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6590 Hazeltine Avenue

Los Angeles, CA 91401
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Bed 35

Bed

Bath 30

Bath

SqFt18,080

Sqft

SqFt16,448

Sqft(Lot)

6590 Hazeltine Ave presents an exceptional opportunity to acquire a well-maintained 14-unit apartment community ideally located in the heart of Valley Glen, one of the San Fernando Valley's most established and tightly held residential submarkets. Built in 1988, this offering stands apart for the sheer scale of its residences a rare collection of oversized two and three bedroom floor plans that live more like townhomes than apartments, in a submarket where large-format rental product of this caliber almost never trades.Situated on a 16,443 square foot lot, the property totals 18,080 square feet of gross building area, averaging an exceptional 1,291 square feet per unit across a single building. The asset features a unit mix of seven (7) two bedroom, two bath units, five (5) three bedroom, two bath units, and two (2) three bedroom, three bath units with every residence in the building delivering two or more bedrooms and two or more bathrooms, a floor plan composition rarely assembled in the Valley Glen submarket.In-place rents generate a scheduled monthly income of $40,984 and scheduled yearly income of $491,808, with laundry income contributing an additional $4,800 annually supporting durable, diversified cash flow at the property. Notably, the offering will be delivered with eight (8) vacant units, affording an incoming investor immediate operational flexibility across the majority of the building from day one. The property operates under California's AB 1482 statewide rent cap framework.Valley Glen's enduring residential appeal further strengthens the investment profile of 6590 Hazeltine Ave. The property is embedded within a tree-lined neighborhood anchored by Los Angeles Valley College and the landmark Great Wall of Los Angeles along the Tujunga Wash Greenway. The location offers convenient access to the shops, dining, and entertainment of the NoHo Arts District, Westfield Fashion Square, and the Ventura Boulevard corridor in neighboring Sherman Oaks. Proximity to the 101, 170, and 405 freeways and major employment hubs across the Burbank Media District, Van Nuys Civic Center, and Kaiser Permanente Panorama City supports sustained rental demand at the property.With its prime Hazeltine Avenue address, exceptionally large two and three bedroom floor plans, strong in-place income, gated parking and on-site laundry, and eight vacant units offering immediate flexibility 6590 Hazeltine Ave represents a rare opportunity to acquire a pride-of-ownership asset in one of the most stable and enduring residential submarkets in the San Fernando Valley.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $4,995,000

AD Id : 88459338

MLS Id : 26864985

Beds : 35

Lot Size : 16,448 Sqft

Living Area Size : 18,080

Year Built : 1988

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 35

    Bathroom Information

    Total Baths: 30

  • Building Information

    Year Built: 1988
    Building Area Total: 18080
    Private Pool: No

  • Lot Information

    Main Square Feet: 16448 Lot Size Acres: 0.3776 Lot Size Square Feet: 16,448

  • Listing Price Information

    Listing Price: $4995000
    Original Price: $5275000

  • Tax Information

    Parcel Number: 2238002036

  • Location Information

    Direction: On Hazeltine Ave
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
13326 Bessemer Street, Valley Glen, CA, 91401 $1,095,000 3 2 1,661 1,661 SqFt
6619 Sunnyslope Avenue, Los Angeles, CA, 91401 $1,100,000 3 2 1,551 1,551 SqFt
5640 Greenbush Avenue, Los Angeles, CA, 91401 $1,319,000 3 2 1,754 1,754 SqFt
13359 Chandler Boulevard, Los Angeles, CA, 91401 $4,995,000 5 7 6,027 6,027 SqFt
5526 Greenbush Avenue, Los Angeles, CA, 91401 $1,250,000 3 2 1,825 1,825 SqFt
5904 Mammoth Avenue, Los Angeles, CA, 91401 $1,099,000 4 2 1,990 1,990 SqFt
5623 Woodman Avenue, Los Angeles, CA, 91401 $975,000 5 4 2,354 2,354 SqFt
5509 Woodman Avenue, Los Angeles, CA, 91401 $1,999,000 5 6 2,975 2,975 SqFt
14137 Hamlin Street, Los Angeles, CA, 91401 $899,000 2 2 1,522 1,522 SqFt
14022 Margate Street, Los Angeles, CA, 91401 $1,195,000 3 3 1,886 1,886 SqFt

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ByOwner last updated this listing 08/20/2026 @ 19:41

MLS: 26864985 LISTED BY: John Boyett, CBRE SOURCE: CRMLS

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