7304 Canby Avenue, Reseda, California 91335
  • $1,250,000
  • $1,399,000

Overview

Property ID: 26654413
  • Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 7
  • Bathrooms
  • 5048 Sqft
  • Area Size
  • 1926
  • Year Built

Description

***SELLER FINANCING AVAILABLE*** 7302-7304 Canby presents a rare, flexible mixed-use investment opportunity in the heart of Reseda’s commercial corridor. Situated on a generous lot and zoned C2, the property consists of five units offering an ideal blend of residential income and commercial functionality, with significant upside potential. At the rear of the property are two expansive 1, 550 sq. ft. units. One is currently configured as a commercial space featuring a large open workspace, two private offices, kitchen, and bath well suited for a variety of professional or creative uses. Above it sits a bright and spacious 1, 550 sq. ft. 3-bedroom, 3-bath residential unit, offering an open floor plan, multiple skylights, abundant windows, and natural light throughout. The modern kitchen is appointed with stainless steel appliances, granite countertops, and in-unit laundry. Additional highlights include laminate wood flooring, central HVAC, and generous closet space. The remaining residential units include three well-maintained 1-bedroom, 1-bath units ranging from 650750 sq. ft., each featuring functional kitchens, ample storage, and in-unit washer and dryer. All units are currently occupied, with tenants on month-to-month commercial leases and a strong payment history. The property offers parking for five or more vehicles (stacked), providing added convenience for both residential and commercial occupants. With C2 zoning, the asset offers exceptional development flexibility, allowing for multi-family, mixed-use, or a wide range of commercial applications (buyer to verify). Ideally located near established businesses, dining, shopping, and public transportation, this property is well positioned for long-term growth and income stability. Listed income details, including Cap Rate and GRM, are based on projected figures. ***SELLER FINANCING AVAILABLE***

  • Address: 7304 Canby Avenue
  • City: Reseda
  • State/county: CA
  • Zip/Postal Code: 91335
  • Country: US

Details

Updated on June 11, 2026 at 4:25 pm
  • Property ID 26654413
  • Price $1,250,000
  • Property Size 5048 Sqft
  • Land Area 0.1838 Acres
  • Bedrooms 6
  • Bathrooms 7
  • Year Built 1926
  • Property Type Residential Income
  • Property Status Active

Additional details

  • Heating Combination, Central
  • County Los Angeles
  • Property Type Residential Income
  • Parking Driveway, Gated, Uncovered

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