6834 Baird Ave Reseda, CA 91335

This is an opportunity to acquire a Ready-to-Issue (RTI), 91-unit, fully Affordable Housing Development, situated on a 16,010 SF lot in Reseda. The location provides accessibility, with proximity to the Van Nuys Airport and Warner Center, offering access to transportation, shopping, and major employment centers. The 4-story development features a unit mix that includes 23 studios, 62 one-bedroom units, and 6 two-bedroom units, offering approximately 42,011 SF of buildable space. The site is in a primarily residential area and offers street parking availability, as well as a walkable environment with essential services and public transit. The project is eligible for participation in the HCD Schedule VI moderate-income and TCAC Schedule IX low-income programs. With the potential to attract Section 8 voucher tenants, rental income could increase. A feature of this development is its zero parking requirement, resulting in cost savings and a transit-friendly design. With a Walk Score of 88, the neighborhood is rated as "Very Walkable," making it a location for residents who prioritize access to transit and daily amenities. The property is located at 6834 Baird Ave, Reseda, CA 91335 and is zoned as (T)[Q]RAS4-1L-CDO-RIO. The lot size is 0.37 acres.