7260 Canby Avenue
Reseda, CA 91335
- – beds
- – baths
- – sqft
- 8,003 sqft lot
- 1954 build
- – on site
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***
Last checked:
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Last updated Mar 12, 2025
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MLS# 25506453 —
The Building
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Year Built:1954
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:5108.00
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Total Number Of Units:6
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:North 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
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Latitude:34.20282200
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Longitude:-118.53439600
The Property
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Property Type:Residential Income
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Zoning:LAR2
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Lot Size Area:8003.0000
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Lot Size Acres:0.1837
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Lot Size SqFt:8003.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2119021017
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Detached Carport
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Parking Spaces:13.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/4/25
Mar 4, 2025
|
Listed / Active | CRMLS_CA | $1,425,000 | 23.9% |
|
7/17/24
Jul 17, 2024
|
CRMLS_CA | $1,150,000 | -8.0% | |
|
6/12/24
Jun 12, 2024
|
CRMLS_CA | $1,250,000 |
