Under Contract

6240 Hazeltine Avenue

Van Nuys, CA 91401
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Bed 8

Bed

Bath 4

Bath

SqFt2,784

Sqft

SqFt10,107

Sqft(Lot)

Rare LAR3 zoned development or value add income opportunity in a prime pocket of Van Nuys. This property features four 2 bed 1 bath cottage style units with three detached buildings offering private entries and attached 1 car garages. Sitting on an oversized 10,107 square foot lot measuring approximately 50 feet wide by 202 feet deep. The rear unit has a large private backyard and will be delivered vacant which is ideal for an owner user or a premium tenant. All units are currently occupied on month to month leases with consistent paying tenants generating $4231 per month with market rents supporting approximately $9,500 per month before renovations. There is meaningful upside potential for investors seeking immediate reposition opportunities. The units are separately metered for gas and e lectricity which adds operational flexibility for long term investors or owner users. For developers the oversized R3 lot supports approximately 12 units by right and up to approximately 20 units with TOC Tier 3 incentives which the buyer should verify. The depth of the lot provides excellent design flexibility for efficient massing site plans and potential ADU additions or small scale expansion which the buyer should verify. The property is located south of Victory Boulevard and east of Van Nuys Boulevard with close proximity to freeways schools retail transit and major employment hubs.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,049,000

AD Id : 65368380

MLS Id : OC25130493

Beds : 8

Lot Size : 10,107 Sqft

Living Area Size : 2,784

Year Built : 1955

Garage : 4

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1955 Building Area Total: 2,784
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.232
  • Lot Size Source: Assessor Lot Size Square Feet: 10107

  • Listing Price Information

    Original List Price: 1,049,000 Listing Contract Date: 2025-06-15
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 2239013001

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: VN - Van Nuys Postal Code Plus 4: 2231 Directions: South of Victory & East of Van Nuys Zoning: LAR3 Source Property Type: Residential Income Area: VN - Van Nuys Property SubType: Quadruplex
  • Building and Construction

    Property Age: 71 Common Walls: 1 Common Wall Structure Type: Quadruplex Year Built Source: Assessor Entry Level: 1 Entry Location: Multiple Entrance Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
13822 Oxnard, Van Nuys, CA, 91401 $2,950,000 16 16 7,180 7,180 SqFt
14143 Victory Boulevard, Van Nuys, CA, 91401 $1,400,000 6 6 3,345 3,345 SqFt

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ByOwner last updated this listing 06/18/2026 @ 19:19

MLS: OC25130493 LISTED BY: Samuel Woldeyesus, Compass 310-230-5478 SOURCE: CRMLS

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