7342 Haskell Avenue, Van Nuys, CA 91406

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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***


Interior Features

Bedroom Information
Bedrooms 36
Bathroom Information
Bathrooms 36

Listing Information

Address 7342 Haskell Avenue
City Van Nuys
State CA
Zip 91406
County Los Angeles
Listing Agent Kelly Morgan DRE #01898026
Courtesy Of KW Advisors
List Price $7,250,000
Status Active
Type Residential Income
Structure Size 24,349
Lot Size 16,836
Year Built 1986

Listing information courtesy of: Kelly Morgan, KW Advisors. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 21st, 2024 at 12:02 AM 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.