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***
For sale
$1,425,000
7260 Canby Ave, Reseda, CA 91335
10beds
6baths
5,108sqft
Est.:
Multi Family
Built in 1954
-- sqft lot
$1,405,300 Zestimate®
$279/sqft
$-- HOA
What's special
- 111 days
- on Zillow |
- 228 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 28, 2025 at 02:16am
Listed by:
Kelly Morgan DRE # 01898026 310-836-3638,
KW Advisors 310-482-2200
Source: CLAW,MLS#: 25506453
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Wall Electric
Cooling
- Window Unit(s)
Interior area
- Total structure area: 5,108
- Total interior livable area: 5,108 sqft
Property
Parking
- Total spaces: 13
- Parking features: Detached Carport
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,001.97 Square Feet
Details
- Additional structures: Other
- Zoning: LAR2
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1954
Community & HOA
Location
- Region: Reseda
Financial & listing details
- Price per square foot: $279/sqft
- Tax assessed value: $980,690
- Date on market: 3/4/2025
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