7260 Canby Avenue
Reseda, CA, 91335
$1,425,000
Beds
0 Baths
SqFt
0.18 Acres
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Value-Add 6-Unit Multifamily with ADU Potential in Prime Reseda, CA. An excellent investment opportunity with immediate income and strong upside potential! This 6-unit apartment building in the heart of Reseda offers a 4.75% cap rate with plans ready to issue for two ADUs, boosting the projected cap rate to 7.08%. Property Highlights: Upgraded features Newer roof, copper plumbing, modern flooring, and updated windows. ADU potential RTI plans for 2 additional units, maximizing future rental income. Exceptional value Just $228,125 per unit and $272 per square foot post-ADU. Strong post-ADU cash flow 7.60% pre-tax return after additions. Prime location Walk Score of 86, near shopping, dining, CSUN & transit (Metro Local 240 & DASH Northridge)***Contact us today for details***

Property Details

Price:
$1,425,000
MLS #:
25506453
Status:
Active
Baths:
0
Address:
7260 Canby Avenue
Type:
Residential Income
Neighborhood:
resreseda
City:
Reseda
Listed Date:
Mar 4, 2025
State:
CA
ZIP:
91335
Lot Size:
8,003 sqft / 0.18 acres (approx)
Year Built:
1954
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Parking Features
Detached Carport
Parking Spots
13.00
Stories Total
2

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7260 Canby Avenue
Reseda, CA