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For sale
  • Listing Provided by: Berkshire Hathaway HomeServices California Properties
    $3,500,000

    11348 Reseda Blvd, Porter Ranch, CA 91326

    --beds
    --baths
    6,000sqft
    : 
    Quadruplex
    Built in 1965
    -- sqft lot
    $3,368,100 Zestimate®
    $583/sqft
    $-- HOA

    What's special

    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.
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    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#: SR26053975MLS LogoOriginating MLS: California Regional MLS

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      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
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        Estimated market value

        $3,368,100

        $3.20M - $3.54M

        $4,624/mo

        Price history

        Price history
        DateEventPrice
        3/13/2026Listed for sale$3,500,000+503.4%$583/sqft
        Source: CRMLS #SR26053975 Report a problem
        9/11/2024Listing removed$3,600$1/sqft
        Source: Zillow Rentals Report a problem
        9/9/2024Listed for rent$3,600+7.5%$1/sqft
        Source: Zillow Rentals Report a problem
        9/2/2022Listing removed--
        Source: Zillow Rental Network Premium Report a problem
        8/23/2022Price change$3,350-5.6%$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        7/19/2022Price change$3,550-4.1%$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        7/6/2022Listed for rent$3,700+68.6%$1/sqft
        Source: Zillow Rental Network Premium Report a problem
        8/8/2017Sold$580,000+5.5%$97/sqft
        Source: Public Record Report a problem
        7/22/2017Pending sale$549,999$92/sqft
        Source: RE/MAX Olson & Associates,Inc. #SR17154361 Report a problem
        7/7/2017Listed for sale$549,999$92/sqft
        Source: RE/MAX Olson & Associates,Inc. #SR17154361 Report a problem
        10/18/2013Listing removed$2,195
        Source: Hammond & Hammond, Inc. Report a problem
        7/1/2013Listed for rent$2,195
        Source: Hammond & Hammond, Inc. Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: Porter Ranch

          Getting around

          12 / 100
          Car-Dependent
          16 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 91326

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