7049 Vassar Avenue, Canoga Park, CA 91303 - Berkshire Hathaway HomeServices California Properties

7049 Vassar Avenue, Canoga Park, CA 91303

$2,950,000 Approx. USD 0 beds, 0 baths

Listing Agent


James Antonucci | james@aplagroup.com
Lic#: 01822661
Broker: Courtesy of Keller Williams Realty-Studio City

Co Listing Agent


Michael Pesci | mike@aplagroup.com
Lic#: 01274379
Broker: Courtesy of Keller Williams Studio City

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SR25124036
Price: $2,950,000
Beds: 0
Baths: 0
Built in 1964
2 stories
0.32 acres
Lot size: 0.3229
County: Los Angeles
Zoning: LAR3
Lot description: SixteenToTwentyUnitsAcre
MLS area: CP - Canoga Park

Last Updated: 6/3/2025

 Days On Market (DOM): 17

 Find more Canoga Park homes and real estate

 Find more homes in 91303 zip code

This listing belongs to the CP - Canoga Park MLS area

Lat/Long: 34.198801, -118.604831.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

91303 Area Map

Demographics

Schools

Near by

Similar Listings