7460 Canby Avenue
$1,950,000
10
9
7,021
7,021
$278
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...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.
- Listed by Chase Simonton • DRE #01766871 • Brokerage DRE #00590104 • RE/MAX One
Property Details for 7460 Canby Avenue
Zoning
LAR3
Parcel Number2119016027
Total Units9.0
Living Area7021
Source Living AreaTitle Company
AreaReseda Ranch (RESR)
Vacancy Rate1
Lot Size Area8510
LISTING UPDATED: 12/16/2024 12:01 AM
Property Details for 7460 Canby Avenue
Status | Active |
---|---|
MLS # | 24-470475 |
Days on Market | 22 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.20 AC / 8,510 SF |
County | Los Angeles County |
Building Information for 7460 Canby Avenue
Stories2Residences-Year Built1963Building Size-Lot Size0.20 AC / 8,510 SF
Property Information for 7460 Canby Avenue
Property History for 7460 Canby Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7460 Canby Avenue
Taxable ValueLand$375,802Additions$877,339Total$1,253,141
Tax Record2024$16,368 ($1,364 / month)
Home Facts
Total Finished SqFt7,021 SqFtAbove Grade Finished SqFt7,021 SqFtLot Size8,508 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN2119-016-027
Schools near 7460 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 - | 9 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 Charter9 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.