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$1,399,000
New Listing

7304 Canby Avenue
Reseda, CA 91335

For Sale|Residential Income|Active
5
Beds
7
Total Baths
5,048
SqFt
$277
/SqFt
1926
Built
County:
Los Angeles
Listed by David Lukan of Compass [email protected]
7304 Canby Avenue7304 Canby Avenue7304 Canby Avenue7304 Canby Avenue
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Monthly Payment (Est.)

$6,383
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***SELLER FINANCING AVAILABLE*** 7302-7304 Canby presents a rare, flexible mixed-use investment opportunity in the heart of Reseda's commercial corridor. Situated on a generous lot and zoned C2, the property consists of five units offering an ideal blend of residential income and commercial functionality, with significant upside potential.At the rear of the property are two expansive 1,550 sq. ft. units. One is currently configured as a commercial space featuring a large open workspace, two private offices, kitchen, and bathwell suited for a variety of professional or creative uses. Above it sits a bright and spacious 1,550 sq. ft. residential owner's unit, offering an open floor plan, multiple skylights, abundant windows, and natural light throughout. The modern kitchen is appointed with stainless steel appliances, granite countertops, and in-unit laundry. Additional highlights include laminate wood flooring, central HVAC, and generous closet space.The remaining residential units include three well-maintained 1-bedroom, 1-bath units ranging from 650750 sq. ft., each featuring functional kitchens, ample storage, and in-unit washer and dryer.Three units are currently occupied, with tenants on month-to-month commercial leases and a strong payment history. The property offers parking for six or more vehicles (stacked), providing added convenience for both residential and commercial occupants.With C2 zoning, the asset offers exceptional development flexibility, allowing for multi-family, mixed-use, or a wide range of commercial applications (buyer to verify). Ideally located near established businesses, dining, shopping, and public transportation, this property is well positioned for long-term growth and income stability.Listed income details, including Cap Rate and GRM, are based on projected figures. ***SELLER FINANCING AVAILABLE***

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Listing Snapshot
Price 
$1,399,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
5,048 sqft
Total Baths 
7
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1838 Acres
Year Built 
1926
MLS® Number 
26654413
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
12 hours agoListing updated with changes from the MLS®
23 hours agoListing first seen on site
General Features
Acres 
0.1838
Levels 
Two
Number Of Stories 
2
Parking 
DrivewayGated
Parking Spaces 
5
Special Circumstances 
Standard
SqFt Total 
5048
Zoning 
LAC2
Interior Features
Appliances 
DishwasherDisposalMicrowaveRefrigeratorDryerWasher
Heating 
Central
Interior 
Ceiling Fan(s)
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Community Features
MLS Area 
RES - Reseda


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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