$3,875,000
$4,200,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
0.32 Acres Lot
SOLD DATE : 08/22/2025
Key Details
Sold Price $3,875,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC25091391
Sold Date 08/22/25
HOA Y/N No
Year Built 1985
Annual Tax Amount $32,508
Lot Size 0.323 Acres
Property Sub-Type Multi Family
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.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning R3-1
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Laundry Common Area, See Remarks
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Flat,Shingle
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 2138002022
Security Features Key Card Entry
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Aaron Jacobson Lyon Stahl Investment Real Estate, Inc.
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License ID: 01964485