7260 Canby Avenue

Reseda, CA 91335

$1,250,000
Price
10
Beds
6
Baths
5,108 Sq. Ft.
$245 / Sq. Ft.
5,108
Sq. Ft.
$245
per Sq. Ft.

Description

7260 Canby Avenue is a 6-unit, apartment building located in Reseda, CA. Built in 1954, the property consists of two one-bedroom, one-bathroom and four two-bedroom, one- bathroom units. Recent improvements include a new pitched-roof, copper plumbing, and new windows. Additionally, all units have been upgraded with new flooring. Located in the heart of the San Fernando Valley, the property is situated just off Reseda Boulevard and Sherman Way providing proximity to shopping, restaurants, coffee shops,...7260 Canby Avenue is a 6-unit, apartment building located in Reseda, CA. Built in 1954, the property consists of two one-bedroom, one-bathroom and four two-bedroom, one- bathroom units. Recent improvements include a new pitched-roof, copper plumbing, and new windows. Additionally, all units have been upgraded with new flooring. Located in the heart of the San Fernando Valley, the property is situated just off Reseda Boulevard and Sherman Way providing proximity to shopping, restaurants, coffee shops, and entertainment. Additionally, the building is near Dignity Health Northridge Hospital Media Center which employs over 1,600 professionals.

Property Details for 7260 Canby Avenue

Zoning
LAR2
Parcel Number
2119021017
Total Units
6.0
Living Area
5108
Source Living Area
Other
Area
Reseda Ranch (RESR)
Vacancy Rate
-3%
Lot Size Area
8003

Location

Listing Courtesy of Matthews Real Estate Investment Services, Daniel Withers, DRE #01325901
Add your commute
LISTING UPDATED: 05/03/2024 02:28 PM

Property Details for 7260 Canby Avenue

StatusActive
MLS #24-387885
Days on Market34
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.18 AC / 8,003 SF
CountyLos Angeles County

Location

Listing Courtesy of Matthews Real Estate Investment Services, Daniel Withers, DRE #01325901
Add your commute

Building Information for 7260 Canby Avenue

Stories-Residences-Year Built1954Building Size-Lot Size0.18 AC / 8,003 SF

Payment Calculator

$7,880 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$1,058

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7260 Canby Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $103,940
  • Net Operating Income: $58,963.00
  • Gross Income: $107,154
  • Cap Rate: 4.72%
  • Gross Rent Multiplier: $11.67
  • Total Annual Expense: 44976
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1837
  • Lot Size Square Feet: 8003
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 6
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-03-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,604.00
  • Unit Actual Rent: $3,208.00
  • Unit Projected Rent: $3,208.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,430.00
  • Unit Actual Rent: $5,721.00
  • Unit Projected Rent: $5,721.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $392,549.00
  • Assessed Improvement Percent: 40.83
  • Assessed Land Value: $568,913.00
  • Assessed Land Percent: 59.17
  • Assessed Total Value: $961,462.00

Property History for 7260 Canby Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7260 Canby Avenue

Taxable ValueLand$568,913Additions$392,549Total$961,462
Tax Record2023$12,693 ($1,058 / month)
Home Facts
Total Finished SqFt5,108 SqFtAbove Grade Finished SqFt5,108 SqFtLot Size8,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningLAR2CountyLOS ANGELESAPN2119-021-017

Schools near 7260 Canby Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 6 to 12
Public - 9 to 12
Rating
School
Distance
Garden Grove Elementary School
PublicK to 5

Northridge Middle School
Public6 to 8

Reseda Senior High School
Charter6 to 12

John R. Wooden High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7260 Canby Avenue is a multi-family home for sale in Reseda, CA 91335. This property was listed for sale on April 16, 2024 by Matthews Real Estate Investment Services, it's currently listed at $1,250,000. It has been on the market for a total of 34 days and was last sold on October 13, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Garden Grove Elementary School, Northridge Middle School and Reseda Senior High School. 7260 Canby Avenue is a 10-bed, 6-bath, 5,108 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Matthews Real Estate Investment Services, Daniel Withers, DRE #01325901

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.