Properties

Reseda, CA 91335 7304 Canby Avenue

7304 Canby Avenue Reseda, CA - Image 17304 Canby Avenue Reseda, CA - Image 27304 Canby Avenue Reseda, CA - Image 3
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Presented By: David Lukan with Compass;
  • MLS# 26654413
  • 02/19/2026
  • Get pre-approved
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  • Beds • 5
  • Baths • 1
  • SQFT • 5,048

Home Details

***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 zoning, 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***
Presented By: David Lukan with Compass;

Interior Features for 7304 Canby Avenue

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths7

Other Interior Features

Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Total Stories2

General for 7304 Canby Avenue

AppliancesDishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Cap Rate7.8
CityReseda
CountyLos Angeles
Directionsgoogle.com
Full Baths
Gross Income141600
HOANo
HeatingCombination, Central
LevelsTwo
Living Area5048
Lot Size Square Feet8005
Lot Size UnitsSquare Feet
MLS AreaRES - Reseda
Net Operating Income103897.2
New ConstructionNo
Number Of Units Total5
PostalCityRESEDA
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1926
Year Built SourceAssessor
ZoningLAC2

Exterior for 7304 Canby Avenue

Building Area Total5048
Lot Size Acres0.1838
Lot Size Area8005
Lot Size SourceAssessor
Number of Buildings2
Parking FeaturesDriveway, Gated, Uncovered
Total Parking5

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,250,000
MLS#26654413
List Date 02/19/2026
Property Type Multi-Family
Phone 888.795.6274
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