7304 Canby Ave, Reseda, CA 91335
7304 Canby Ave, Reseda, CA 91335
7304 Canby Ave, Reseda, CA 91335
35
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$1,250,000
Est. payment /mo
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5 Beds
7 Baths
5,048 SqFt
Price Dropped by $149K

7304 Canby Ave Reseda, CA 91335

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Roddy de la Garza

Roddy de la Garza

+1(323) 696-5375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,048 sqft

Price per Sqft $247

MLS Listing ID 26654413

Bedrooms 5

Year Built 1926

Lot Size 8,005 Sqft

Acres 0.1838

Property Sub-Type Multi-Family

Property 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 bathwell suited for a variety of professional or creative uses. Above it sits a bright and spacious 1,550 sq. ft. residential owner's 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.Three units are currently occupied, with tenants on month-to-month commercial leases and a strong payment history. The property offers parking for six 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***

Location

State CA

County Los Angeles

Area Reseda

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating Central, Combination

Cooling Air Conditioning

Equipment Built-Ins, Ceiling Fan, Dishwasher, Dryer, Microwave, Garbage Disposal, Range/Oven, Refrigerator, Washer

Exterior

Parking Features Driveway, Gated, Uncovered

Garage Spaces 5.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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7304 Canby Ave