7460 Canby AVE Active

Reseda,CA 91335

$ 1950000

10 Beds

9 Baths

7021 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,021 sqft

Price per Sqft $277

MLS Listing ID 24470475

Bedrooms 10

Year Built 1963

Lot Size 8,511 Sqft

Property Description

7460 Canby Ave. is an incredible investment property located in the fense rental market of Reseda. Offering 9 units and asking only $1,950,000, this makes it one of the lowest cost of entries of any apartment building. With substantially below market rents and asking under 12 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.

Location

State CA

County Los Angeles

Area Res - Reseda

Zoning LAR3

Interior

Heating None

Cooling None

Exterior

Parking Features Assigned

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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