Van Nuys, CA 91406,7454 Haskell Ave
Van Nuys, CA 91406,7454 Haskell Ave
Van Nuys, CA 91406,7454 Haskell Ave
Van Nuys, CA 91406,7454 Haskell Ave
Van Nuys, CA 91406,7454 Haskell Ave
Van Nuys, CA 91406,7454 Haskell Ave
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$ 3,499,000
Est. payment | /mo

26 Beds

24 Baths

12,568 SqFt


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$ 3,499,000
Est. payment | /mo
Save

26 Beds

24 Baths

12,568 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,568 sqft

Price per Sqft $278

MLS Listing ID 24-345901

Bedrooms 26

Year Built 1963

Lot Size 0.320 Acres

Acres 0.3197

Property Description

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.

Location

State CA

County Los Angeles

Area Lake Balboa

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Garage Assigned

Garage Spaces 16.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Marcus & Millichap
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1300 Eastman Ave, Ventura, California, 93003

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7454 Haskell Ave