20951 Roscoe Boulevard

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.