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7437 Haskell Avenue

Van Nuys, CA 91406
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Bed 10

Bed

Bath 0

Bath

SqFt8,830

Sqft

SqFt6,764

Sqft(Lot)

Due to its construction in 1987, the property is not subject to Los Angeles rent control and instead allows for higher annual rent increases via AB 1482. Given its attractive 6.46% CAP Rate, the asset offers an investor both strong immediate cash flow as well as the opportunity to increase future income more rapidly without the restrictions of Los Angeles rent control. With spacious one-bedroom floorplans averaging approximately 875 square feet each, the property can more easily attract higher-paying tenants. Its array of desirable amenities, including central air/heat, private balconies, and on-grade garage parking, allow the building to achieve more premium rents than competing apartments in the local area. Several of the units have already been thoroughly upgraded, saving an owner f rom future renovation costs while providing a clear blueprint for remodeling the remaining apartments. Interior upgrades in renovated units include wood flooring, stone countertops, stainless steel appliances, recessed lighting, and new ceiling fans. The building does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, saving an investor from an otherwise costly maintenance expense. Located near the intersection of Sherman Way and Haskell Avenue, the property offers residents incredibly easy access to the 405 Freeway, connecting tenants to various job centers and retail destinations throughout the San Fernando Valley and Greater Los Angeles Metro area.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,550,000

AD Id : 84713873

MLS Id : 26845473

Beds : 10

Lot Size : 6,764 Sqft

Living Area Size : 8,830

Year Built : 1987

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 10

    Bathroom Information

    Total Baths: 10 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1987 Building Area Total: 8,830

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1553
  • Lot Size Source: Assessor Lot Size Square Feet: 6764

  • Listing Price Information

    Original List Price: 2,550,000 Listing Contract Date: 2026-06-12
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2206027030

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: LKBL - Lake Balboa Directions: We are pleased to announce the opportunity to purchase 7437 Haskell Avenue, a 10-unit multifamily property located in the Lake Balboa neighborhood of Van Nuys, CA. Zoning: LAR3 Source Property Type: Residential Income Area: LKBL - Lake Balboa
  • Building and Construction

    Property Age: 39 Year Built Source: Vendor Enhanced Total Square Feet Living: 8830 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
15358 Cohasset, Van Nuys, CA, 91406 $1,698,900 5 4 2,901 2,901 SqFt
15329 Vose Street, Van Nuys, CA, 91406 $6,500,000 48 -- 24,952 24,952 SqFt
7667 Chisholm Avenue, Van Nuys, CA, 91406 $990,000 4 2 --
15513 Cohasset Street, Van Nuys, CA, 91406 $869,000 3 2 1,299 1,299 SqFt
15337 Lemay Street, Van Nuys, CA, 91406 $1,550,000 6 4 2,680 2,680 SqFt
15556 Valerio, Van Nuys, CA, 91406 $1,100,000 3 3 1,860 1,860 SqFt
6448 Peach Avenue, Van Nuys, CA, 91406 $1,440,000 4 3 3,044 3,044 SqFt
7524 Haskell, Van Nuys, CA, 91406 $3,700,000 -- -- 11,795 11,795 SqFt
15455 Vanowen, Van Nuys, CA, 91406 $2,750,000 -- -- 8,238 8,238 SqFt
15445 Archwood Street, Van Nuys, CA, 91406 $850,000 3 1 1,162 1,162 SqFt

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ByOwner last updated this listing 06/13/2026 @ 16:19

MLS: 26845473 LISTED BY: Roderick 'Rick' Raymundo, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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