7262 Amigo, Reseda, California 91335, Reseda, 91335 - bed, bath
ACTIVE$950,000
7262 Amigo, Reseda, California 91335
0Bed
0Bath
2,264Sqft
8,002Lot
Year Built
1947
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$420
HOA
-
Days on market
-
Sold On
-
MLS number
SR25269420
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $950.0K(27th), sqft - 2264(27th), beds - undefined(50th), baths - undefined(50th).
Prime Triplex Opportunity in Reseda! Located in the vibrant heart of Reseda, this well-cared-for 3-unit complex offers strong rental income and long-term stability. The spacious unit mix includes (1) 2BD/1BA and (1) 1BD/1BA at 7260 Amigo Ave and 7260 'B" Amigo Ave, plus an additional 2BD/1BA at 7262 Amigo Ave. Current rents are $1,600, $1,550, and $1,800. All units are tenant-occupied, providing instant cash flow from day one. Landlord pays water and trash. Enjoy easy access to public transit, shops, schools, and major Valley thoroughfares. Ideal for investors looking to add a reliable income-producing property to their portfolio.
Nearby schools
5/10
Reseda Elementary School
Public,•K-5•0.0mi
5/10
Garden Grove Elementary School
Public,•K-5•0.6mi
2/10
Blythe Street Elementary School
Public,•K-5•0.8mi
3/10
Bertrand Avenue Elementary School
Public,•K-5•0.9mi
5/10
Shirley Avenue Elementary School
Public,•K-5•1.1mi
6/10
Newcastle Elementary School
Public,•K-5•1.2mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.4mi
3/10
Melvin Avenue Elementary School
Public,•K-5•1.4mi
3/10
Anatola Avenue Elementary School
Public,•K-5•1.4mi
5/10
Cantara Street Elementary School
Public,•K-5•1.4mi
6/10
Lemay Street Elementary School
Public,•K-5•1.5mi
3/10
Vanalden Avenue Elementary School
Public,•K-5•1.5mi
5/10
Lemay Street Elementary School
Public,•K-5•1.5mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.7mi
3/10
Napa Street Elementary School
Public,•K-5•1.7mi
4/10
Stanley Mosk Elementary School
Public,•K-5•1.7mi
6/10
Lorne Street Elementary School
Public,•K-5•1.7mi
3/10
Winnetka Avenue Elementary School
Public,•K-5•2.2mi
3/10
Northridge Middle School
Public,•6-8•1.7mi
3/10
John A. Sutter Middle School
Public,•6-8•1.9mi
3/10
William Mulholland Middle School
Public,•6-8•1.9mi
5/10
William Mulholland Middle School
Public,•6-8•2.1mi
6/10
Gaspar De Portola Middle School
Public,•6-8•2.5mi
5/10
Woodland Hills Charter Academy
Public,•6-8•3.4mi
4/10
Reseda Senior High School
Public,•9-12•1.0mi
7/10
Northridge Academy High
Public,•9-12•3.0mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.4mi
5/10
Valley Academy Of Arts And Sciences
Public,•9-12•4.4mi
Price History
Date
Event
Price
12/09/25
Listing
$950,000
Condition Rating
Fair
Built in 1947, this triplex appears well-maintained but is significantly outdated. The kitchens feature older wood cabinets, laminate countertops, and dated white appliances, along with linoleum flooring and fluorescent lighting. Bathrooms similarly show older vanities, fixtures, and dated finishes. While functional and clean, these areas require substantial cosmetic updates to meet current standards. The presence of window AC units suggests a lack of modern central cooling. The property is livable but shows clear signs of age and has not undergone major renovations in recent decades, aligning with a 'Fair' rating.
Pros & Cons
Pros
Triplex Investment Opportunity: This property is a prime triplex, offering three distinct rental units (two 2BD/1BA and one 1BD/1BA), providing diversified income streams and strong long-term stability for investors.
Immediate Cash Flow: All units are currently tenant-occupied with established rents ($1,600, $1,550, and $1,800), ensuring instant cash flow from day one for a new owner.
Strategic Location & Accessibility: Located in the vibrant heart of Reseda, the property boasts easy access to public transit, shops, schools, and major Valley thoroughfares, enhancing tenant appeal and demand.
Well-Maintained Property: Described as a 'well-cared-for' complex, suggesting a good state of maintenance which could minimize immediate repair or renovation costs for the buyer.
Proximity to Schools: The property is exceptionally close to Reseda Elementary School (0.038 miles, rating 5) and within a mile of Reseda Senior High School (rating 4), making it attractive to families.
Cons
Landlord-Paid Utilities: The landlord is responsible for water and trash expenses, which reduces the net operating income and increases ongoing costs for the property owner.
Property Age & Potential for Upgrades: Built in 1947, the property's age suggests potential for outdated systems (plumbing, electrical) or components that may require significant capital expenditures for modernization or replacement in the future.
Rent Control Implications: As an older multi-unit property in Los Angeles, it is highly probable that the units are subject to rent control regulations, which could limit future rent increases and overall income growth potential.