Description
Price Improvement! Exceptional Investment Opportunity in Prime Reseda — Now Offered at $1,257,500. Welcome to 6836, 6838 & 6838 ½ Aura Ave, a rare and highly versatile multi-unit property delivering incredible income potential and long-term upside for both seasoned investors and owner-users alike. With projected rental income of approximately $8,100 per month across all three units, this property represents an outstanding addition to any real estate portfolio with immediate cash flow potential and future expansion opportunities already in place.The property features three separate residences including a well-maintained main home, a newly constructed ADU, and a newly constructed SB9 ADU — all thoughtfully designed with private entrances, separation, and functionality in mind. Seller will deliver the property fully ready to go with all three units completed, including finishing the kitchenette in the SB9 ADU, allowing the future owner to maximize rental income from day one.For owner-users, this property presents a unique opportunity to significantly offset a monthly mortgage payment while still enjoying the benefits of homeownership and additional passive income. The flexible layout is ideal for multigenerational living, owner occupancy with supplemental income, or a fully leased investment strategy.Adding even more value and future upside, approved plans are already in place for tandem parking along the west side of the new construction, creating the opportunity to potentially convert the existing garage into a Junior ADU and transform the property into a four-unit income-producing asset. The possibilities here are truly exceptional for buyers looking to maximize returns and long-term appreciation.Situated in a desirable Reseda neighborhood with convenient access to shopping, dining, parks, schools, and major freeways, this is a rare chance to acquire a high-performing, turn-key multi-unit property with strong projected income, expansion potential, and multiple paths to wealth building through real estate.
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5BEDS
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0.14ACRES
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4BATHS
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01/2 BATHS
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2,456SQFT
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$512$/SQFT
Description
Price Improvement! Exceptional Investment Opportunity in Prime Reseda — Now Offered at $1,257,500. Welcome to 6836, 6838 & 6838 ½ Aura Ave, a rare and highly versatile multi-unit property delivering incredible income potential and long-term upside for both seasoned investors and owner-users alike. With projected rental income of approximately $8,100 per month across all three units, this property represents an outstanding addition to any real estate portfolio with immediate cash flow potential and future expansion opportunities already in place.The property features three separate residences including a well-maintained main home, a newly constructed ADU, and a newly constructed SB9 ADU — all thoughtfully designed with private entrances, separation, and functionality in mind. Seller will deliver the property fully ready to go with all three units completed, including finishing the kitchenette in the SB9 ADU, allowing the future owner to maximize rental income from day one.For owner-users, this property presents a unique opportunity to significantly offset a monthly mortgage payment while still enjoying the benefits of homeownership and additional passive income. The flexible layout is ideal for multigenerational living, owner occupancy with supplemental income, or a fully leased investment strategy.Adding even more value and future upside, approved plans are already in place for tandem parking along the west side of the new construction, creating the opportunity to potentially convert the existing garage into a Junior ADU and transform the property into a four-unit income-producing asset. The possibilities here are truly exceptional for buyers looking to maximize returns and long-term appreciation.Situated in a desirable Reseda neighborhood with convenient access to shopping, dining, parks, schools, and major freeways, this is a rare chance to acquire a high-performing, turn-key multi-unit property with strong projected income, expansion potential, and multiple paths to wealth building through real estate.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-17T15:35:56.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Lori Thompson | Coldwell Banker Realty. Licensed in the State of California, USA.