Confidentiality Agreement
Affiliated Business Disclosure
The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from KW Commercial and it should not be made available to any other person or entity without the written consent of KW Commercial. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the Offering Memorandum. If you have no interest in the subject property at this time, please return this Offering Memorandum to KW Commercial.
Confidentiality Agreement
This Offering Memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. KW Commercial has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property.
The information contained in this Offering Memorandum has been obtained from sources we believe to be eliable; however, KW Commercial has not verified, and will not verify, any of the information contained herein, nor has KW Commercial conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.
All potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. KW Commercial has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. KW Commercial’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. KW Commercial and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.)
OPPORTUNITY
HIGHLIGHTS
Upgraded Features: Newer roof, copper plumbing, modern flooring, and updated windows
ADU Potential: Plans for two ADUs are ready to issue, maximizing rental income
Strong Investment: In-Place 4.75% cap rate, projected 7.08% cap rate post-ADU additions
Strong Post ADU Cash Flow: 7.60% Pre-Tax cash flow post ADU
Exceptional Value: Just $228,125 per unit and $272 per square foot after ADUs
Prime Location: Walk Score of 86 – a highly walkable neighborhood!
Excellent Transit Access: Steps from Metro Local 240 & DASH Northridge (0.1 miles)
Convenience at Your Doorstep: Close to shopping, dining, and CSUN
7260 CANBY AVE LOCATION OVERVIEW
BEST OF RESEDA, CA DISCOVER THE
ABOUT THE AREA
Reseda, CA offers the perfect blend of suburban charm and vibrant community life. Located in the heart of the San Fernando Valley, this neighborhood provides a rich mix of history, culture, and convenience, making it ideal for families, students, and professionals alike. With tree-lined streets, local hotspots, and a welcoming atmosphere, Reseda truly feels like home.
California State University, Northridge (CSUN)
less than 10 minutes from the subject property, is a thriving educational and cultural hub with over 38,000 students. More than just a university, CSUN is a key economic driver, featuring The Soraya, a premier performing arts center that brings world-class entertainment to the community.
Nearby, Dignity Health Northridge Hospital provides toptier healthcare services, reinforcing the area’s strong community focus. Dignity Health Northridge Hospital, with its 2,000+ employees, anchors the rental area with top-tier healthcare services and a strong sense of community commitment.
From shopping at Northridge Fashion Center or The Village at Westfield Topanga to exploring the Sepulveda Basin Recreation Area or playing in the Reseda Park and Recreation Area, residents enjoy an abundance of activities. Whether you’re discovering trendy boutiques, dining along Ventura Boulevard, or relaxing in scenic green spaces, there’s something for everyone.
With a dynamic yet relaxed vibe, Reseda, CA offers the best of Southern California living—a perfect balance of comfort, convenience, and opportunity. If you’re looking for an investment property, this is a place where life thrives.
Northridge
Reseda Park
Sepulveda Basin
Recreation Area & Recreation Area
DEMOGRAPHICS
Strong Rental Demand
Reseda has a high percentage of renters (around 48.5%), driven by affordability compared to other parts of Los Angeles, proximity to CSUN, and a growing workforce.
Steady Property Value Growth
Home values in Reseda have been rising consistently, with a current median price of around $775,000. Appreciation trends suggest longterm value growth.
Prime Location & Accessibility
Reseda is centrally located in the San Fernando Valley with easy access to major freeways (101, 405), making it attractive to commuters working in LA and surrounding areas.
Proximity to California State University, Northridge
With over 38,000 students, CSUN creates a consistent demand for rental housing, providing stable occupancy rates for multifamily properties.
Diverse & Growing Population
Reseda is an ethnically diverse, working-class neighborhood with a mix of families, professionals, and students, ensuring a broad tenant base.
Competitive Cap Rates & Rental Yields
Compared to West LA and downtown, Reseda offers more favorable cap rates and strong rental yields, making it attractive for investors seeking cash flow.
Future Development & Revitalization
Reseda has seen ongoing public and private investment, improving infrastructure, public spaces, and business districts, enhancing longterm property values.
Relatively Affordable Entry Point Strong Local Amenities
Compared to nearby neighborhoods like Encino or Woodland Hills, Reseda offers more affordable multifamily properties with significant potential for rental growth.
Reseda has shopping centers, parks, dining, and entertainment options, making it an appealing place to live for tenants.
High Demand for ADUs (Accessory Dwelling Units)
With LA’s push for affordable housing, adding ADUs or converting underutilized space can increase rental income potential in multifamily properties.
Investing in an apartment building in Reseda offers a solid balance of affordability, rental demand, and long-term appreciation potential—making it an excellent choice for real estate investors.
CALIFORNIA STATE UNIVERSITY, NORTHRIDGE (CSUN)
The subject property’s prime location near California State University, Northridge (CSUN)—one of the largest universities in California—ensures a continuous demand for rental housing. With a community of over 40,000 students, faculty, and staff, CSUN provides a steady stream of potential tenants, making an apartment investment both secure and profitable. Additionally, the property offers convenient access to CSUN via the DASH Line, which provides direct transportation to the campus. Visit Here
7260 CANBY AVE NEW DEVELOPMENTS
8940
RESEDA BLVD
6906
62 Units, 6,200 SF Retail
9530
118 Units, 5,700 SF Retail
18434
95 Units
RESEDA BLVD
VONOWEN ST
RESEDA BLVD
RESEDA BLVD REDEVELOPMENT
$20,000,000 Redevelopment Project
7260 CANBY AVE FINANCIALS
FINANCIAL ANALYSIS
FINANCIAL ANALYSIS
WITH ADU CONSTRUCTION COSTS
ANNUALIZED OPERATING DATA
ANNUALIZED OPERATING DATA
WITH ADU CONSTRUCTION COSTS
CASH FLOW ANALYSIS
7260 CANBY AVE SOLD COMPARABLES
Sold Comparables
7260 CANBY AVE RENT COMPARABLES
1 18840 Sherman Way, Reseda, CA 91335
2 8137 Chimineas Ave, Reseda, CA 91335
3 6625 Reseda Blvd, Reseda, CA 91335
4 7918 Reseda Blvd, Reseda, CA 91335
5 6425 Reseda Blvd, Reseda, CA 91335
6 6929 Amigo Ave, Los Angeles, CA 91335 1 2 3 4
AGENT NAME
With over 20 years of focused exploration and experience in capital markets such as Equity, Debt and Real Estate combined with Advertising and Marketing, Agent Name Group brings a unique and unparalleled approach to the marketplace. We have dedicated ourselves to the deep understanding of the Southern California real estate market by taking the time to walk, examine, and analyze our landscape of submarkets.
Our clients best interest is our priority. Real estate marketing intelligence infused with financial planning has allowed us to help our clients make informed decisions about their real estate investment options. Our educated agents work hard to get our sellers the highest price. Relationships and expertise are keys to creating Investment Property Wealth.
