7342 Haskell Avenue

Van Nuys, CA 91406

$7,250,000

List Price

36

bed Beds

36

shower Baths

24,349 sqft

straighten / sqft

1986

calendar_month Built

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***

Listing Information

List Price $7,250,000
Status Active
MLS 24465779
Type Residential Income
Year Built 1986
Lot Size 16,836
Structure Size 24,349
Courtesy Of KW Advisors
Listing Agent Kelly Morgan DRE#01898026

Interior Features

Total Bedroom
Bedrooms 36
Total Bathroom
Bathrooms 36

Exterior Information

Maps

Listing information courtesy of: Kelly Morgan, KW Advisors 310-836-3638. *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.