Listing provided courtesy of Kelly Morgan of KW Advisors. Last updated 2025-04-27 08:11:52.000000. Listing information © 2024 Sandicor.
Asking Price: $1,425,000 |
7260 Canby, Reseda CA 91335
Community: RES - Reseda
This property was built in 1954 and is priced at $1,425,000. Please see the additional details below.
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***
