7304 Canby Avenue
Reseda, CA, 91335 $ 1,399,000
Baths0.0 Sq 5,048 Monthly Estimate*
$ 8,614
Studio for $1,399,000. This 5,048 square foot home was built in 1926 on a lot size of 0.18.
***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***
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FeaturesGeneralLiving Area 5048.0
Heating Central Combination
Zoning LAC2
Year Built 1926
Levels Two
County Los Angeles
Net Operating Income 104618.38
New Construction No
Property Type C
HOA No
Status Active
City Reseda
Senior Community Y/N No
MLS Area RES - Reseda
Lot Size Units Square Feet
Lot Size Square Feet 8005.0
Standard Status Active
Year Built Source Assessor
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InteriorInterior Amenities Ceiling Fan(s)
Kitchen Appliances Disposal Dishwasher Refrigerator Microwave
Total Stories 2
Heating Y/N Yes
Laundry Features Washer Included Dryer Included
Total Baths 0
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ExteriorParking Features Uncovered Driveway
Lot Size Area 8005.0
Pool Y/N? Yes
Building Area Total 5048.0
Lot Size Acres 0.18
Land Lease Type Fee
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $8,614
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Reseda, CA
Average List Price $2,624,433
Percent of Sale Price 88%
About Reseda, CA 74,436 Population
10% Since 2002
$ 52,598 Median Income
37.59 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/20/2026 | $1,399,000 | | Listed Price |