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$ 7,250,000
Est. payment /mo
New
20951 Roscoe Boulevard Canoga Park, CA 91304
6 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25198093
Bedrooms 6
Property Sub-Type Res Income 2-4 Units
Property Description
Nestled at 20951 Roscoe Blvd in the heart of vibrant Canoga Park, California, Vista Garden Apartments is an exceptional 34-unit multifamily property. This well-maintained, value-add asset combines timeless appeal with significant upside 27% potential, offering investors a rare opportunity to own a standout property in a thriving market. Constructed in 1963, this two-story, garden-style complex encompasses 34,370 SF, with a lot that spans over 0.81 acres, exuding vintage charm while incorporating modern upgrades that elevate its desirability in the competitive San Fernando Valley rental market. Vista Garden Apartments offers a diverse unit mix, including studio, one-bedroom, two-bedroom, and three-bedroom residences, with 88% comprising spacious two-bedroom, two-bath layouts designed for modern comfort. The property enhances tenant convenience with two on-site laundry facilities, eliminating the need for off-site visits. Security is prioritized with controlled access entry and secured parking featuring assigned spaces, ensuring peace of mind. A sparkling swimming pool, enveloped by lush tropical landscaping, creates an inviting oasis for relaxation. Constructed with durable wood-frame architecture and equipped with efficient forced-air heating, the property has benefited from recent capital improvements, including a soft-story retrofit, improved patios, and remodeled interiors in select units. These upgrades help minimize immediate maintenance costs, allowing investors to focus on strategic, value-enhancing initiatives to maximize returns. The residences at Vista Garden Apar
Location
State CA
County Los Angeles
Zoning Public Rec
Direction 20951 Roscoe Blvd. Canoga Park, CA 91304
Interior
Fireplace No
Exterior
Pool Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 2779007018
Virtual Tour https://youtu.be/ewfEJqUDspY

Listed by Raymond Rodriguez Equity Union