Nikki Bakhtiyari
Pinnacle Estate Properties, Inc.
(818) 412-9780
12 Total Sales
1 in Reseda
$438,000 Price
7543 Canby Ave Reseda, CA 91335
Reseda Area
10
Beds
8
Baths
5,501
Sq Ft
8,425
Sq Ft Lot
About This Home
As of April 2022We are proud to present this 8-unit apartment building located at 7543 Canby Avenue in Reseda, California. This 5,501 square foot building sits on an 8,425 square foot lot (0.19 acres), and it boasts an excellent unit mix of six 1 Bed / 1 Bath units and two 2 Bed / 1 Bath units. The offering presents a true value add opportunity for an investor with over 60% upside in rents, and with no tuck-under parking, the property does not need any seismic retrofitting. This investment offering provides a savvy investor the opportunity to capitalize on the existing low rents and own an investment property in a strong and centrally located rental pocket of Reseda. The potential yield this property has to offer is one of a kind.Additionally, the buyer would be wise to look into the feasibility of adding ADUs to this property since each added unit would be worth significantly more than it would cost to build in this location.Reseda is a neighborhood in the San Fernando Valley, flanked on the north by Northridge, on the east by Lake Balboa, on the south by Tarzana and Encino, and on the west by Winnetka. The subject property is situated on the corner of Saticoy Street and Canby Avenue on the southeast corner of Reseda Boulevard.
Last Agent to Sell the Property
Marcus & Millichap License #01905352 Listed on: 03/28/2022
Last Buyer's Agent
Joyce Riskas
License #01188954
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 8,425 Sq Ft Lot
Parking
- 10 Parking Spaces
Interior Spaces
- 5,501 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 2119-017-037
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2022
Closed on
Apr 25, 2022
Sold by
7543 Canby Avenue Llc
Bought by
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
Joyce Riskas
List Price
$1,700,000
Sold Price
$1,650,000
Premium/Discount to List
-$50,000
-2.94%
Purchase Details
Closed on
Jan 9, 2007
Sold by
Perinpanathan Kandiah
Bought by
7543 Canby Avenue Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.19%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 26, 2004
Sold by
Srikumar Nadarajah
Bought by
Srikumar Suganthi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.65%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 8, 2003
Sold by
Perinpanathan Kandiah
Bought by
Perinpanathan Kandiah and Perinpanathan Vasantha
Purchase Details
Closed on
Jul 23, 2001
Sold by
Srikumar Nadarajah
Bought by
Srikumar Suganthi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 3, 2001
Sold by
Chin Robert K
Bought by
Perinpanathan Kandiah and Perinpanathan Vasantha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 20, 1997
Sold by
Chin Robert K
Bought by
Chin Robert K and Chin May Hon
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Reseda, CA
-
Nikki Bakhtiyari
-
Steve Julian
Steve Julian
Luxury Collective
(747) 293-4987
169 Total Sales
6 in Reseda
$560K - $865K Price Range
-
Mandana Akbary-Rabani
Mandana Akbary-Rabani
Rumi Realty Group
(747) 249-5027
6 Total Sales
1 in Reseda
$960,000 Price
-
Jessica Carter
Jessica Carter
Equity Union
(877) 536-2166
55 Total Sales
2 in Reseda
$420,000 Price Range
-
Zabie Sahial
Zabie Sahial
ROA California Inc
(619) 439-1039
14 Total Sales
2 in Reseda
$860,000 Price Range
-
Jose Schnaider
Jose Schnaider
Equity Union
(747) 294-3353
37 Total Sales
1 in Reseda
$380,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,650,000 | Ticor Title | ||
| 7543 Canby Avenue Llc | -- | North American Title Co | |
| Srikumar Suganthi | -- | Fidelity National Title | |
| Mathisuthan Sumathi | -- | Fidelity National Title | |
| Perinpanathan Kandiah | -- | -- | |
| Srikumar Suganthi | -- | North American Title Co | |
| Perinpanathan Kandiah | $385,000 | North American Title Co | |
| Chin Robert K | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $500,000 | ||
| Previous Owner | Srikumar Suganthi | $400,000 | |
| Previous Owner | Perinpanathan Kandiah | $280,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2022 04/29/22 | Sold | $1,650,000 | -2.9% | $300 / Sq Ft |
| 04/19/2022 04/19/22 | Pending | -- | -- | -- |
| 03/28/2022 03/28/22 | For Sale | $1,700,000 | -- | $309 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $22,192 | $1,786,010 | $806,410 | $979,600 |
| 2025 | $22,192 | $1,750,992 | $790,599 | $960,393 |
| 2024 | $21,890 | $1,716,660 | $775,098 | $941,562 |
| 2023 | $21,481 | $1,683,000 | $759,900 | $923,100 |
| 2022 | $7,529 | $535,938 | $233,862 | $302,076 |
| 2021 | $7,417 | $525,430 | $229,277 | $296,153 |
| 2019 | $7,223 | $516,378 | $222,478 | $293,900 |
| 2018 | $7,077 | $506,382 | $218,116 | $288,266 |
| 2016 | $6,693 | $480,445 | $209,648 | $270,797 |
| 2015 | $6,608 | $473,229 | $206,499 | $266,730 |
| 2014 | $6,682 | $463,960 | $202,454 | $261,506 |
Source: Public Records
Agents Affiliated with this Home
-
Filip Niculete
Seller's Agent in 2022
Filip Niculete
Marcus & Millichap
(818) 357-9525
101 Total Sales
-
JR
Buyer's Agent in 2022
Joyce Riskas
Map
Source: The MLS
MLS Number: 22-140765
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.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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