7260 Canby Ave 6, Reseda CA 91335

$1,425,000

7260 Canby Ave 6, Reseda, CA 91335

bedrooms

bathrooms

square feet

5,108

Acreage

0.1837

Open Houses

year built

1954

Full Baths

Half Baths

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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***

Location
Subdivision	-
County	Los Angeles
Elementary School	-
Middle School	-
High School	-

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Open houses

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MLS number: 25506453

Listing agent: Kelly Morgan

Listing broker: Keller Williams Santa Monica (310) 482-2200

Last update: Wednesday, March 5 2025 at 11:29 a.m. EST

Kotohomes National