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7342 Haskell Ave
Van Nuys, CA 91406 Van Nuys

$7,250,000 USD

Apartments For Sale  •  24,349 SF

Property Details

  • Property Type Apartments
  • Total Building Size 24,349 SF
  • Lot Size 0.39 AC
  • Building Class C
  • Year Built 1986
  • Cap Rate 4.47 %
  • Zoning R3-1, Los Angeles
47 Transit Score
60 Walk Score

Highlights

Opportunity to add Five 1+1 ADUs adding $1,176,002 in immediate value
Constructed in 1986, the property falls under SB1482 State Rent Control, 5% + CPI rent increases allowed
Approximately $500,000 has been invested in capital improvements to enhance the building
New Roof, New Elevator
18 of the 21 units have been upgraded
Over 70% 2+2 units
Cap Rate: 4.47 %

Amenities

  • Balcony
  • Laundry Facilities
  • Security System
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 5 min - 2.3 mi
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 5.8 mi
AirportDriveWalkDistance
Bob Hope 13 min - 6.9 mi
Los Angeles International 28 min - 20.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 39
Type: Covered
Included in Rent: Yes
Kelly Morgan 310-836-3638 Kelly Morgan Commercial Group
Kelly Morgan 310-836-3638 Kelly Morgan Commercial Group