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$1,950,000
Est. payment /mo
10 Beds
9 Baths
7,021 SqFt
UPDATED:
12/16/2024 03:13 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,021 sqft
Price per Sqft $277
MLS Listing ID 24470475
Bedrooms 10
HOA Y/N No
Year Built 1963
Lot Size 8,511 Sqft
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.
Location
State CA
County Los Angeles
Area Res - Reseda
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Assigned
Total Parking Spaces 9
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2119016027
Special Listing Condition Standard
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Listed by Chase Simonton • RE/MAX One