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Real Estate Listing at 7515 Canby Avenue, Reseda, CA, 91335 from The Knight Group LA

7515 Canby Avenue, Reseda, CA, 91335

The Knight Group LA
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$2,099,500
25 Days On Site

7515 Canby Avenue
Reseda, CA 91335

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
7,450
SqFt
$282
/SqFt
1960
Built
County:
Los Angeles
Listed by Jesse Perez of Pinnacle Estate Properties jesse@jesseperezgroup.com
Call Now: 503.200.4823
Is this the home for you? We can help make it yours.
503.200.4823
7515 Canby Avenue7515 Canby Avenue7515 Canby Avenue7515 Canby Avenue
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Monthly Payment (Est.)

$9,579
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Introducing Crown Canby! A well-maintained 10-unit apartment complex, perfect for investors seeking a stable asset with upside potential. This property has been well cared for over the years, featuring newer exterior paint and dual-pane windows that enhance both curb appeal and energy efficiency, copper plumbing.Several units have been thoughtfully remodeled, showcasing modern kitchens, updated bathrooms, new flooring, recessed lighting, and newer appliances, offering a comfortable and updated living environment that appeals to quality tenants.The unit mix includes 4 spacious 2-bedroom, 1-bath units and 6 well-appointed 1-bedroom, 1-bath units, making it an ideal blend for a variety of renters. Each unit is individually metered for electricity and gas, providing ease of management and the opportunity to minimize owner expenses.The property sits on a 10,025 sq. ft. lot with alley access and offers a total of 10 parking spaces — 5 surface spaces and 5 covered spaces — a valuable amenity in this market.This is a turnkey investment with solid in-place income, while still offering upside potential through continued unit upgrades and rental increases. Whether you're a seasoned investor looking to add to your portfolio or seeking a strong start in multifamily investing, this apartment complex is a great opportunity.Located in Reseda, CA, a city with one of the lowest vacancy rates in all of Los Angeles County, the property benefits the owner with a strong rental market that has experienced steady growth in recent years. Some of the current rents are well bellow market values, leaving owner with favorable upside in returns.

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Listing Snapshot
Price 
$2,099,500
Days On Site 
25 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,450 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2301 Acres
Year Built 
1960
MLS® Number 
SR25049963
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.2301
Additional Property Use 
CommercialMulti-Family
Carport 
5
Number Of Stories 
2
Parking Spaces 
10
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
7450
Water Source 
Public
Interior Features
Cooling 
Wall/Window Unit(s)
Laundry Features 
Common Area
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Community Features
MLS Area 
RES - Reseda
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This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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