidential General Plan. The site is designated as a Tier 3 TransitOriented Communities (TOC) location, making it attractive for further development. The property currently includes both a duplex and a triplex, with the potential for additional units under AB2334 to achieve R3 zoning. Located in a gentrifying neighborhood near schools, transportation, and major hubs such as Van Nuys Airport and Warner Center, the area offers excellent residential appeal. With a high walkability score and proximity to public transit, this site is an ideal opportunity for developers. The site offers significant development potential as either a 100%Affordable Housing Project or a By-Right Market Rate Development. As a Tier 3 TOC site, a fully affordable project can benefit from density bonuses, reduced parking requirements, and other incentives, allowing for greater unit yield. Alternatively, the property is well-positioned for a market-rate development, leveraging its prime location and zoning to build a multi-family residential project without the need for special approvals.

Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 6839 6843 Baird Avenue
City Reseda
State CA
Zip 91335
County Los Angeles
Listing Agent Jordan Petito DRE#02023714
Co-Listing Agent Ariel Sayani DRE#02072610
Courtesy Of Keller Williams Beverly Hills
MLS 24436993
List Price $4,000,000
Status Active
Type Land
Structure Size N/A
Lot Size 27,298
DOM 8

Exterior Information

Maps

Listing information courtesy of: Jordan Petito, Ariel Sayani, Keller Williams Beverly Hills . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 14th, 2024 at 12:18 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.