Property listed by RE/MAX One, Chase Simonton 818-366-3300
$1,850,000
7460 Canby Ave. is an incredible investment property located in the fense rental market of Reseda. Offering 9 units and asking only $1,850,000, 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,… Read More 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. Read Less
Listing Snapshot
Days Online
57
Last Updated
Property Type
Other
Beds
10
Square Ft.
7,021
Lot Size
0.2 Acres
Year Built
1963
MLS Number
24470475
30 Days Snapshot Of 91335
$802k
-5%
(avg) sold price
9
-67%
homes sold
100
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1963, Building area total: 7,021, Levels: Two, Living area: 7021, 2 stories, 1 building
Cooling
None
Heating
None
Income
Gross income: $163,992, Net operating income: $101,747
Lot
0.1954 acres, 8,510 square feet, Size: 8,510
Parking
9 totals parking, Assigned
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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