7356 Haskell Ave - Apartments FOR SALE


Van Nuys, CA 91406
$3,995,000 USD
213-797-7187
7356 Haskell Ave, Van Nuys, CA for Sale
$3,995,000 USD
Apartments - FOR SALE
1/6
null | 5.04% Cap Rate

7356 Haskell Ave
Van Nuys, CA 91406


HIGHLIGHTS

  • 21-Unit Value-Add Multifamily Investment Opportunity in Prime Van Nuys Location
  • Prominent Corner-Lot Property Situated on a 17,011 SF LAR3-Zoned Parcel
  • Recent Capital Improvements! Soft-Story Retrofit Completion, Updated Electrical Panels, Plumbing Repiping, Electric Water Heaters,Upgraded Pool Equip.
  • Attractive Amenities Including Covered Swimming Pool, Gated Parking, and 21 On-Site Parking Spaces
  • Convenient Access to the 405 Freeway, Major Employment Centers, Retail, Dining, and Public Transportation Throughout the San Fernando Valley
  • Two vacant 1 bedroom/1 bathroom units - Immediate rental income upside!

OVERVIEW

7356 Haskell Avenue presents an outstanding opportunity to acquire a well-maintained 21-unit multifamily investment in the heart of Van Nuys, one of the San Fernando Valley's strongest and most established rental markets. Situated on a 17,011 SF LAR3-zoned corner parcel, the property consists of approximately 15,192 rentable square feet and features an attractive unit mix of four 2-bedroom/2-bath units, one 2-bedroom/1-bath unit, fifteen 1-bedroom/1-bath units, and one studio. The property offers investors immediate cash flow with significant upside through continued unit turnover and rental growth. Residents enjoy desirable amenities including a covered swimming pool, 21 on-site parking spaces (including an enclosed two-car garage), gated access, and on-site laundry facilities. Ownership has completed several major capital improvements, including the soft-story retrofit, updated electrical panels, plumbing repiping, electric water heaters in the units, and upgraded pool equipment, helping reduce future capital expenditures. Ideally located with convenient access to the 405 Freeway, major employment centers, public transportation, shopping, dining, and everyday conveniences, 7356 Haskell Avenue offers investors a rare combination of stable in-place income, value-add potential, and long-term appreciation in one of Los Angeles' most resilient multifamily submarkets. 5% CAP & 9.6 GRM is based on Buyer Potential with vacant units rented. Buyer to verify all information deemed important. All data including square footage, lot size, room dimensions, and property boundaries are approximations only and should be independently verified by the buyer.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$263 USD /SF

# OF UNITS

21

PRICE/UNIT

$190,238

CAP RATE

5.04%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7356 Haskell Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

17,011 SF

ZONING

LAR3

APN/PARCEL ID

2206-029-008

ASK ABOUT THIS PROPERTY

Yitzy DavisTotal Realty GroupMore Info
213-797-7187

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Yitzy DavisTotal Realty GroupMore Info
213-797-7187

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