7237 Variel Ave
Canoga Park, CA 91303
-- Bed
40 Baths
23,413 Sq Ft
14 Days on Market
For Sale $5,150,000
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Save
Courtesy of David Ballin Kaufman

Listing Agent & Comments

David KaufmanDavid Ballin Kaufman
818-464-3212David@TamarackRES.com License #01217537
Variel Towers, a 25-unit apartment building, is comprised of four (4) 1 bedroom + 1 bath units, six (6) 2 bedroom + 1 bath units, ten (10) 2 bedroom + 2 bath units, five (5) 3 bedroom + 2 bath units. This hidden gem offers a quiet, landscaped central courtyard, private balconies/patios and spacious floorplans, and most units feature wood flooring and ceiling fans. Less than one mile from Warner Center, Westfield Topanga, and the Village, Variel Towers has a prime south San Fernando Valley location. The building is also proximate to Woodland Hills, Calabasas, Pierce College, Ventura Blvd, and the 101 Freeway, with various public transportation options nearby, as well. Variel Towers is fully gated and secure, with 23 car covered parking in rear. The building has a laundry room on-site and is separately metered for gas and electric. Rents are currently below market, with excellent +40% upside. The current Cap Rate is 6.00% and current GRM is 9.74.

MLS# 25484897 • Data provided by CRMLS
Additional home details
Living Area23,413 Sq.Ft.
Lot Size0.6 Acres
Total Rooms--
Bedrooms--
Bathrooms40
Stories2
Year Built1962
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$71,170
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$5,066,975
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
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HouseCanary, Inc. Brokerage

7237 Variel Ave., Canoga Park, CA 91303

Multifamily
-- Bed
40 Baths
23,413 Sq Ft
14 Days on Market

Listing Agent & Comments

David KaufmanDavid Ballin Kaufman
818-464-3212David@TamarackRES.com License #01217537
Variel Towers, a 25-unit apartment building, is comprised of four (4) 1 bedroom + 1 bath units, six (6) 2 bedroom + 1 bath units, ten (10) 2 bedroom + 2 bath units, five (5) 3 bedroom + 2 bath units. This hidden gem offers a quiet, landscaped central courtyard, private balconies/patios and spacious floorplans, and most units feature wood flooring and ceiling fans. Less than one mile from Warner Center, Westfield Topanga, and the Village, Variel Towers has a prime south San Fernando Valley location. The building is also proximate to Woodland Hills, Calabasas, Pierce College, Ventura Blvd, and the 101 Freeway, with various public transportation options nearby, as well. Variel Towers is fully gated and secure, with 23 car covered parking in rear. The building has a laundry room on-site and is separately metered for gas and electric. Rents are currently below market, with excellent +40% upside. The current Cap Rate is 6.00% and current GRM is 9.74.

MLS# 25484897 • Data provided by CRMLS
Additional home details
Living Area23,413 Sq.Ft.
Lot Size0.6 Acres
Total Rooms--
Bedrooms--
Bathrooms40
Stories2
Year Built1962
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$71,170
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $5,150,000
Request tour
Save
Courtesy of David Ballin Kaufman
7237 Variel Ave
Canoga Park, CA 91303
-- Bed
40 Baths
23,413 Sq Ft
14 Days on Market

Listing Agent & Comments

David KaufmanDavid Ballin Kaufman
818-464-3212David@TamarackRES.com License #01217537
Variel Towers, a 25-unit apartment building, is comprised of four (4) 1 bedroom + 1 bath units, six (6) 2 bedroom + 1 bath units, ten (10) 2 bedroom + 2 bath units, five (5) 3 bedroom + 2 bath units. This hidden gem offers a quiet, landscaped central courtyard, private balconies/patios and spacious floorplans, and most units feature wood flooring and ceiling fans. Less than one mile from Warner Center, Westfield Topanga, and the Village, Variel Towers has a prime south San Fernando Valley location. The building is also proximate to Woodland Hills, Calabasas, Pierce College, Ventura Blvd, and the 101 Freeway, with various public transportation options nearby, as well. Variel Towers is fully gated and secure, with 23 car covered parking in rear. The building has a laundry room on-site and is separately metered for gas and electric. Rents are currently below market, with excellent +40% upside. The current Cap Rate is 6.00% and current GRM is 9.74.

MLS# 25484897 • Data provided by CRMLS
Additional home details
Living Area23,413 Sq.Ft.
Lot Size0.6 Acres
Total Rooms--
Bedrooms--
Bathrooms40
Stories2
Year Built1962
Property TypeMultifamily
ZoningLAR3
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$71,170
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$5,066,975
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $5,150,000
Request tour
Save
Courtesy of David Ballin Kaufman