7407 Haskell Avenue
Van Nuys, CA 91406
6224 sqft | 16 beds | 0.16 acres | #24441479
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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Lot DescriptionLandscaped
- Original List Price$2,600,000
- MLS #24441479
- MLS #24441479
- Cost2600000
- Acres0.1552
- Square Feet6224
- Year Built1986
- Bedrooms16
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Henry Garcia (#CLW-X75180)
Listing Office: Real Broker (#CLW-X79021)
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