new - 4 days on rocket

7460 Canby Ave, Reseda, CA, 91335

$1,950,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
9 Baths
7,021 SqFt
$278/SqFt
House

Location

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7460 Canby Ave, Los Angeles$1,950,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned
Year Built1963
HeatingNone
CoolingNone
MLS #24470475
Lot Size0.20 Acres
StatusActive

About 7460 Canby Ave

7460 Canby Ave. is an incredible investment property located in the fense rental market of Reseda. Offering 9 units and asking only $1,950,000, this makes it one of the lowest cost of entries of any apartment building. With substantially below market rents and asking under 12 times the gross income, this gives a new buyer tremendous upside potential and immediate cash flow to start. The building consist of large units, 2 two bedroom one bath and 6 one bedroom one bath and 1 Studio. There are nine parking spaces off street for tenants and plenty of street parking. 7460 Canby Ave is perfect for the first time Buyer or for an experienced owner adding to their portfolio. The building is fully occupied, so please do not disturb the tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2
  • Living Area: 7,021 SqFt

Listing Office:

  • Office Name: RE/MAX One
  • Office Phone: (818) 366-3300
  • Listing Agent: Chase Simonton

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: Major Cross Streets are Saticoy and Reseda Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,950,000
  • Price Per SqFt: $278/SqFt

Tax Information:

  • Annual Amount: $15,147
  • 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

1346

7460 Canby Ave vs Los Angeles

4 DAYS ON ROCKET

-34 Days

$1,950,000

+$928.4K More

$278/SqFt

-$362 Less

KEY TAKEAWAY

This property is $928.4K more than the Median Sold Price and $362/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: #24470475

Listing Office:

  • Office Name: RE/MAX One
  • Office Phone: (818) 366-3300
  • Listing Agent: Chase Simonton

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: 12/17/2024, 11:20:57 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

Sep 30, 2004Home Sold
$915,000
Jul 17, 1990Home Sold
$590,000
Oct 13, 1988Home Sold
$517,000

Tax History

YEARPROP. TAXASSESSMENT
2021$15,147$1,180,866
2020$14,728$1,168,758
2019$14,542$1,145,842
2018$14,196$1,123,376
2017$14,196$1,101,350

History based on county public records data.

Payment Calculator

$9,800

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,913

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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.

Nearby Schools

school-card-donut-4255318
6
/10

  • Garden Grove Elementary

  • 18141 Valerio St

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-4255319
3
/10

  • Reseda Elementary

  • 7265 Amigo Ave

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-4255320
3
/10

  • Blythe Street Elementary School

  • 18730 Blythe St

  • 0.70 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,486. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7460 Canby Ave

What is the listing price of this property?

The listing price of 7460 Canby Ave property is $1,950,000.

What type of property is this?

The property 7460 Canby Ave is a house located in Reseda, California, 91335.

Is this property for sale now?

Active Listing: 7460 Canby Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,147 (source: MLS/based on county public records data).

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

The last sale was on September 30, 2004 for $915,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7460 Canby Ave has 10 bedrooms and 9 bathrooms.

What is the square footage of this property?

The property 7460 Canby Ave is 7,021 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7460 Canby Ave is 1963.

Rocket Homes›California›Los Angeles County›Los Angeles›91335›7460 Canby Ave

This home is located at 7460 Canby Ave in Reseda, CA and zip code 91335 in the Reseda neighborhood. This 7,021 square foot home, which was built in 1963, sits on a 0.20 acre lot. Features: 10 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $1,950,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

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

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