7237 VARIEL AVE Canoga Park, CA 91303

Variel Towers is a 25-unit multifamily property that contains mostly two and three bedroom units. Constructed in 1962 with a courtyard-style layout, the building includes 23,413 rentable square feet on a 27,420 square foot parcel. The apartment units surround a spacious, landscaped courtyard, while covered parking for 23 vehicles is located in the rear. The owner recently repiped the entire building with copper plumbing. The building exterior was recently updated with two-tone paint, new landscaping, new driveway concrete, and new unit doors. Most unit interiors feature wood laminate flooring and ceiling fans, while each unit is separately metered for gas and electricity. An on-site laundry room provides the owner with additional income.