7342 Haskell AVE new Save Request In-Person Tour Request Virtual Tour
Van Nuys,CA 91406
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 24,349 sqft
Price per Sqft $297
MLS Listing ID 24465779
Bedrooms 36
Year Built 1986
Lot Size 0.386 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 Lkbl - Lake Balboa
Zoning LAR3
Interior
Heating Central
Exterior
Garage Controlled Entrance
Building
Story 3
New Construction No
Others
Special Listing Condition Standard