Reseda, CA 91335 7260 Canby Avenue
$1,425,000
5 more
Presented By: Kelly Morgan with KW Advisors;
- MLS# 25506453
- 03/04/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 10
Baths • 6
SQFT • 5,108
Garage • 1
Home Details
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***
Presented By: Kelly Morgan with KW Advisors;
Interior Features for 7260 Canby Avenue
Bedrooms
Total Bedrooms10
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2
General for 7260 Canby Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.75
Carport Y/NYes
CityReseda
CountyLos Angeles
DirectionsNorth of Sherman Way, just south of the corner of Wyandotte St & Canby Ave, South of Valerio St, East of Reseda Blvd, West of Etiwnada Ave
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income121373.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet8003.0
Lot Size UnitsSquareFeet
MLS AreaRES - Reseda
MobileHomeRemainsYNNo
Net Operating Income67695.0
New ConstructionNo
Number Of Units Total6
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1954
Year Built SourceAssessor
ZoningLAR2
Exterior for 7260 Canby Avenue
Building Area Total5108.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1837
Lot Size Area8003.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDetachedCarport
Private PoolNo
SpaNo
Total Parking13.0
Additional Details
Price History
Hal Schlegel
Broker Associate