7342 Haskell Ave Active

Van Nuys,CA 91406

$ 7250000

36 Beds

36 Baths

24349 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 24,349 sqft

Price per Sqft $297

MLS Listing ID 24-465779

Bedrooms 36

Year Built 1986

Lot Size 0.387 Acres

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 Lake Balboa

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Equipment Elevator

Exterior

Parking Features Controlled Entrance

Garage Spaces 39.0

Building

Story 3

Others

Special Listing Condition Standard

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