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Five-Unit Apartment Building
For Sale
$1,000,000

7304 Canby Ave, Reseda, CA 91335

MULTI_FAMILY - Reseda, CA

Property Size5,048 SF
Lot Size0.18 Acres
Price / SF$198.10
Days on Market180

Property Features for 7304 Canby Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAC2
Bedrooms 6
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 6, Bedroom 6, Bathroom 3, Bathroom 7, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 5, Bathroom 4, Bathroom 1, Bedroom 4
Parking 5
Parking features Covered, Driveway, Gated
Directions google.com
Subdivision Reseda
Standard status Active
APN 2119-021-039
Size 5,048 SF
Lot size 0.18 Acres

Utilities

Heating system Central

Amenities

in-unit laundry
central HVAC
skylights

Building Details

Year built 1926
Floors in Building 2
Number of units 5
Listing Agency: Compass
Listed By: David Lukan · License #01873011
Added: Feb 19 Changed: Aug 18 Last Checked: Aug 18 at 5:06PM
MLS# 26654413

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5,048-square-foot, five-unit property includes four residential units and one commercial space. The residential component features one 3-bedroom, 3-bath unit measuring 1,550 square feet, along with three 1-bedroom, 1-bath units. The larger residence offers an open layout, skylights, stainless steel appliances, granite countertops, in-unit laundry, laminate flooring, central HVAC, and substantial closet space. The commercial unit is also 1,550 square feet and includes an open work area, two private offices, a kitchen, and a bathroom.

All units are occupied, with month-to-month commercial leases and a documented strong payment history. Covered and gated parking is provided through a driveway arrangement accommodating five or more vehicles in stacked spaces. Built in 1926, the property occupies 0.1838 acres and is located near businesses, dining, shopping, and public transportation in Reseda.

Key Highlights

  • 5,048 SF property with five total units
  • One 1,550 SF commercial unit with open workspace, two offices, kitchen, and bath
  • One 1,550 SF residential unit with 3 bedrooms and 3 baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,423
Businesses Nearby

Demographics for 91335, CA

76,650
Population
25,615
Households
3
Avg Household Size
39
Median Age
30%
College-Educated
78%
High-School Grad
6.6 sq mi
ZIP Area
11,614
Density / Sq Mi
$77,164
Median Household Income
$37,470
Median Earnings
$1,811
Median Rent
$700,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed-use configuration combines residential units with a commercial workspace and on-site parking in Reseda.
Where is this apartment building located?
The property is located at 7304 Canby Ave Reseda, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 5,048 SF property with five total units; One 1,550 SF commercial unit with open workspace, two offices, kitchen, and bath; One 1,550 SF residential unit with 3 bedrooms and 3 baths
More about this property
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