7454 Canby Ave - Apartments FOR SALE


Reseda, CA 91335
$1,795,000 USD
818-381-6601
7454 Canby Ave, Reseda, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/16
null | 5.29% Cap Rate

7454 Canby Ave
Reseda, CA 91335


HIGHLIGHTS

  • High Demand Rental Location
  • Short Distance To CA-101 & I-405 Freeways
  • Short Distance To California State University Northridge
  • Individually Metered For Gas & Electric
  • On-Site Parking & Laundry
  • Nearby Shopping/Transit

OVERVIEW

7454 Canby Avenue presents a well-located 9-unit multifamily investment opportunity in the heart of Reseda. Positioned in a consistently high-demand rental market within the San Fernando Valley, this property offers a diverse unit mix and desirable amenities that support strong tenant demand and long-term stability. The property features an attractive unit mix of one single unit, five 1-bedroom/1-bath units, and three 2-bedroom/1-bath units, appealing to a broad renter demographic including students, professionals, and families. Residents benefit from on-site parking and on-site laundry, while individual gas and electric meters help reduce operating expenses and enhance overall efficiency for ownership. Conveniently located near major retail, dining, and transit options, the property is just minutes from the Northridge Fashion Center, California State University Northridge, and Van Nuys Airport. With quick access to the CA-101 and I-405 freeways, the location provides seamless connectivity throughout the San Fernando Valley and greater Los Angeles area. With its strong location, functional unit mix, and essential amenities, 7454 Canby Avenue offers investors a compelling opportunity to acquire a stabilized multifamily asset in a proven rental corridor with long-term upside potential. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$265 USD /SF

# OF UNITS

9

PRICE/UNIT

$199,444

CAP RATE

5.29%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,533 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

2119-016-022

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

James AntonucciAPLA GROUPMore Info
818-381-6601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.