Van Nuys, CA 91405,6862 Hazeltine AVE
Van Nuys, CA 91405,6862 Hazeltine AVE
Van Nuys, CA 91405,6862 Hazeltine AVE
Van Nuys, CA 91405,6862 Hazeltine AVE
Van Nuys, CA 91405,6862 Hazeltine AVE
Van Nuys, CA 91405,6862 Hazeltine AVE
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$ 2,235,000
Est. payment | /mo

0.36 Acres Lot


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$ 2,235,000
Est. payment | /mo
Save

0.36 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25093549

HOA Y/N No

Year Built 1926

Lot Size 0.359 Acres

Property Sub-Type Apartment

Property Description

Located in a high-demand rental market, 6860 Hazeltine Ave presents an exceptional opportunity for investors looking to acquire a well-maintained multifamily property with strong upside potential. This 11-unit building features a desirable unit mix of three 1-bedroom, 1-bath units and eight 2-bedroom, 1-bath units, catering to a diverse tenant base. Situated on a large double lot, the property offers on-site parking and the potential to add an Accessory Dwelling Unit (ADU) for increased rental income.

The building is individually metered for gas and electricity, reducing owner expenses, and has been upgraded with copper plumbing for long-term durability. On-site laundry facilities provide added convenience for tenants, enhancing the property's appeal. With a tremendous rental upside, this asset offers an excellent opportunity to increase returns over time.

Strategically located, the property offers easy access to major freeways, including the CA-170 and I-5, making commuting throughout Los Angeles effortless. Tenants will appreciate the proximity to major retail and transit hubs, including Van Nuys Transit Station, Panorama Mall, and Costco Van Nuys. Additionally, Los Angeles Valley College is just a short distance away, making this a great option for students and faculty seeking convenient housing.

With its prime location, strong tenant demand, and value-add potential, 6860 Hazeltine Ave is an ideal investment opportunity in a thriving Van Nuys neighborhood.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LARD1.5

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Suburban

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2216013014

Energy Description 5480.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by James Antonucci • Keller Williams Realty-Studio City • 818-381-6601
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6862 Hazeltine AVE