7460 Canby Avenue
Reseda, CA, 91335
$1,950,000
Beds
0 Baths
SqFt
0.2 Acres
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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.

Property Details

Price:
$1,950,000
MLS #:
24470475
Status:
Active
Baths:
0
Address:
7460 Canby Avenue
Type:
Residential Income
Neighborhood:
resreseda
City:
Reseda
Listed Date:
Dec 8, 2024
State:
CA
ZIP:
91335
Lot Size:
8,510 sqft / 0.20 acres (approx)
Year Built:
1963
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Parking Spots
9.00
Stories Total
2

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