6839 Baird Avenue 2126023012
Reseda, CA, 91335
$4,000,000
Beds
0 Baths
SqFt
0.63 Acres
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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.

Property Details

Price:
$4,000,000
MLS #:
24436993
Status:
Active
Baths:
0
Address:
6839 Baird Avenue 2126023012
Type:
Land
Neighborhood:
resreseda
City:
Reseda
Listed Date:
Sep 6, 2024
State:
CA
ZIP:
91335
Lot Size:
27,298 sqft / 0.63 acres (approx)
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