Ignite FB Tracking Pixel7342 Haskell Avenue, Van Nuys, CA 91406 - Nicole Grey
Pinnacle Estate Properties, Inc.
Nicole Grey, Pinnacle Estate Properties, Inc.Phone: (818) 469-5007
Email: [email protected]
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listing
1 of 10
Residential IncomeFor Sale
$7,250,000
7342 Haskell Avenue
Van Nuys, CA 91406
Listed by Kelly Morgan DRE#01898026 [email protected] KW Advisors
MLS: California Regional MLS (CRMLS)
36Beds
36Baths
24,349Sq Ft
Est. Mortgage
$37,523/mo

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***

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Information courtesy of KW Advisors is subject to verification and is not guaranteed.
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