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Sold for $2,850,000
  • Listed by: Keller Williams Realty-Studio City • James Antonucci • Contact: 818-432-1513
    Bought with: American Realty Centre,Inc.
    $2,850,000

    7049 Vassar Ave, Canoga Park, CA 91303

    13beds
    20baths
    9,883sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $2,843,100 Zestimate®
    $288/sqft
    $2,707 Estimated rent

    Home value

    $2,843,100

    $2.59M - $3.13M

    $2,707/mo

    Zestimate® history
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    $18,070/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    James Antonucci DRE #01822661 818-381-6601,

    Keller Williams Realty-Studio City,

    Michael Pesci DRE #01274379 818-432-1627,

    Keller Williams Studio City

    Bought with:

    Dalida Maserejian, DRE #00897436

    American Realty Centre,Inc.

    Source: CRMLS,MLS#: SR25124036MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 20
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 9,883
    • Total interior livable area: 9,883 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.32 Acres
    • Features: 16-20 Units/Acre
    Details
    • Parcel number: 2138002026
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban
    Location
    • Region: Canoga Park

    Financial & listing details

    • Price per square foot: $288/sqft
    • Date on market: 6/3/2025
    • Cumulative days on market: 70 days
    • Listing terms: Cash to New Loan
    • Total actual rent: 21628

    Price history

    DateEventPrice
    9/4/2025Sold$2,850,000-3.4%$288/sqft
    Source: CRMLS #SR25124036 Report a problem
    8/28/2025Pending sale$2,950,000$298/sqft
    Source: CRMLS #SR25124036 Report a problem
    8/13/2025Contingent$2,950,000$298/sqft
    Source: CRMLS #SR25124036 Report a problem
    6/3/2025Listed for sale$2,950,000$298/sqft
    Source: CRMLS #SR25124036 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Canoga Park

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $2,843,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,843,100