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Listed by James Antonucci • Keller Williams Realty-Studio City
$ 2,950,000
Est. payment | /mo
0.32 Acres Lot
$ 2,950,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25124036
Year Built 1964
Lot Size 0.323 Acres
Source California Regional MLS
Property Description
Welcome to 7049 Vassar Ave, a rare investment opportunity located in the highly sought-after neighborhood of Canoga Park in the San Fernando Valley. This well-maintained 17-unit apartment complex offers a desirable unit mix consisting of 8 singles, 5 one-bed/one-bath, 1 two-bed/one-bath, and 3 two-bed/two-bath units. Perfectly positioned in a high-demand rental market, this asset presents a compelling opportunity for investors seeking value-add potential and long-term stability. The property features individually metered gas and electric, helping reduce owner expenses and improve operational efficiency. Recent capital improvements include copper plumbing throughout the building and completed seismic retrofitting, providing both peace of mind and compliance with city regulations. Additional amenities include on-site parking, on-site laundry, and alley access, enhancing convenience for tenants. Located just minutes from major shopping and entertainment destinations, residents enjoy proximity to Westfield Topanga Mall, The Village at Topanga, Costco Wholesale, and Home Depot. Commuters will appreciate the property's easy access to the 101 Freeway and local public transit, while students benefit from the short distance to Pierce College. This strategic location ensures strong t
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Interior
Laundry Laundry Area, Community Facility
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 2138002026
Special Listing Condition Not Applicable
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