5742 Hazeltine Ave - Apartments FOR SALE


Van Nuys, CA 91401
$1,395,000 USD
818-381-6601
5742 Hazeltine Ave, Van Nuys, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/23
null | 5.59% Cap Rate

5742 Hazeltine Ave
Van Nuys, CA 91401


HIGHLIGHTS

  • High Demand Rental Location
  • On-Site Parking
  • On-Site Laundry
  • Short Distance To I-405 & 101 Freeways
  • Individually Metered For Gas & Electric

OVERVIEW

Located in the heart of Van Nuys, 5742 Hazeltine Avenue offers a rare chance to acquire a well-maintained multifamily property in one of Los Angeles’ most in-demand rental submarkets. This six-unit apartment complex sits on a quiet, tree-lined street with alley access and ample on-site parking—a major advantage for tenants in this high-density neighborhood. The unit mix is both diverse and income-generating: (1) 1-bed/1-bath, (1) 2-bed/1-bath, (3) 2-bed/2-bath, and (1) 3-bed/2-bath. This layout appeals to a wide range of renters, from single professionals and couples to growing families. Each unit is individually metered for gas and electricity, giving landlords more control over operational costs and increasing tenant accountability. Recent plumbing upgrades completed within the last three years reduce future maintenance burdens and enhance long-term reliability. Tenants benefit from convenient on-site laundry facilities and dedicated parking, while alley access simplifies vehicle flow and property management. Located just minutes from both the 101 and 405 freeways, the building offers quick access to all of Los Angeles—ideal for commuting tenants. Additionally, Los Angeles Valley College is just blocks away, attracting student renters and academic professionals alike. The location is a shopper’s dream, with Westfield Fashion Square, Costco Wholesale, Target, and countless dining options all within a short drive. Public transit is easily accessible, making it ideal for residents who commute via bus or Metro. This central Valley location consistently delivers strong rental demand, low vacancy rates, and long-term stability—an excellent opportunity for both seasoned investors and first-time buyers. Whether you’re looking to expand your portfolio or secure a stable cash-flowing asset, 5742 Hazeltine Ave checks all the boxes. Don’t miss your chance to invest in one of Van Nuys’ most promising multifamily properties.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$233 USD /SF

# OF UNITS

6

PRICE/UNIT

$232,500

CAP RATE

5.59%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,996 SF

ZONING

LARD1.5

APN/PARCEL ID

2246-017-002

ASK ABOUT THIS PROPERTY

James AntonucciAPLA GROUPMore Info
818-381-6601

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James AntonucciAPLA GROUPMore Info
818-381-6601

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.