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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



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.
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 | Apartment Style | Low-Rise |
| Price Per Unit | $276,113 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 5.29% | Building Size | 6,784 SF |
| Gross Rent Multiplier | 11.35 | No. Stories | 2 |
| No. Units | 9 | Year Built | 1962 |
| Property Type | Multifamily | Parking Ratio | 0.78/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R3-1, Los Angeles | ||
| 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 | - | - |
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 2119-016-022 | Improvements Assessment | $594,522 CAD |
| Land Assessment | $208,593 CAD | Total Assessment | $803,116 CAD |
PROPERTY TAXES
Parcel Number
2119-016-022
Land Assessment
$208,593 CAD
Improvements Assessment
$594,522 CAD
Total Assessment
$803,116 CAD
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7454 Canby Ave
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