5742 Hazeltine Avenue Pending

Van Nuys (los Angeles),CA 91401

$ 1395000

- Bed

0 Bath

5708 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 5,708 sqft

Price per Sqft $244

MLS Listing ID CRSR25122951

HOA Y/N No

Year Built 1957

Lot Size 6,995 Sqft

Acres 0.16

Property Sub-Type Other

Property Description

Presenting an exceptional opportunity to acquire a well-maintained 6-unit multifamily property at 5742 Hazeltine Ave, nestled in the heart of Van Nuys, CA. This two-story building, constructed in 1957, encompasses approximately 5,708 square feet on a 7,000+ sq. ft. lot, offering a desirable unit mix of one 1-bedroom/1-bath and five 2-bedroom/2-bath units. Each unit is individually metered for gas and electricity, providing operational efficiency for investors. Recent upgrades include plumbing enhancements completed within the last three years, ensuring reduced maintenance costs and increased tenant satisfaction. The property features on-site laundry facilities, dedicated parking accessible via the rear alley, and a well-maintained exterior, contributing to its strong curb appeal. Strategically located, the property offers unparalleled access to major transportation routes, including the I-405 and US-101 freeways. Residents benefit from proximity to Los Angeles Valley College, Westfield Fashion Square, Costco Wholesale, and a variety of shopping and dining options. The neighborhood boasts a Walk Score of 80, indicating a highly walkable area with convenient access to public transit and local amenities. This asset presents significant rental upside potential in a high-demand rental

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplace No

Laundry Common Area,Other

Building

New Construction No

Others

Tax ID 2246017002

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