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7454 Canby Ave 9 Unit Apartment Building $2,485,016 CAD ($276,113 CAD/Unit) 5.29% Cap Rate Reseda, CA 91335

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INVESTMENT HIGHLIGHTS

  • High Demand Rental Location
  • Short Distance To California State University Northridge
  • On-Site Parking & Laundry
  • Short Distance To CA-101 & I-405 Freeways
  • Individually Metered For Gas & Electric
  • Nearby Shopping/Transit

EXECUTIVE SUMMARY

7454 Canby Avenue presents a well-located 9-unit multifamily investment opportunity in the heart of Reseda. Positioned in a consistently high-demand rental market within the San Fernando Valley, this property offers a diverse unit mix and desirable amenities that support strong tenant demand and long-term stability.
The property features an attractive unit mix of one single unit, five 1-bedroom/1-bath units, and three 2-bedroom/1-bath units, appealing to a broad renter demographic including students, professionals, and families. Residents benefit from on-site parking and on-site laundry, while individual gas and electric meters help reduce operating expenses and enhance overall efficiency for ownership.
Conveniently located near major retail, dining, and transit options, the property is just minutes from the Northridge Fashion Center, California State University Northridge, and Van Nuys Airport. With quick access to the CA-101 and I-405 freeways, the location provides seamless connectivity throughout the San Fernando Valley and greater Los Angeles area.
With its strong location, functional unit mix, and essential amenities, 7454 Canby Avenue offers investors a compelling opportunity to acquire a stabilized multifamily asset in a proven rental corridor with long-term upside potential.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

PROPERTY FACTS

Price $2,485,016 CAD
Price Per Unit $276,113 CAD
Sale Type Investment
Cap Rate 5.29%
Gross Rent Multiplier 11.35
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 6,784 SF
No. Stories 2
Year Built 1962
Parking Ratio 0.78/1,000 SF
Zoning R3-1, Los Angeles

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Storage Space

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - -
1+1 5 - -
2+1 3 - -
Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2119-016-022
Land Assessment
$208,593 CAD
Improvements Assessment
$594,522 CAD
Total Assessment
$803,116 CAD
  • Listing ID: 39165506

  • Date on Market: 2026-01-21

  • Last Updated:

  • Address: 7454 Canby Ave, Reseda, CA 91335

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