7407 Haskell Ave Active Save Request In-Person Tour Request Virtual Tour
Van Nuys,CA 91406
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,224 sqft
Price per Sqft $417
MLS Listing ID 24-441479
Bedrooms 16
Construction Status Updated/Remodeled
Year Built 1986
Lot Size 6,762 Sqft
Acres 0.1555
Property Description
This 8 unit property is located in Van Nuys near the corner of Sherman Way and the 405 freeway.Built in 1986, this building is exempt from the LA Rent Stabilization Ordinance (RSO) and has an attractive unit mix of all 2 bedroom units. Additionally, there is an assumable loan at 4.55% interest only fixed until July 2027. Priced at a 5.58% CAP, which includes the two vacant units with Section 8 rents, there is approximately 33% in rental upside.The sellers have fully remodeled all of the units with new paint, flooring, countertops, and appliances. In addition, they've replaced 2 of the 8 HVAC condensers, painted the exterior of the building, installed artificial grass in the front, and installed security cameras throughout the building.
Location
State CA
County Los Angeles
Area Lake Balboa
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Central, Fireplace
Cooling Air Conditioning
Fireplaces Type Living Room
Equipment Refrigerator, Range/Oven, Dishwasher, Hood Fan, Freezer
Exterior
Parking Features Attached, Covered Parking, Assigned
Garage Spaces 15.0
Building
Lot Description Landscaped
Story 2
Level or Stories Two
Construction Status Updated/Remodeled
Others
Special Listing Condition Standard