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.
7,021 Sq Ft
0.1954 Private Acres Exterior Space
Investment
Built in 1963
MLS/Listing ID 24-470475
2 Stories
9 Units
Listing Courtesy of RE/MAX ONE, CHASE SIMONTON - 310-383-5927
Source of Data: THE MLS