CA > Van Nuys
Van Nuys, CA 91406,7407 Haskell Ave
Van Nuys, CA 91406,7407 Haskell Ave
Van Nuys, CA 91406,7407 Haskell Ave
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$2,600,000
Est. payment /mo
16 Beds
12 Baths
6,224 SqFt
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UPDATED:

09/26/2024 07:01 AM

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

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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