***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***
AGENT: David Lukan LISTING BROKERAGE: Compass
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 7304 Canby AV
Reseda, CA
Property Details
Price:
$1,250,000
MLS #:
26654413
Status:
Active
Beds:
5
Baths:
7
Type:
Single Family
Neighborhood:
resreseda
Listed Date:
Feb 20, 2026
Finished Sq Ft:
5,048
Total Sq Ft:
5,048
Lot Size:
8,005 sqft / 0.18 acres (approx)
Year Built:
1926
Res – ResedaResreseda
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Schools
Interior
Appliances
DW, GD, MW, RF
Heating
CF, COM
Interior Features
CF
Laundry Features
DINC, WINC
Levels
U
Exterior
Parking Spots
5
Parking Total
5
Financial
Gross Operating Income
$141,600
Net Operating Income
$103,897
Map
Community
- Address7304 Canby AV Reseda CA
- CityReseda
- CountyLos Angeles
- Zip Code91335
