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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.
Last Updated | 12/13/2024 | Year Built | 1963 |
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Community | Reseda | County | Los Angeles |
Additional Details
AIR | None |
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AREA | Reseda |
GARAGE | Assigned |
HEAT | None |
LOT | 8510 sq ft |
PARKING | Assigned |
STORIES | 2 |
ZONING | LAR3 |
Location
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