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$800,000
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Property 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 bath well suited for a variety of professional or creative uses. Above it sits a bright and spacious 1,550 sq. ft. 3-bedroom, 3-bath residential 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. All units are currently occupied, with tenants on month-to-month commercial leases and a strong payment history. The property offers parking for five 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***
Full Property Details
Full Property Details for 7304 Canby Ave
General
- Sold For: $800,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26654413
- Added to Site: 237 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: None
Parking
- Garage Description: Driveway, Gated, Uncovered
Location
- Area: Reseda
- County: Los Angeles
- Driving Directions: google.com
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Central, Combination
Structural Information
- # Buildings: 2
- Stories/Levels: 2
- Square Feet: 5,048
- Sq. Ft. Source: Owner
- Year Built: 1926
- Year Built Source: Assessor
Unit Information
- Units in Complex: 5
- Unit Type: 2106, 2107, 2108, 2109, 2110
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 3
- Bedrooms: 3
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1838
- Lot Size: 8005
- Lot Size Source: Assessor
- Zoning: LAC2
Financial Considerations
- Price Per Sq. Ft.: $198.1
- Assessment Year: 1926
Disclosures and Reports
- Disclosures/Reports: As Is, Other
- APN: 2119-021-039
Listed and Sold by Compass, David Lukan and Compass, Chao Zhu
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Schools
Schools serving 7304 Canby Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Garden Grove Elementary School, Los Angeles, CA 18141 Valerio St., Los Angeles, CA 91335 | K-5 | 0.3 mi |
Northridge Middle School 17960 Chase St., Los Angeles, CA 91325 | 6-8 | 1.6 mi |
Reseda Senior High School 18230 Kittridge St., Los Angeles, CA 91335 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7304 Canby Ave
Date
Details
Price
Change
Source
9/23/2026
Sold
$800,000
-20%
MLS
8/17/2026
Price Reduced
$1,000,000
-20%
MLS
3/09/2026
Price Reduced
$1,250,000
-10.65%
MLS
2/19/2026
Listed
$1,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7304 Canby Ave, Reseda, CA 91335 (MLS# 26654413) is a Multi-Family property that was sold at $800,000 on September 23, 2026. Want to learn more about 7304 Canby Ave? Do you have questions about finding other Multi-Family real estate for sale in Reseda? You can browse all Reseda real estate or contact a Coldwell Banker agent to request more information.

