7049 Vassar Avenue, Canoga Park, CA

$2,950,000

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5

Beds

5

Baths

0.32

Acres

About 7049 Vassar Avenue

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 propertys 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 ups

Features of 7049 Vassar Avenue

MLS® # SR25124036
Price $2,950,000
Bedrooms 5
Bathrooms 5.00
Acres 0.32
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 7049 Vassar Avenue
Area CANOGA PARK (91303)
City Canoga Park
County Los Angeles
State CA
Zip Code 91303

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Additional Information

Date Listed May 8th, 2025
Days on Market 96
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty-Studio City

Listing Map

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