Skip To Content
    Return to Previous Page

    7350 Hazeltine Ave

    Van Nuys, CA 91405
    • $8,019,000
    • STATUS: Closed
    • ON SITE: 51 days
    • ID#: 20-611434
    Sold - 09/15/2020
    $8,019,000
    SOLD - 09/15/2020
    • 48
      BEDS
    • 0.94
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 27,608
      SQFT
    • $290
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1974
    County:

    School Ratings & Info

    Description

    We are pleased to present 7350 Hazletine Avenue in Van Nuys- Located at the corner of Hazeltine and Valerio. The subject property was built in 1974 and is comprised of 44 units plus one Non-Conforming Studio (Unit Mix: 40) 1+1 (4) 2+1 ). This is a fantastic opportunity for an investor to acquire a very well taken care of building with good upside in rents as units turn. The owners have taken very good care of the property with a tremendous amount of capital improvements throughout the building.

    Sold by Jeffrey Louks BRE#00908473 of Marcus & Millichap.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-20T16:42:21.45. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/108381007
    Print Image

    7350 Hazeltine Ave Van Nuys, CA 91405

    • Price: $8,450,000
    • Status: Closed
    • Updated: 47 min ago
    • ID#: 20-611434
    48
    Beds
    0
    Baths
    0
    ½ Baths
    0.94
    Acres
    27,608
    SQFT
    $290
    $/SQFT
    1974
    Built
    Neighborhood:
    East Van Nuys
    County:
    Los Angeles
    Area:
    East Van Nuys
    Property Description
    We are pleased to present 7350 Hazletine Avenue in Van Nuys- Located at the corner of Hazeltine and Valerio. The subject property was built in 1974 and is comprised of 44 units plus one Non-Conforming Studio (Unit Mix: 40) 1+1 (4) 2+1 ). This is a fantastic opportunity for an investor to acquire a very well taken care of building with good upside in rents as units turn. The owners have taken very good care of the property with a tremendous amount of capital improvements throughout the building.
    Exterior Features

    Lot Size Area 41132 Other Structures None Parking Garage Assigned Total Parking 69

    Interior Features

    Baths Total 44.00 Cooling Wall Unit(S) Equipment None Heating Central

    Property Features

    Assessed Total Value 1956743 Gross Income 659158 Gross Operating Income 659158 Like Units1 40 Like Units2 4 Net Operating Income 361110.00 Number Of Buildings 1 Number Of Units 44 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 278274 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Jeffrey Louks DRE#00908473 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-20T16:42:21.45. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-611434-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-611434-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_20-611434-2.jpg
    Logo
    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355