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
See this Listing
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Schools
Interior
Cooling
None
Heating
None
Exterior
Parking Features
Assigned
Parking Spots
9.00
Stories Total
2
Financial
Map
Community
- Address7460 Canby Avenue Reseda CA
- AreaRES – Reseda
- CityReseda
- CountyLos Angeles
- Zip Code91335
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Courtesy of RE/MAX One. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
7460 Canby Avenue
Reseda, CA
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