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$7,250,000
Est. payment /mo
24,349 SqFt
New
7342 Haskell Avenue Van Nuys (los Angeles), CA 91406
UPDATED:
11/21/2024 10:17 PM
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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Listed by Kelly Morgan • KW Advisors