Description
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.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49418825
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
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Exterior Features
Building Information
- Year Built: 1960
- Building Area Total: 7,450
Pool Features
- None
Laundry Features
- Common Area
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2301
- Lot Size Source: Assessor
- Lot Size Square Feet: 10025
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Listing Information
Listing Price Information
- Original List Price: 1,999,000
- Listing Contract Date: 2025-03-10
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 2119017021
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: RES - Reseda
- Directions: East of Reseda Blvd and South of Saticoy St.
- Source Property Type: Residential Income
- Area: RES - Reseda
- Property SubType: Mixed Use
Building and Construction
- Property Age: 65
- Common Walls: 2+ Common Walls
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Location: 1
- Property Attached: Yes
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BuyOwner last updated this listing 04/26/2025 @ 19:04
- MLS: SR25085829
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 7,450 sqft, 10,025 sized lot, and 0 parking. are nearby neighborhoods.