7302-7304 Canby is a versatile multi-use property designed to accommodate various needs.

Situated on a big lot, it comprises five mixed-use units. The two larger units, each measuring 1, 550 square feet, are located at the rear of the property. One is currently utilized as a commercial space, featuring a large open workspace, two offices, a kitchen and two bathrooms, making it suitable for a wide range of business uses. The remaining units are residential, consisting of three 1-bedroom, 1-bath units and one expansive 2-bedroom, 3-bath unit. The largest unit, ideal for owner occupancy, is above the commercal space and spans 1, 550 square feet. This bright and airy unit offers an open floor plan, multiple skylights and windows that flood the space with natural light. The modern kitchen is equipped with stainless steel appliances, granite countertops and a washer and dryer.

Additional features include laminate wood flooring, central HVAC and ample closet space. The three 1-bedroom units range in size from 650 to 750 square feet. Each includes a well-equipped kitchen, generous closet space and a washer and dryer. All units are currently occupied, with most tenants on a month-to-month basis. The commercial tenant operates under a NNN lease. All tenants have a proven track record and are current with their rents. The property offers parking for six or more cars (stacked), enhancing its convenience for both residential and commercial tenants. Zoned C2, this property offers extensive development opportunities, from multi-family and mixed-use developments to various commercial applications. Ideally located in a commercial corridor of Reseda, this property is cent ral to numerous businesses, dining options, shopping and public transportation. Don't miss out on this exceptional investment opportunity, perfectly positioned for growth and flexibility.

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on 7304 Canby Ave
in Reseda, CA
Presented by David Lukan at
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Property MLS #24-403927 from TheMLSCLAW

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+ Bedrooms

Bedrooms: 5

+ Bathrooms

Total Bathrooms: 8
Full Bathrooms: 8

+ Heating and Cooling

Cooling Features: Air Conditioning
Heating Features: Central, Combination

+ Land Info

Lot Size Acres: 0.1837695
Lot Size Source: Assessor
Lot Size Square Feet: 8005

+ Garage and Parking

Garage Description: Driveway, Gated, Uncovered
Parking Total: 6

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 2
Number of Units: 5
Unit Features: 1 BathsTotal: 2, 1 SquareFeet: 5000, 2 BedsTotal: 2, 2 BathsTotal: 3, 2 SquareFeet: 2750, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1500, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 1650, 5 BedsTotal: 1, 5 BathsTotal: 1, 5 SquareFeet: 1450

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Cap Rate: 8.15
Directions: google.com
Source Property Type: Residential Income
Area: Reseda
Source Neighborhood: Reseda
Parcel Number: 2119-021-039
Postal Code Plus 4: 3010
Zoning: LAC2
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-06-16
$1,399,000
TheMLSCLAW

+ Commercial Info

Net Operating Income: 114179

+ Building and Construction

Total Square Feet Living: 5048
Year Built: 1926
Levels: Two Level
Living Area Source: Owner
Property Age: 98
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Assessor

+ Home Features

Other Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Microwave, Garbage Disposal, Range/Oven, Refrigerator, Washer

+ Display Complete School Details

Garden Grove Elementary School is a public elementary school located approximately 0.4 miles away.
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Reseda Senior High School is a public middle and high school located approximately 0.9 miles away.
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AS YOU ARE PRESCHOOL is a private elementary school located approximately 0.3 miles away.
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Little Acorns Grow - Reseda is a private elementary school located approximately 0.3 miles away.
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