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Sold on 06/10/2024

7260 Canby Ave, Reseda, CA 91335

$1,300,078

Last sold 06/10/2024 for $1.15M

  • 10

    bed

  • 6

    bath

  • 5,108

    Sqft ($225/Sqft)

Multi-family not for sale
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About 7260 Canby Ave

Property type Multi-family
Neighborhood
Year built 1954
HOA fee $0/month
Lot size 8,003 Sqft
Movoto estimate
Property description
7260 Canby Avenue is a 6-unit, apartment building located in Reseda, CA. Built in 1954, the property consists of two one-bedroom, one-bathroom and four two-bedroom, one- bathroom units. Recent improvements include a new pitched-roof, copper plumbing, and new windows. Additionally, all units have been upgraded with new flooring. Located in the heart of the San Fernando Valley, the property is situated just off Reseda Boulevard and Sherman Way providing proximity to shopping, restaurants, coffee shops, and entertainment. Additionally, the building is near Dignity Health Northridge Hospital Media Center which employs over 1,600 professionals.
Listed by
Listing Agent - Daniel Withers
Listing Office - Matthews Real Estate Investment Services
Source: The MLS mls logo
MLS#24-387885 • last updated 2 years ago
Movoto checked The MLS for data 15 minutes ago
Overview
Levels/Style Two
MLS # 24-387885
Type Residential Income
Status Sold
SqFt 5108
Lot Size (SqFt) 8003
Lot Size (Acres) 0.1837
Year Built 1954
Interior
Total # of Baths 6
Total # of Bedrooms 10
Exterior
# Parking Spaces 6
Parking Desc Other
Add'l Structures Other
Amenities / Utilities
Equipment Other
Location
County Los Angeles
Zoning LAR2
APN 2119-021-017
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 3208
Unit 1: # Beds 1
Unit 1: Rent 1604
Unit 2: Rent 1430
Unit 2: Furnished No
Unit 2: Projected Rent 5721
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 5721
Unit Type 2106, 2107
Unit 1: Actual Rent 3208
Total # Of Buildings 1
Net Operating Income 58963
Cap Rate 4.72
Vacancy Rate -3%
Gross Income 107154
Gross Operating Income 103940
Gross Rent Multiplier 11.67
Total Annual Expenses 44976
$1.3M
Range: $1.17M-$1.43M
Last 30 days 
  • Mar 2025
    mls logo MLS # 25506453
  • Mar 4, 2025 Listed
    $1,425,000 (+23.9%)
  • Jul 2024
    Public Records
  • Jul 18, 2024 Sold
    $1,150,000
  • Jul 2024
    mls logo MLS # 24-387885
  • Jul 17, 2024 Sold
    $1,150,000 (-8.0%)
  • Jun 10, 2024 Pending
    —
  • Jun 10, 2024 Active
    —
  • Apr 16, 2024 Listed
    $1,250,000 (-9.7%)
  • Jul 2019
    mls logo MLS # 19487444
  • Jul 11, 2019 Listed
    $1,385,000 (+6.5%)
  • Aug 2018
    mls logo MLS # 18376908
  • Aug 17, 2018 Listed
    $1,300,000 (+53.9%)
  • Nov 2015
    mls logo MLS # SR15138969
  • Nov 4, 2015 Sold
    $844,500
  • Jun 26, 2015 Listed
    $844,500
  • Oct 2015
    Public Records
  • Oct 22, 2015 Sold
    $845,000
  • Year Property taxes Tax assessment
  • 2024
    $12,927 +1.8%
    $980,690 +2.0%
  • 2023
    $12,693 +4.6%
    $961,462
  • 2022
    $12,138 +1.4%
    $961,462 +4.04%
  • 2021
    $11,974 -0.9%
    $924,128
  • 2020
    $12,084
    $924,128
  • 7260 Canby Ave
    $1.15M
  • Reseda
    $777K -2% y/y
  • 91335
    $774K 0% y/y
  • Reseda
    $774K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Northridge Middle School
public Grades 6-8
Los Angeles Unified School District
5/10
Reseda Senior High School
charter Grades 9-12
Los Angeles Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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