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About This Home

This 5-bedroom, 7-bathroom residential multi family at 7304 Canby Ave in Reseda, CA is listed for $1,250,000 ($248 per sqft). Built in 1926, the home offers 5,048 sqft of living space on a 0.18 acres lot.

Agent 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 zoni

ng, 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***

Key Features

  • Built in 1926
  • 0.18 acre lot
  • 2 stories
  • 5 parking spaces

Property Details

2 stories
7 full
5 spaces
1926

Amenities

A/C

Monthly Cost Estimate

$6,685/mo

20% down · 6.5% · 30 years

Principal$904
Interest$5,417
Insurance$365

Estimates only. Actual payments may vary.

Location

7304 Canby Ave

Reseda, CA 91335

Property Details

Parking

GatedDrivewayCovered

Heating

Central

Questions & Answers

This 5-bedroom, 7-bathroom residential multi family at 7304 Canby Ave is listed at $1,250,000 ($248/sqft). The estimated monthly payment is $5,417 based on 20% down at 6.5% interest.

Key features include: Built in 1926, 0.18 acre lot, 2 stories, 5 parking spaces.

This property is listed by David Lukan and can be reached at 2137006515 or info@DavidLukan.com.

DL

David Lukan

Agent at Compass

(213) 700-6515

Listed by Compass · View on Broker Site

MLS# 26654413· Source: listhub· Updated 102 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7304 Canby Ave, Reseda, CA 91335

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