Thank you
Roderick 'rick' Raymundo
Marcus & Millichap
818-212-2700
Featuring spacious floorplans and a unit mix that contains nearly all two- and three-bedroom apartments, the property spans 12,568 gross square feet. The building occupies a corner lot near the intersection of Sherman Way and Haskell Avenue. The current owner has installed full copper plumbing, replaced nearly every window in the building, and upgraded the main electric panel. A new investor may be able to use existing permits to complete two ADUs, which may also remove the need for any seismic retrofit repairs (Buyer to verify). Every unit interior has been renovated with decorative tile flooring, granite countertops, and remodeled bathrooms. The city of Van Nuys and the Northeast San Fernando Valley posted a vacancy rate of less than three percent in the second quarter of 2023. Aside from the dense New York City boroughs, this vacancy rate sits among to lowest in the entire country among submarkets that contain at least 60,000 units. With relatively few new residential projects slated for the next two years, it is expected that these strong occupancy rates will remain, to the benefit of local landlords.
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Total Bedrooms : 26
Total Baths: 24
Full Baths: 0
Half Baths: 0
Year Built: 1963
Building Area Total: 12,568
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.3196
Lot Size Source: Assessor
Lot Size Square Feet: 13921
Original List Price: 3,499,000
Listing Contract Date: 2024-01-09
Listing Agreement: Exclusive Right To Sell
Parcel Number: 2206028013
Garage Description: Assigned
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: LKBL - Lake Balboa
Postal Code Plus 4: 3218
Directions: We are pleased to announce the opportunity to purchase 7454 Haskell Avenue, a 13-unit multifamily property located in the Lake Balboa neighborhood of Van Nuys, CA.
Zoning: LAR3
Source Property Type: Residential Income
Area: LKBL - Lake Balboa
Property Age: 61
Year Built Source: Vendor Enhanced
Total Square Feet Living: 12568
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
17119 Saticoy Street, Van Nuys, CA,91406 | $1,100,000 | 7 | 4 | 2,633 | 6959 Sqft |
7135 Firmament Avenue #11, Van Nuys, CA,91406 | $460,000 | 2 | 2 | 961 | 73644 Sqft |
6614 Balboa Blvd., Van Nuys, CA,91406 | $1,879,000 | 8 | 7 | 3,919 | 6120 Sqft |
15441 Archwood Street, Van Nuys, CA,91406 | $799,900 | 2 | 1 | 1,252 | 5000 Sqft |
15944 Hart Street, Van Nuys, CA,91406 | $1,099,000 | 4 | 3 | 1,714 | 8590 Sqft |
6512 Firmament Avenue, Van Nuys, CA,91406 | $1,895,000 | 4 | 4 | 4,523 | 14861 Sqft |
16015 Kittridge Street, Van Nuys, CA,91406 | $970,000 | 3 | 1 | 1,702 | 5004 Sqft |
16919 Lorne Street, Van Nuys, CA,91406 | $929,999 | 3 | 2 | 1,510 | 5804 Sqft |
15946 Sherman Way #12, Van Nuys, CA,91406 | $600,000 | 4 | 3 | 1,395 | 18186 Sqft |
7035 Woodley Avenue #212, Van Nuys, CA,91406 | $415,000 | 2 | 2 | 786 | 37720 Sqft |
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ByOwner last updated this listing 05/06/2024 @ 12:16
MLS: 24345901
LISTED BY: Roderick 'Rick' Raymundo, Marcus & Millichap
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.