4 months on rocket

7304 Canby Ave, Reseda, CA, 91335

$1,399,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
8 Baths
5,048 SqFt
$277/SqFt
House

Location

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7304 Canby Ave, Los Angeles$1,399,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDriveway, Gated, Uncovered
Year Built1926
HeatingOther, Central
MLS #24403927
Lot Size0.18 Acres
StatusActive

About 7304 Canby Ave

7302-7304 Canby is a versatile multi-use property designed to accommodate various needs. Situated on a spacious lot, it comprises five mixed-use units. The two larger units, each measuring 1,550 square feet, are located at the rear of the property. One is currently utilized as a commercial space, featuring a large open workspace, two offices, a kitchen, and two bathrooms, making it suitable for a wide range of business uses. The remaining units are residential, consisting of three 1-bedroom, 1-bath units, and one expansive 2-bedroom, 3-bath unit. The largest unit, ideal for owner occupancy, is above the commercial space and spans 1,550 square feet. This bright and airy unit offers an open floor plan, multiple skylights, and windows that flood the space with natural light. The modern kitchen is equipped with stainless steel appliances, granite countertops, and a washer and dryer. Additional features include laminate wood flooring, central HVAC, and ample closet space. The three 1-bedroom units range in size from 650 to 750 square feet. Each includes a well-equipped kitchen, generous closet space, and a washer and dryer. All units are currently occupied, with most tenants on a month-to-month basis. The commercial tenant operates under a NNN lease. All tenants have a proven track record and are current with their rents. The property offers parking for six or more cars (stacked), enhancing its convenience for both residential and commercial tenants. Zoned C2, this property offers extensive development opportunities, from multi-family and mixed-use developments to various commercial applications. Ideally located in a commercial corridor of Reseda, this property is central to numerous businesses, dining options, shopping, and public transportation. Don't miss out on this exceptional investment opportunity, perfectly positioned for growth and flexibility. ***SELLER FINANCING AVAILABLE***

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Stories: 2
  • Living Area: 5,048 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: David Lukan

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Driveway, Gated, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Other, Central

School Info

Assigned Schools Information:

  • Reseda Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Northridge Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Garden Grove Elementary School, Public District Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6

Other

Directions Information:

  • Directions: google.com

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,000
  • Price Per SqFt: $277/SqFt

Tax Information:

  • Annual Amount: $7,700
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

7304 Canby Ave vs Los Angeles

141 DAYS ON ROCKET

+103 Days

$1,399,000

+$375.5K More

$277/SqFt

-$364 Less

KEY TAKEAWAY

This property is $375.5K more than the Median Sold Price and $364/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24403927

Listing Office:

  • Office Name: Compass
  • Office Phone: (323) 593-6999
  • Listing Agent: David Lukan

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 2:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 18, 2014Home Sold
$540,000
Jun 02, 2003Home Sold
$320,000
May 14, 1997Home Sold
$185,000
May 24, 1991Home Sold
$385,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,700$611,548
2020$7,477$605,278
2019$7,278$593,411
2018$7,121$581,776
2017$7,121$570,370

History based on county public records data.

Payment Calculator

$7,050

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,261

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2076350
6
/10

  • Garden Grove Elementary School

  • 18141 Valerio St

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-2076351
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 6.58 miles

  • Public Magnet Grades 1-5

school-card-donut-2076352
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 13.57 miles

  • Public Magnet Grades KG-6

Middle School

school-card-donut-2076353
4
/10

  • Northridge Middle School

  • 17960 Chase St

  • 1.52 miles

  • Public District Grades 6-8

school-card-donut-2076354
4
/10

  • Studio

  • 2211 W Avenue 30

  • 18.34 miles

  • Public District Grades 6-8

High School

school-card-donut-2076355
6
/10

  • Reseda Senior High School

  • 18230 Kittridge St

  • 1.04 miles

  • Public Magnet Grades 9-12

school-card-donut-2076356
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 2.03 miles

  • Public Magnet Grades 9-12

school-card-donut-2076357
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 21.70 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,486. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7304 Canby Ave

What is the listing price of this property?

The listing price of 7304 Canby Ave property is $1,399,000.

What type of property is this?

The property 7304 Canby Ave is a house located in Reseda, California, 91335.

Is this property for sale now?

Active Listing: 7304 Canby Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7304 Canby Ave are:
Garden Grove Elementary School: GreatSchools Rating 6/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Northridge Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Reseda Senior High School: GreatSchools Rating 6/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,700 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 18, 2014 for $540,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7304 Canby Ave has 5 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 7304 Canby Ave is 5,048 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7304 Canby Ave is 1926.

Rocket Homes›California›Los Angeles County›Los Angeles›91335›7304 Canby Ave

This home is located at 7304 Canby Ave in Reseda, CA and zip code 91335 in the Reseda neighborhood. This 5,048 square foot home, which was built in 1926, sits on a 0.18 acre lot. Features: 5 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 16, 2024 and is currently priced at $1,399,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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