7304 Canby Ave

Reseda, CA 91335

$1,399,000
Price
5
Beds
7
Baths
5,048 Sq. Ft.
$277 / Sq. Ft.
5,048
Sq. Ft.
$277
per Sq. Ft.
Listed By Compass
Listed By Compass

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...***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 bathwell suited for a variety of professional or creative uses. Above it sits a bright and spacious 1,550 sq. ft. residential owner's 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.Three units are currently occupied, with tenants on month-to-month commercial leases and a strong payment history. The property offers parking for six 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***

Listing Agents

  1. David Lukan

    David Lukan

    Listing Agent

    Compass

    DRE #01873011

    david.lukan@compass.com

    P: (805)-403-4935

    CallTextEmail
  2. Chao Zhu

    Chao Zhu

    Alternative Listing Agent

    Compass

    DRE #02180091

    chao.zhu@compass.com

    P: (818)-284-7560

    CallTextEmail

Property Details for 7304 Canby Avenue

Zoning
LAC2
Parcel Number
2119021039
Total Units
5.0
Living Area
5048
Source Living Area
Owner
Area
Reseda Ranch (RESR)
Vacancy Rate
2
Lot Size Area
8005
LISTING UPDATED: 02/20/2026 05:56 PM

Property Details for 7304 Canby Avenue

StatusActive
MLS #26654413
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.18 AC / 8,005 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, David Lukan, DRE #01873011; Compass, Chao Zhu, DRE #02180091
Add your commute

Building Information for 7304 Canby Avenue

Stories2Residences-Year Built1926Building Size-Lot Size0.18 AC / 8,005 SF

Payment Calculator

$7,520 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,818

Property Taxes

$702

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7304 Canby Avenue

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Mixed
Contract Info
Contract Info
  • Disclosures: As Is, Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $132,600
  • Net Operating Income: $104,618.38
  • Gross Income: $132,600
  • Cap Rate: 7.47%
  • Gross Rent Multiplier: $10.55
  • Financial Info as Of: 12/31/2025
  • Vacancy Allow Percent: .00%
  • Total Annual Expense: 27981.62
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1838
  • Lot Size Square Feet: 8005
Parking Details
Parking Details
  • Parking Garage: Driveway, Gated, Uncovered
  • Total Parking: 5
  • Parking Features: Driveway, Gated, Uncovered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Air Conditioning
  • Cooling Type: Air Conditioning
  • Heating: Central, Combination
  • Heating Type: Central, Combination
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Microwave, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Interior Features: Ceiling Fan(s)
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-20-2026
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $2,450.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,500.00
  • Unit Actual Rent: $1,500.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $1,000.00
  • Unit Projected Rent: $1,300.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $129,605.00
  • Assessed Improvement Percent: 20.37
  • Assessed Land Value: $506,648.00
  • Assessed Land Percent: 79.63
  • Assessed Total Value: $636,253.00

Property History for 7304 Canby Avenue

DateEvent & SourcePriceAppreciation
Feb 19, 2026

Listed (Active)

CRMLS #26654413

$1,399,000—
Feb 19, 2026

Listed (Active)

CLAW #26654413

$1,399,000—
Sep 16, 2025

Expired

CLAW #25-484621

$1,399,000—
Sep 16, 2025

Expired

CRMLS #25484621

—
Jan 16, 2025

Listed (Active)

CLAW #25-484621

$1,399,000—
Jan 16, 2025

Listed (Active)

CRMLS #25484621

$1,399,000—
Dec 16, 2024

Expired

CLAW #24-403927

$1,399,000—
Dec 16, 2024

Expired

SDMLS #24-403927

$1,399,000—
Dec 16, 2024

Expired

CRMLS #24403927

—
Jun 16, 2024

Listed (Active)

SDMLS #24-403927

$1,399,000—
Jun 16, 2024

Listed (Active)

CRMLS #24403927

$1,399,000—
Jun 16, 2024

Listed (Active)

CLAW #24-403927

$1,399,000—
Apr 7, 2014

Sold (Public Record)

Public Record #413304109

$540,000

+4.9% / yr

Jun 2, 2003

Sold (Public Record)

Public Record #113094418

$320,000—
DateEvent & SourcePrice
02/19/2026

Listed (Active)

CRMLS #26654413

$1,399,000
02/19/2026

Listed (Active)

CLAW #26654413

$1,399,000
09/16/2025

Expired

CLAW #25-484621

$1,399,000
09/16/2025

Expired

CRMLS #25484621

—
01/16/2025

Listed (Active)

CLAW #25-484621

$1,399,000
01/16/2025

Listed (Active)

CRMLS #25484621

$1,399,000
12/16/2024

Expired

CLAW #24-403927

$1,399,000
12/16/2024

Expired

SDMLS #24-403927

$1,399,000
12/16/2024

Expired

CRMLS #24403927

—
06/16/2024

Listed (Active)

SDMLS #24-403927

$1,399,000
06/16/2024

Listed (Active)

CRMLS #24403927

$1,399,000
06/16/2024

Listed (Active)

CLAW #24-403927

$1,399,000
04/07/2014

Sold (Public Record)

Public Record #413304109

$540,000

+4.9% / yr

06/02/2003

Sold (Public Record)

Public Record #113094418

$320,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7304 Canby Avenue

Taxable ValueLand$527,115Additions$134,840Total$661,955
Tax Record2025$8,422 ($702 / month)
Home Facts
Total Finished SqFt1,948 SqFtAbove Grade Finished SqFt1,948 SqFtStories1Lot Size8,002 SqFtStyleSchoolYear Built1926ZoningLAC2CountyLOS ANGELESAPN2119-021-039

Schools near 7304 Canby Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Garden Grove Elementary School
Public - K to 5
Northridge Middle School
Public - 6 to 8
Reseda Senior High School
Charter - 9 to 12
John R. Wooden High School
Public - 9 to 12
Rating
School
Distance
Garden Grove Elementary School
PublicK to 5

Northridge Middle School
Public6 to 8

Reseda Senior High School
Charter9 to 12

John R. Wooden High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7304 Canby Avenue, Reseda, CA 91335

7304 Canby Avenue is a multi-family home for sale in Reseda, CA 91335. This property was listed for sale on February 19, 2026 by Compass, it's currently listed at $1,399,000. It has been on the market for a total of 1 days and was last sold on April 7, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Garden Grove Elementary School, Northridge Middle School and Reseda Senior High School. 7304 Canby Avenue is a 5-bed, 7-bath, 5,048 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, David Lukan, DRE #01873011; Compass, Chao Zhu, DRE #02180091

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.