18
  • Property Type
  • Residential Income
  • 26
  • Bedrooms
  • 24
  • Bathrooms
  • 12568.00 m²
  • Area Size
  • 1963
  • Year Built
7454 Haskell Avenue, Van Nuys, CA 91406
  • $3,499,000
  • $278

Description

Featuring spacious floorplans and a unit mix that contains nearly all two- and three-bedroom apartments, the property spans 12,568 gross square feet. The building occupies a corner lot near the intersection of Sherman Way and Haskell Avenue. The current owner has installed full copper plumbing, replaced nearly every window in the building, and upgraded the main electric panel. A new investor may be able to use existing permits to complete two ADUs, which may also remove the need for any seismic retrofit repairs (Buyer to verify). Every unit interior has been renovated with decorative tile flooring, granite countertops, and remodeled bathrooms. The city of Van Nuys and the Northeast San Fernando Valley posted a vacancy rate of less than three percent in the second quarter of 2023. Aside from the dense New York City boroughs, this vacancy rate sits among to lowest in the entire country among submarkets that contain at least 60,000 units. With relatively few new residential projects slated for the next two years, it is expected that these strong occupancy rates will remain, to the benefit of local landlords.

  • Address: 7454 Haskell Avenue
  • City: Van Nuys
  • State/county: CA
  • Zip/Postal Code: 91406
  • Area: LKBL - Lake Balboa
  • Country: United States

Details

Updated on January 17, 2024 at 1:57 pm
  • Property ID SGR-22164821
  • Price $3,499,000
  • Property Size 12568.00 m²
  • Land Area 13921.00 m²
  • Bedrooms 26
  • Bathrooms 24
  • Year Built 1963
  • Property Type Residential Income
  • Property Status For Sale
  • Living Area 12568.00
  • MLS# 24345901
  • Office Name MARCUS & MILLICHAP
  • Agent Name Roderick 'Rick' Raymundo
  • MLS Status Active
  • Living Area Prefix Sqft
  • Agent State License 01357019

Additional details

  • County Los Angeles
  • Parking 16.00

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Sankofa Global Realty
  • Sankofa Global Realty

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