NOT LISTED FOR SALE

7508 Canby Ave Reseda, CA 91335

10 Beds
8 Baths
5,530 Sq Ft
8,195 Sq Ft Lot

Last Sold May 08, 2023

Last sale price $1,550,000 $280 Per Sq Ft

124 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Traditional Architecture
  • Double Pane Windows
  • Living Room

About This Home

As of May 2023

Welcome to 7508 Canby Ave. Reseda, Ca. The property was built in 1959 and has 5530 Square feet and consists of 2 two bedroom 1 bath units and 6 one bedroom one bath units. Generous lot size with 8,195 sq ft. Situated in a growing Reseda location, this investment offering allows for the opportunity to capitalize on the existing rents and own a highly desirable property in a high demand rental market. The property is centrally located in the SFV with close access to the 405, 101 and the 23 Freeways, Burbank and downtown Los Angeles. New energy efficient windows have been installed recently throughout the building. Property is separately metered for gas and electricity. Long term tenants who are all current on their rental payments. There are six covered carports and two spaces for parking. Convenient laundry room onsite.

Last Agent to Sell the Property

Mike Cosgrove

Keller Williams Luxury License #00696438 Listed on: 10/03/2022

Keller Williams Luxury

Last Buyer's Agent

Jeannette Kehela

Century 21 Peak License #00606839

Century 21 Peak

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 8,195 Sq Ft Lot
  • Lot Dimensions are 63x130
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Apartment
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 5,530 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Living Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 8 Parking Spaces
  • 6 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for water
  • Tax Lot 5
  • Tax Tract Number 20666
  • Assessor Parcel Number 2119015024
  • $1,175 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Gross Income $84,268

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 237375
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2119015024
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 280.29
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Outside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 6500-9999, Rectangular Lot, Near Public Transit
  • Lot Size: 63x130
  • Lot Size Sq Ft: 8195.00
  • Lot Size Acres: 0.1881

Rental Info

  • Tenant Pays: Water

Multi Family

  • Gross Income: 84268.00
  • Gross Scheduled Income: 84268.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1588.00
  • Lot Size Area: 8195.0000 Square Feet
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number Wall A C: 8
  • Rent Control: Yes
  • Total Actual Rent: 7283.00

Tax Info

  • Tax Census Tract: 1318.01
  • Tax Lot: 5
  • Tax Tract Number: 20666
  • TaxOtherAnnualAssessmentAmount: 1175.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $1,550,000 -18.4% $280 / Sq Ft
10/04/2022 10/04/22 Price Changed $1,899,000 -0.1% $343 / Sq Ft
10/03/2022 10/03/22 For Sale $1,899,999 -- $344 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Cosgrove

    Seller's Agent in 2023

    Mike Cosgrove

    Keller Williams Luxury

    (818) 321-1031

    1 in this area

    19 Total Sales

    Mike Cosgrove
    Section Image
  • Jeannette Kehela

    Buyer's Agent in 2023

    Jeannette Kehela

    Century 21 Peak

    (818) 522-7592

    1 in this area

    5 Total Sales

    Jeannette Kehela
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22200705

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Reseda 91335

7508 Canby Ave, Reseda, CA

This home is located at 7508 Canby Ave, Reseda, CA 91335 since 03 October 2022. This property was built in 1959. 7508 Canby Ave is a home located in Los Angeles County with nearby schools including Garden Grove Elementary School, Northridge Middle School, and Magnolia Science Academy 7.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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