7049 Vassar Avenue, Canoga Park, California 91303
  • $2,950,000

Overview

Property ID: SR25124036
  • Apartment, Residential Income
  • Property Type
  • 9883 Sqft
  • Area Size
  • 1964
  • Year Built

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 tenant demand and low vacancy rates. With tremendous rental upside potential, 7049 Vassar Ave is a turnkey investment opportunity in one of Los Angeles’ most active rental corridors. Whether you’re expanding your portfolio or entering the multifamily market, this property offers location, stability, and upside all in one package. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

  • Address: 7049 Vassar Avenue
  • State/county: CA
  • Zip/Postal Code: 91303
  • Country: US

Details

Updated on September 5, 2025 at 12:21 am
  • Property ID SR25124036
  • Price $2,950,000
  • Property Size 9883 Sqft
  • Land Area 0.3229 Acres
  • Year Built 1964
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash to New Loan
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Suburban

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