7407 Haskell Avenue

Van Nuys, CA 91406

$2,600,000

List Price

16

bed Beds

12

shower Baths

6,224 sqft

straighten / sqft

1986

calendar_month Built

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.

Listing Information

List Price $2,600,000
Status Active
MLS 24441479
Type Residential Income
Year Built 1986
Lot Size 6,762
Structure Size 6,224
DOM 8
Courtesy Of Real Broker
Listing Agent Henry Garcia DRE#01303784
Co-Listing Agent Phuong Lynn Tran DRE#02059032

Interior Features

Total Bedroom
Bedrooms 16
Total Bathroom
Bathrooms 12
Fireplace Information
Features Living Room

Exterior Information

Maps

Listing information courtesy of: Henry Garcia, Phuong Lynn Tran, Real Broker . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 26th, 2024 at 12:07 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.