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$1,950,000

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • Updated 8 days ago
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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.

Full Property Details for 7460 Canby Ave

General

  • Price: $1,950,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 24-470475
  • Updated: 12/13/2024
  • Added to Site: 14 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 9

Bedrooms

  • Total Bedrooms: 10

Additional Information

  • Other Features: None

Parking

  • Garage Description: Assigned

Location

  • Area: Reseda
  • County: Los Angeles
  • Driving Directions: Major Cross Streets are Saticoy and Reseda Blvd

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 7,021
  • Sq. Ft. Source: Title Company
  • Year Built: 1963
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 9
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1954
  • Lot Size: 8510
  • Lot Size Source: Estimated
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $277.74
  • Assessment Year: 1963

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 2119-016-027

Listed by RE/MAX One, Chase Simonton

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Listing agent

— 7460 Canby Ave —

  • Chase Simonton

    RE/MAX One

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7460 Canby Ave

School District:Los Angeles Unified School District
RatingNameGradesDistance
6
Garden Grove Elementary School, Reseda, CA
18141 Valerio St, Reseda, CA 91335
K-50.3 mi
4
Northridge Middle School
17960 Chase St, Northridge, CA 91325
6-81.3 mi
6
Reseda Charter High School
18230 Kittridge St, Reseda, CA 91335
9-121.2 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7460 Canby Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/08/2024
Listed
$1,950,000
113.11%
MLS
9/30/2004
Sold
$915,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7460 Canby Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,070
5%
$1,228,571
2%
2022
$15,361
1%
$1,204,482
2%
2021
$15,147
-1%
$1,180,866
1%
2020
$15,299
4%
$1,168,758
2%
2019
$14,728
1%
$1,145,842
2%
2018
$14,542
2%
$1,123,376
2%
2017
$14,196
3%
$1,101,350
2%
2016
$13,821
1%
$1,079,756
2%
2015
$13,629
-1%
$1,063,538
2%
2014
$13,726
—
$1,042,706
—
2013
$13,716
—
$1,037,994
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 7460 Canby Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX One, Chase Simonton

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Listed by Luke Woodward (CalRE#: 01925638)

7460 Canby Ave, Reseda, CA 91335 (MLS# 24-470475) is a Multi-Family property with units containing 10 bedrooms and 0 full bathrooms. 7460 Canby Ave is currently listed for $1,950,000 and was received on December 08, 2024. Want to learn more about 7460 Canby Ave? Do you have questions about finding other Multi-Family real estate for sale in Reseda? You can browse all Reseda real estate or contact a Coldwell Banker agent to request more information.

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