$2,600,000
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7407 Haskell Avenue Van Nuys, CA 91406
Cluster
Residence
16
Beds
12
Baths
6,224
Sq. Ft.
0.16
Acre
Lot
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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.
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MLS#
24441479
Property Type
Cluster
Status
Bedrooms
16
Bathrooms
Year Built
1986
Square Feet
6,224
sq. ft
Lot Size
0.16
Stories
2.0
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