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7407 Haskell Avenue

Los Angeles CA 91406

16
12
15
6224 sq. ft.
6762 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

16 bedrooms
12 bathrooms
15 carspaces
6224 sq. ft. floor area
6762 sq. ft. lot size
Other

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