$ 2,600,000
7407 Haskell Avenue Van Nuys (los Angeles), CA 91406
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$ 2,600,000
Est. payment | /mo
6,224 SqFt
$ 2,600,000
Est. payment | /mo
6,224 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,224 sqft
Price per Sqft $417
MLS Listing ID CL24441479
HOA Y/N No
Year Built 1986
Lot Size 6,762 Sqft
Acres 0.16
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.
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Other
Fireplace No
Exterior
Parking Type Covered, Assigned
Building
Lot Description Other
New Construction No
Others
Tax ID 2206027026
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Henry Garcia • Real Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "