7407 Haskell Avenue, Van Nuys, CA 91406

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Property 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.


Interior Features

Bedroom Information
Bedrooms 16
Bathroom Information
Bathrooms 12

Listing Information

Address 7407 Haskell Avenue
City Van Nuys
State CA
Zip 91406
County Los Angeles
Listing Agent Henry Garcia DRE #01303784
Co-Listing Agent Phuong Lynn Tran DRE #02059032
Courtesy Of Real Broker
List Price $2,600,000
Status Active
Type Residential Income
Structure Size 6,224
Lot Size 6,762
Year Built 1986

Listing information courtesy of: Henry Garcia, Phuong Lynn Tran, Real Broker. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:46 PM 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.