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.
For sale
Listing Provided by:
James Antonucci DRE #01822661 818-381-6601,
Keller Williams Realty-Studio City,
Michael Pesci DRE #01274379 818-432-1627,
Keller Williams Studio City
$2,950,000
7049 Vassar Ave, Canoga Park, CA 91303
13beds
20baths
9,883sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$2,841,100 Zestimate®
$298/sqft
$-- HOA
What's special
- 44 days
- on Zillow |
- 111 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 02:18pm
Listing Provided by:
James Antonucci DRE #01822661 818-381-6601,
Keller Williams Realty-Studio City,
Michael Pesci DRE #01274379 818-432-1627,
Keller Williams Studio City
Source: CRMLS,MLS#: SR25124036
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
Video & virtual tour
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: $298/sqft
- Date on market: 6/3/2025
- Listing terms: Cash to New Loan
- Total actual rent: 21628
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