7342 Haskell Avenue

Van Nuys, CA 91406

  • 36 Bed(s)
  • 0 Bath(s)
  • 24,349 Sqft
  • 16836
    Sqft(Lot)
$7,100,000

Description

7342 haskell ave, a 21-unit multifamily asset not subject to la city rent control. seller will carry at 4.5% interest-only in year 1, 5.5% interest-only in year 2. built in 1986, the property is exempt from los angeles city rent control, allowing for annual rental increases of 5% plus cpi, currently 8.8% annually. significant capital improvements totaling approximately $500,000 have been invested into the property, including a new roof, elevator, exterior paint, upgraded hallway flooring, modern lobby tile, security camera installation, and updated interior lighting. additionally, there is an opportunity to add five 1-bedroom/1-bath adus without losing adequate parking and potentially increasing annual income by $100,000.proximity to major developments: *east san fernando valley light rail transit project: approximately 1.5 miles east, this 6.7-mile light rail line along van nuys boulevard is under construction, with completion anticipated in 2031. it will enhance connectivity and transit options in the area.*g line busway improvements: around 2 miles southeast, the metro g line is undergoing a $668 million upgrade, including the construction of elevated stations at key intersections like van nuys boulevard and sepulveda boulevard, aiming to improve travel times and reliability. *the brightly at 6569 van nuys blvd: located approximately 2.5 miles southeast, this six-story development features 174 residential units and 18,400 square feet of ground-floor commercial space, contributing to the area's revitalization. *affordable housing at 6100 hazeltine ave: about 3 miles southeast, a seven-story building with 72 affordable units is under development, addressing housing needs and promoting community growth. this offering is ideal for investors seeking a well-maintained asset with value-add potential in a neighborhood poised for continued growth and development. ***contact us today to request the om or schedule a private tour.***

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50097047

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Property Details

  • Bedroom Information

    • Total Bedrooms : 36

    Bathroom Information

    • Total Baths: 36
    • Full Baths: 0
    • Half Baths: 0

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 1986
    • Building Area Total: 24,349

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3865
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 16836

  • Listing Price Information

    • Original List Price: 7,100,000
    • Listing Contract Date: 2025-06-05

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2206029022

  • Garage and Parking

    • Garage Description: Controlled Entrance

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: LKBL - Lake Balboa
    • Directions: North of Leadwell St, South of Valerio St, West of the 405 FWY, East of Densmore Ave on Haskell Ave on the East side of the road
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: LKBL - Lake Balboa

    Building and Construction

    • Property Age: 39
    • Year Built Source: Assessor
    • Total Square Feet Living: 24349
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 06/10/2025 @ 07:22

  • MLS: 25548685
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 36 bedrooms which is for sale, it has 24,349 sqft, 16,836 sized lot, and 0 parking. are nearby neighborhoods.