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$ 1,650,000
Est. payment | /mo
7,021 SqFt
$ 1,650,000
Est. payment | /mo
7,021 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 7,021 sqft
Price per Sqft $235
MLS Listing ID CL24470475
HOA Y/N No
Year Built 1963
Lot Size 8,510 Sqft
Acres 0.2
Property Sub-Type Other
Property Description
7460 Canby Ave. is an incredible investment property located in the fense rental market of Reseda. Offering 9 units and asking only $1,650,000, this makes it one of the lowest cost of entries of any apartment building. With substantially below market rents and asking 10 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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 2119016027
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Listed by Chase Simonton • RE/MAX One