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$1,250,000
Est. payment /mo
5 Beds
7 Baths
5,048 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,048 sqft
Price per Sqft $247
MLS Listing ID 26654413
Bedrooms 5
HOA Y/N No
Year Built 1926
Lot Size 8,006 Sqft
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 Res - Reseda
Zoning LAC2
Interior
Interior Features Ceiling Fan(s)
Heating Combination, Central
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Driveway, Gated, Uncovered
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2119021039
Special Listing Condition Standard
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Listed by David Lukan Compass #01873011
Nearby School & Business
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