$1,425,000
7260 Canby Avenue
Reseda, CA, 91335
Value-Add 6-Unit Multifamily with ADU Potential in Prime Reseda, CA. An excellent investment opportunity with immediate income and strong upside potential! This 6-unit apartment building in the heart of Reseda offers a 4.75% cap rate with plans ready to issue for two ADUs, boosting the projected cap rate to 7.08%. Property Highlights: Upgraded features Newer roof, copper plumbing, modern flooring, and updated windows. ADU potential RTI plans for 2 additional units, maximizing future rental income. Exceptional value Just $228,125 per unit and $272 per square foot post-ADU. Strong post-ADU cash flow 7.60% pre-tax return after additions. Prime location Walk Score of 86, near shopping, dining, CSUN & transit (Metro Local 240 & DASH Northridge)***Contact us today for details***
Property Details
Price:
$1,425,000
MLS #:
25506453
Status:
Active
Baths:
0
Address:
7260 Canby Avenue
Type:
Residential Income
Neighborhood:
resreseda
City:
Reseda
Listed Date:
Mar 4, 2025
State:
CA
ZIP:
91335
Lot Size:
8,003 sqft / 0.18 acres (approx)
Year Built:
1954
Schools
Interior
Exterior
Parking Features
Detached Carport
Parking Spots
13.00
Financial
Mortgage Calculator
Map
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Courtesy of Houze Real Estate Management. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Houzerz Real Estate and Loans include the name of the listing broker. Neither the listing company nor Houzerz Real Estate and Loans shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 7260 Canby Avenue
Reseda, CA
