Listing provided courtesy of Compass- MLS# 26654413MLS Provider

7304 Canby AveReseda, CA 91335

Multi-Family · 6 Beds · 5,048 Sq. ft. | 0.18 Acres
$1,250,000 Active

7304 Canby Ave Overview

Time on Site:
129 days
Visits:
0

***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***

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7304 Canby Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,048
  • Price/Sq.ft. $248
  • Lot 0.18 Acres

Details

General

Income/Expenses

  • Gross Income: 117600
  • Net Operating Income: 88015.00

Building Information

  • Year Built: 1926

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Reseda

Tax Information

  • Tax Assessed Value: 636253

General Information

  • Disclosures: As Is, Other
  • Property Type: Residential Income
  • Zoning: LAC2

Interior

Beds/Baths

  • Bathrooms Total: 7.00
  • Bedrooms Total: 6

General Information

  • Cooling: Air Conditioning
  • Heating: Central, Combination
  • Levels: Two
  • Living Area: 5048
  • Living Area Source: Owner
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 5

Lot Information

  • Lot Size Acres: 0.1838
  • Lot Size Area: 8005
  • Lot Size Source: Assessor
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 5
  • Other Structures: None

7304 Canby Ave Neighborhood

Community

91335 (Reseda (los Angeles)) Demographics

38
Median Age
12,271
Population Density (per sq. mile)
35%
College Educated
$65,740
Estimated Median Income
12,011
Estimated Total Home Owners
12,570
Estimated Total Renters
49% / 51%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7304 Canby Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7304 Canby Ave Market Data

Based on the last 30 days in this zip code

$809,778
Average List Price
$526
Average Price per Square Foot
34
Properties Sold
61
Average Days on Market
317
Properties for Sale
Calculations provided by Reliance Network

7304 Canby Ave History

Date Event Value Agent
3/9/2026Source: CRMLS Price Reduction
$1,250,000 -10.7%
3/9/2026Source: TheMLS (CLAW) Price Reduction
$1,250,000 -10.7%
2/20/2026Source: CRMLS Added to Database
February 20, 2026
2/20/2026Source: TheMLS (CLAW) Added to Database
February 20, 2026
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