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7515 Canby Avenue
Reseda CA 91335 US

$1,999,000

Active Listing ID SR25085829
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3 bed
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Lot: 10,025.00 Square Feet
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Other

$1,999,000

Active Listing ID SR25085829
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7515 Canby Avenue Introducing Crown Canby! A well-maintained 10-unit apartment complex, perfect for investors seeking a stable asset with upside potential. This property has been well cared for over the years, featuring newer exterior paint and dual-pane windows that enhance both curb appeal and energy efficiency, copper plumbing. Several units have been thoughtfully remodeled, showcasing modern kitchens, updated bathrooms, new flooring, recessed lighting, and newer appliances, offering a comfortable and updated living environment that appeals to quality tenants. The unit mix includes 4 spacious 2-bedroom, 1-bath units and 6 well-appointed 1-bedroom, 1-bath units, making it an ideal blend for a variety of renters. Each unit is individually metered for electricity and gas, providing ease of management and the opportunity to minimize owner expenses. The property sits on a 10, 025 sq. ft. lot with alley access and offers a total of 10 parking spaces — 5 surface spaces and 5 covered spaces — a valuable amenity in this market. This is a turnkey investment with solid in-place income, while still offering upside potential through continued unit upgrades and rental increases. Whether you're a seasoned investor looking to add to your portfolio or seeking a strong start in multifamily investing, this apartment complex is a great opportunity. Located in Reseda, CA, a city with one of the lowest vacancy rates in all of Los Angeles County, the property benefits the owner with a strong rental market that has experienced steady growth in recent years. Some of the current rents are well bellow market values, leaving owner with favorable upside in returns.

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Property Features

  • Facts
  • Lot Size: 10,025.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Exterior Finish: Community Features Included: Sidewalks, Street Lights, Valley, 0-1 Unit/Acre

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1999000
  • unparsedaddress: 7515 Canby Avenue
  • postalcity: Reseda
  • stateorprovince: CA
  • country: US
  • postalcode: 91335
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.23014233241506
  • lotsizeunits: Square Feet
  • lotsizearea: 10025
  • livingarea: 7450
  • livingareaunits: Square Feet
  • listagentfullname: Jesse Perez
  • listagentemail: jesse@jesseperezgroup.com
  • listagentkey: 3yd-MRMLSCA-F207017955
  • listagentmlsid: F207017955
  • listagentpreferredphone: 8189743393
  • listagentofficephone: 8189937370
  • listofficekey: 3yd-MRMLSCA-F2435001
  • listagentstatelicense: 01414689
  • listofficemlsid: F2435001
  • disclaimer: Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1960
  • listingcontractdate: 2025-04-18
  • listagenturl: http://www.jesseperezgroup.com
  • countyorparish: Los Angeles
  • parcelnumber: 2119017021
  • cooling: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 10
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Sidewalks, Street Lights, Valley, 0-1 Unit/Acre
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Pinnacle Estate Properties, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jesse@jesseperezgroup.com", "ListBrokerageCity":"Northridge", "ListBrokerageCountry":"US", "ListBrokerageEmail":"PinnacleBOR@PinnacleEstate.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Pinnacle Estate Properties, Inc.", "ListBrokeragePhone":"(818) 993-7370", "ListBrokeragePostalCode":"91324", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9137 Reseda Blvd.", "ListBrokerageWebsiteUrl":"https://pinnacleestate.com", "ListOfficeAddress1":"20065 Rinaldi St.", "ListOfficeAddress2":"Suite 210", "ListOfficeBrokerMlsId":"F210070397", "ListOfficeCity":"Porter Ranch", "ListOfficeCountry":"US", "ListOfficeEmail":"PinnacleBOR@PinnacleEstate.com", "ListOfficePostalCode":"91326", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial/Residential - Reseda, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/7515-Canby-Ave_Reseda_CA_91335_M19857-75287?f=listhub&s=MRMLSCA&m=SR25085829&c=rexren", "MLSModificationTimestamp":"2025-04-18T13:56:24Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Commercial/Residential", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/22/2025 3:36:20 PM GMT
Source Updated Date: 5/7/2025 6:49:13 AM GMT

Courtesy of: Jesse Perez, Pinnacle Estate Properties, jesse@jesseperezgroup.com

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.