$1,425,000
For Sale

7260 Canby Avenue #6

Reseda, CA 91335
5108 sqft | 10 beds | 0.18 acres | #25506453
Listing OfficeKW Advisors
Browse 10 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Value-Add 6-Unit Multifamily with ADU Potential in Prime Reseda, CA. An excellent investment opportunity with immediate income and strong upside potential! This 6-unit apartment building in the heart of Reseda offers a 4.75% cap rate with plans ready to issue for two ADUs, boosting the projected cap rate to 7.08%. Property Highlights: Upgraded features Newer roof, copper plumbing, modern flooring, and updated windows. ADU potential RTI plans for 2 additional units, maximizing future rental income. Exceptional value Just $228,125 per unit and $272 per square foot post-ADU. Strong post-ADU cash flow 7.60% pre-tax return after additions. Prime location Walk Score of 86, near shopping, dining, CSUN & transit (Metro Local 240 & DASH Northridge)***Contact us today for details***

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,425,000
      • MLS #25506453
      • MLS #25506453
      • Cost1425000
      • Acres0.1837
      • Square Feet5108
      • Year Built1954
      • Bedrooms10
      • Stories2

Location

Gary ElminoufiReal Estate Group
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