$7,250,000
For Sale

7342 Haskell Avenue

Van Nuys, CA 91406
24349 sqft | 36 beds | 0.39 acres | #24465779
Listing OfficeKW Advisors
Browse 11 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

The Haskell Apartments, located at 7342 Haskell Avenue in the Lake Balboa community, property offers investors a rare opportunity to acquire a renovated and upgraded 21-unit multifamily property with an excellent opportunity to add five 1+1 ADUs while maintaining adequate parking.Built in 1986, the building has undergone approximately $500,000 in capital improvements, including new roof, new elevator, fresh exterior paint, upgraded hallway flooring, new lobby tile, security camera installation and modern interior sconce lighting.***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***Contact us for an OM***

  • Interior Details
      • Bedrooms36
  • Property Details
      • Stories3
    • Measurements
      • Acres0.3865
      • Square Feet24349
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1986
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$7,250,000
  • Other
      • MLS #24465779

Location

Gary ElminoufiReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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