7460 Canby Avenue

Reseda, CA 91335

$1,950,000

List Price

10

bed Beds

9

shower Baths

7,021 sqft

straighten / sqft

1963

calendar_month Built

Property Description

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.

Listing Information

List Price $1,950,000
Status Active
MLS 24470475
Type Residential Income
Year Built 1963
Lot Size 8,510
Structure Size 7,021
DOM 8
Courtesy Of RE/MAX One
Listing Agent Chase Simonton DRE#01766871

Interior Features

Total Bedroom
Bedrooms 10
Total Bathroom
Bathrooms 9
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Chase Simonton, RE/MAX One 310-383-5927. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 16th, 2024 at 3:13 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.