$7,250,000

Estimated payment $46,448/month

Total Views 247
6 Beds
6 Baths
34,370 Sq Ft
$211 Price per Sq Ft

Highlights

  • Gated Parking
  • Community Pool
  • Rectangular Lot
  • 0.81 Acre Lot
  • Laundry Room

About This Home

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 Apartments boast refined interiors designed for modern living. Each upgraded unit features elegant hardwood-inspired flooring, sleek granite countertops, and premium stainless-steel appliances, including gas stoves and dishwashers. Spacious closets with sliding mirror doors and central air conditioning enhance comfort, while large windows flood the spaces with natural light. Ground-floor units include expansive private patios, perfect for outdoor relaxation, and select second-floor units offer generous balconies for elevated living.

Listing Agent

Raymond Rodriguez

Equity Union Brokerage Phone: 818-581-5829 License #01402283 Listed on: 09/03/2025

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.81 Acre Lot
  • Two or More Common Walls
  • Rectangular Lot

Home Design

  • Apartment

Interior Spaces

  • 34,370 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 34 Parking Spaces
  • Parking Available
  • Gated Parking

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 22040
  • Assessor Parcel Number 2779007018
  • Seller Considering Concessions

Community Details

Recreation

  • Community Pool

Building Details

  • Rent Control
  • 34 Separate Electric Meters
  • 34 Separate Gas Meters
  • Operating Expense $372,085
  • Gross Income $817,799
  • Net Operating Income $421,181

Additional Features

  • 34 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • CapRate: 5.81
  • Price Per Unit: 213235
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2779007018
  • Year Built: 1963
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 210.94

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated
  • Total Parking Spaces: 34.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 35494.00
  • Lot Size Acres: 0.8148
  • Latitude Manual: 34.22024700

Multi Family

  • Gross Income: 817799.00
  • Gross Multiplier: 8.87
  • Gross Scheduled Income: 817799.00
  • Lot Size Area: 35494.0000 Square Feet
  • Net Operating Income: 421181.00
  • Number Of Separate Electric Meters: 34
  • Number Of Separate Gas Meters: 34
  • Number Of Units Total: 34
  • Operating Expense: 372085.00
  • Rent Control: Yes
  • Total Expenses: 372085.00

Tax Info

  • Tax Census Tract: 1132.34
  • Tax Lot: 2
  • Tax Tract Number: 22040

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $7,250,000 -- $211 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25198093

California Regional Multiple Listing Service (CRMLS)