Active

7460 Canby Avenue

Reseda CA, 91335

$1,650,000


$235.01 per sqft

Active

10 Beds

9 Baths

7,021 sqft

Residential

Built in 1963

Listed by Chase Simonton with RE/MAX One 310-383-5927

7460 Canby Ave. is an incredible investment property located in the fense rental market of Reseda. Offering 9 units and asking only $1,650,000, this makes it one of the lowest cost of entries of any apartment building. With substantially below market rents and asking 10 times the gross income, this gives a new buyer tremendous upside potential and immediate cash flow to start. The building consist of large units, 2 two bedroom one bath and 6 one bedroom one bath and 1 Studio. There are nine parking spaces off street for tenants and plenty of street parking. 7460 Canby Ave is perfect for the first time Buyer or for an experienced owner adding to their portfolio. The building is fully occupied, so please do not disturb the tenants.

24470475

MLS ID

December 8, 2024

Listed

February 26, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

10


Total Bathrooms

9


Fireplace

No


Cooling

No


Cooling Description

None


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.2 Acres

Other Property Details

Area Name

RES - Reseda


Days on Market

79


Garage

No


Parking

Assigned


Parking Total

9


View

No


County

Los Angeles


Pool

No


Zoning

LAR3

Listing History

Date

Event

Price

2/26/2025

Price change

$1,650,000

-11%

2/3/2025

Price change

$1,850,000

-6%

Listing Contact: 818-366-3300 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/26/2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/26/2025 at 10:39 AM UTC

 

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