Brand-new 5-unit investment opportunity in desirable Porter Ranch. Reimagined from a single-family lot into a thoughtfully designed compound-style community, this unique property offers a rare combination of strong income potential, new construction benefits, and a highly versatile unit mix. The property includes two detached 3-bedroom, 3-bath homes and three 2-bedroom, 2-bath units across two additional structures, creating a low-density residential setting with added privacy and broad tenant appeal.
Currently under construction, this is an exceptional opportunity to acquire a newly developed asset at an early stage, with the potential to influence final finishes. Designed for modern living, each residence will feature open floor plans, contemporary kitchens, and efficient, well-planned layouts attractive to today’s renters. As brand-new construction, the property offers the advantages of new systems, lower anticipated maintenance costs, and long-term operational efficiency, making it well suited for investors seeking a stable, turnkey addition to their portfolio.
The flexible configuration also creates opportunities beyond traditional leasing, including multigenerational living, extended family occupancy, shared housing models, or organizations seeking a residential environment that supports both privacy and community.
The property will provide five on-site parking spaces, including two covered, with additional street parking available. Conveniently located near shopping, dining, parks, freeway access, and major employment centers, this is a rare chance to acquire a newly constructed multifamily asset in one of the San Fernando Valley’s most sought-after submarkets.
Images have been digitally edited and /or are digital renderings and not the current condition of the property.
For sale
Listing Provided by: Berkshire Hathaway HomeServices California Properties
$3,500,000
11348 Reseda Blvd, Porter Ranch, CA 91326
--beds
--baths
6,000sqft
Est.:
Quadruplex
Built in 1965
-- sqft lot
$3,368,100 Zestimate®
$583/sqft
$-- HOA
What's special
- 6 days |
- 332 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: March 12, 2026 at 07:05pm
Listing Provided by:
Jimmy Rashid DRE #02130355 424-209-9129,
Berkshire Hathaway HomeServices California Properties
Source: CRMLS,MLS#: SR26053975
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Rooms
- Room types: Bedroom, Laundry, Other
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Inside
Features
- Bedroom on Main Level, Walk-In Closet(s)
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall,End Unit
Interior area
- Total structure area: 6,000
- Total interior livable area: 6,000 sqft
Property
Parking
- Total spaces: 5
- Parking features: Carport, Driveway, Public, One Space, Shared Driveway, See Remarks, Uncovered
- Carport spaces: 2
- Uncovered spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,821 Square Feet
- Features: 2-5 Units/Acre
Details
- Additional structures: Guest House Detached
- Parcel number: 2870012006
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: See Remarks
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Unknown
- Foundation: See Remarks
- Roof: Other
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Features: Suburban, Sidewalks
Location
- Region: Porter Ranch
Financial & listing details
- Price per square foot: $583/sqft
- Tax assessed value: $659,934
- Annual tax amount: $8,207
- Date on market: 3/12/2026
- Listing terms: Cash,Cash to New Loan,Lease Option
- Tenant pays: All Utilities
Estimated market value
$3,368,100
$3.20M - $3.54M
$4,624/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Listed for sale | $3,500,000+503.4%$583/sqft |
Source: | ||
| 9/11/2024 | Listing removed | $3,600$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/9/2024 | Listed for rent | $3,600+7.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/2/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/23/2022 | Price change | $3,350-5.6%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/19/2022 | Price change | $3,550-4.1%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 7/6/2022 | Listed for rent | $3,700+68.6%$1/sqft |
Source: Zillow Rental Network Premium Report a problem | ||
| 8/8/2017 | Sold | $580,000+5.5%$97/sqft |
Source: Public Record Report a problem | ||
| 7/22/2017 | Pending sale | $549,999$92/sqft |
Source: RE/MAX Olson & Associates,Inc. #SR17154361 Report a problem | ||
| 7/7/2017 | Listed for sale | $549,999$92/sqft |
Source: RE/MAX Olson & Associates,Inc. #SR17154361 Report a problem | ||
| 10/18/2013 | Listing removed | $2,195 |
Source: Hammond & Hammond, Inc. Report a problem | ||
| 7/1/2013 | Listed for rent | $2,195 |
Source: Hammond & Hammond, Inc. Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,207 +1.2% | $659,934 +2% |
| 2024 | $8,107 +1.9% | $646,995 +2% |
| 2023 | $7,953 +4.8% | $634,310 +2% |
| 2022 | $7,587 +1.2% | $621,873 +2% |
| 2021 | $7,494 -1% | $609,681 +1% |
| 2020 | $7,568 | $603,431 +2% |
| 2019 | $7,568 +5.3% | $591,600 +2% |
| 2018 | $7,186 | $580,000 +335% |
| 2017 | $7,186 +291.4% | $133,328 +2% |
| 2016 | $1,836 +3% | $130,715 +1.5% |
| 2015 | $1,783 +0.4% | $128,753 +2% |
| 2014 | $1,775 | $126,232 +2.5% |
| 2012 | -- | $123,199 +2% |
| 2011 | -- | $120,784 +0.8% |
| 2010 | -- | $119,882 -0.2% |
| 2009 | -- | $120,167 +2% |
| 2008 | -- | $117,812 +2% |
| 2007 | -- | $115,502 +2% |
| 2006 | -- | $113,238 |
| 2005 | -- | $113,238 +4% |
| 2004 | -- | $108,843 +1.9% |
| 2003 | -- | $106,849 +2% |
| 2002 | -- | $104,755 +4% |
| 2000 | -- | $100,690 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$20,773/mo
Principal & interest
$17331
Property taxes
$3442
More affordability tools
Climate risks
Neighborhood: Porter Ranch
Nearby schools
GreatSchools rating
- 9/10Granada Hills Charter High SchoolGrades: K-12Distance: 1.2 mi
- 8/10Robert Frost Middle SchoolGrades: 6-8Distance: 1.9 mi
- 7/10Valley Academy Of Arts And SciencesGrades: 9-12Distance: 2.2 mi
Local experts in 91326
- California
- Los Angeles County
- Los Angeles
- 91326
- Porter Ranch
- 11348 Reseda Blvd





