7049 Vassar AVE Active

Canoga Park,CA 91303

$ 2950000

- Bed

- Bath

- SqFt


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

View More
Favorite Go Tour