7342 Haskell Avenue Active

Van Nuys (los Angeles),CA 91406

$ 7250000

- Bed

0 Bath

24349 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 24,349 sqft

Price per Sqft $297

MLS Listing ID CL24465779

HOA Y/N No

Year Built 1986

Lot Size 0.387 Acres

Acres 0.39

Property Description

The Haskell Apartments, located at 7342 Haskell Avenue in the Lake Balboa community, property offers investors a rare opportunity to acquire a renovated and upgraded 21-unit multifamily property with an excellent opportunity to add five 1+1 ADUs while maintaining adequate parking.Built in 1986, the building has undergone approximately $500,000 in capital improvements, including new roof, new elevator, fresh exterior paint, upgraded hallway flooring, new lobby tile, security camera installation and modern interior sconce lighting.***Opportunity to add Five 1+1 ADUs adding $1,176,002 in immediate value***Constructed in 1986, the property falls under SB1482 State Rent Control, 5% + CPI rent increases allowed***Approximately $500,000 has been invested in capital improvements to enhance the building***New Roof, New Elevator***18 of the 21 units have been upgraded***Over 70% 2+2 units***Contact us for an OM***

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Heating Other

Fireplace No

Building

New Construction No

Others

Tax ID 2206029022

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