7407 Haskell Avenue
Van Nuys, CA 91406
Active for $2,600,000
Beds: 16 Baths: 12 Structure Size: 6,224 sqft Lot Size: 6,762 sqft
| MLS | 24441479 |
| Year Built | 1986 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $2,600,000 |
| Structure Size | 6,224 sqft |
| Lot Size | 6,762 sqft |
| Beds | 16 |
| Baths | 12 |
Description
This 8 unit property is located in Van Nuys near the corner of Sherman Way and the 405 freeway.Built in 1986, this building is exempt from the LA Rent Stabilization Ordinance (RSO) and has an attractive unit mix of all 2 bedroom units. Additionally, there is an assumable loan at 4.55% interest only fixed until July 2027. Priced at a 5.58% CAP, which includes the two vacant units with Section 8 rents, there is approximately 33% in rental upside.The sellers have fully remodeled all of the units with new paint, flooring, countertops, and appliances. In addition, they've replaced 2 of the 8 HVAC condensers, painted the exterior of the building, installed artificial grass in the front, and installed security cameras throughout the building.
Listing information courtesy of: Henry Garcia, Real Broker . *Based on information from the Association of REALTORS/Multiple Listing as of 11/12/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Lucy Mekhael
Broker Associate
Direct: 818.577.0851
Email: Email Me
DRE: 02185026
DRE #01873088
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