Canoga Park, CA 91303 7025 Vassar Avenue
$4,200,000
0 more
Presented By: Kevin Kim with Circa Properties, Inc.; 949-293-0770
- MLS# OC25091391
- 04/28/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
SQFT • 16,106
Home Details
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.
Presented By: Kevin Kim with Circa Properties, Inc.; 949-293-0770
Interior Features for 7025 Vassar Avenue
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea, SeeRemarks
Total Stories2
Other Rooms
Entry Level2
General for 7025 Vassar Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Business TypeRental
Cap Rate6.83
Carport Y/NNo
CityCanoga Park
Construction MaterialsDrywall, Concrete, WoodSiding
CoolingCentralAir
CountyLos Angeles
Current FinancingNone
DirectionsVassar Ave and Hart St
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingForcedAir
Home Warranty Y/NNo
Insurance Expense33357.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031, Submit
Lot Size Square Feet14070.0
Lot Size UnitsSquareFeet
MLS AreaCP - Canoga Park
MaintenanceExpense2019.0
MobileHomeRemainsYNNo
Net Operating Income286815.0
New ConstructionNo
Number Of Units Total18
Occupancy TypeOwner
Operating Expense147081.0
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat, Shingle
Security FeaturesKeyCardEntry
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount32508.0
Trash Expense6283.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Water Sewer Expense11156.0
Waterfront Y/NNo
Year Built1985
Year Built SourceAssessor
ZoningR3-1
Exterior for 7025 Vassar Avenue
Building Area Total16106.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions187x75
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.323
Lot Size Area14070.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate