7304 Canby Ave , Reseda, CA 91335
$1,250,000
Est. Payment: $6,289.80/mo
6 Bed
7 Bath
5048 Sqft
Status: active | Days on site: 112
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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***

Highlights

Listed by David Lukan , 213-700-6515 and Chao Zhu , 818-284-7560 Compass , 323-593-6999. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.18

Year Built

1926

County

Los Angeles

Area

RES - Reseda

Listing ID

26654413

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:7
  • Full Bathrooms:0
Appliances:Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Other:Ceiling Fan(s)

Exterior Features

Lot:No Land Lease
Garage Capacity:5
Zoning:LAC2
Others:2+ Total Units
Parking Features:Driveway,Gated,Uncovered
Principal Interest
$6,290
Taxes
$797

Home Price

$1,250,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,289.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,289.80 $796.88 $0.00 $7,086.68
Yearly $75,477.63 $9,562.50 $0.00 $85,040.13
Total $2,264,328.86 $286,875.00 $0.00 $2,551,203.86

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Reseda, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T22:36:24.000Z

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