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Listed by James Antonucci • Keller Williams Realty-Studio City
$ 2,235,000
Est. payment /mo
New
6862 Hazeltine AVE Van Nuys, CA 91405
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25093549
Originating Board California Regional MLS
Year Built 1926
Lot Size 0.359 Acres
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 s
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Laundry Laundry Area
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 2216013014
Special Listing Condition Not Applicable
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