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7025 Vassar Avenue

Canoga Park, CA 91303
  • $4,200,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: OC25091391
UPDATED: 14 min ago
$4,200,000
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1985
County:

School Ratings & Info

Listing Agent(s): Kevin Kim of Circa Properties, Inc. (714-203-6814)


Description

Welcome to 7025 Vassar Avenue. This property presents a unique opportunity for investors to significantly increase value through targeted renovations and improved management. This strategically located complex offers significant upside potential for investors with a vision. With some light renovations and operational improvements, this property can see substantial appreciation in both value and rental income. Its prime location near the Westfield Topanga & The Village ensures high tenant demand and rental growth opportunities.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-20T11:27:44.897. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/163064594
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7025 Vassar Avenue Canoga Park, CA 91303

  • Price: $4,200,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 14 min ago
  • MLS #: OC25091391
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1985
Built
Neighborhood:
CP - Canoga Park
County:
Los Angeles
Area:
CP - Canoga Park
Property Description
Welcome to 7025 Vassar Avenue. This property presents a unique opportunity for investors to significantly increase value through targeted renovations and improved management. This strategically located complex offers significant upside potential for investors with a vision. With some light renovations and operational improvements, this property can see substantial appreciation in both value and rental income. Its prime location near the Westfield Topanga & The Village ensures high tenant demand and rental growth opportunities.
Exterior Features

Construction Materials DrywallConcreteWood Siding Entry Level 2 Lot Features 0-1 Unit/Acre Roof FlatShingle Sign On Property YN No

Interior Features

Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Business Type Rental Cap Rate 6.83 Common Interest None Current Financing None Gross Scheduled Income 433897 Insurance Expense 33357 Land Lease YN No Laundry Features Common AreaSee Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeSubmit Maintenance Expense 2019 Net Operating Income 286815 Operating Expense 147081 Other Expense 1390 Property Sub Type Multi Family Security Features Key Card Entry Special Listing Conditions Standard Supplies Expense 1422 Tax Annual Amount 32508 Trash Expense 6283 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 11156 Water Source Public Zoning R3-1



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-20T11:27:44.897. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Kevin Kim of Circa Properties, Inc. (714-203-6814)