7407 Haskell Avenue Active

Van Nuys (los Angeles),CA 91406

$ 2600000

- Bed

0 Bath

6224 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

Building

Lot Description Other

New Construction No

Others

Tax ID 2206027026

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