7454 Haskell Avenue

Van Nuys, CA 91406

$3,499,000
Price
26
Beds
24
Baths
12,568 Sq. Ft.
$278 / Sq. Ft.
12,568
Sq. Ft.
$278
per Sq. Ft.

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...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.
  1. Listed by Roderick 'Rick' Raymundo • DRE #01357019 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 7454 Haskell Avenue

Zoning
LAR3
Parcel Number
2206028013
Total Units
13.0
Living Area
12568
Source Living Area
Vendor Enhanced
Area
Lake Balboa (LKBL)
Vacancy Rate
0
Lot Size Area
13921
LISTING UPDATED: 07/02/2024 01:35 PM

Property Details for 7454 Haskell Avenue

StatusActive
MLS #24-345901
Days on Market296
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.32 AC / 13,921 SF
CountyLos Angeles County

Building Information for 7454 Haskell Avenue

Stories2Residences-Year Built1963Building Size-Lot Size0.32 AC / 13,921 SF

Property Information for 7454 Haskell Avenue

Community / Development
Community / Development
  • Number Of Units: 13
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Residential
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $297,600
  • Net Operating Income: $184,758.00
  • Gross Income: $293,400
  • Cap Rate: 5.28%
  • Gross Rent Multiplier: $11.76
  • Total Annual Expense: 104040
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3197
  • Lot Size Square Feet: 13921
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 16
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 01-10-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,360.00
  • Unit Actual Rent: $2,720.00
  • Unit Projected Rent: $3,190.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,750.00
  • Unit Actual Rent: $1,750.00
  • Unit Projected Rent: $2,195.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,918.00
  • Unit Actual Rent: $15,350.00
  • Unit Projected Rent: $18,895.00
  • Like Units: 8
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,990.00
  • Unit Actual Rent: $1,990.00
  • Unit Projected Rent: $2,645.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 3
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $2,640.00
  • Unit Actual Rent: $2,640.00
  • Unit Projected Rent: $2,695.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $522,686.00
  • Assessed Improvement Percent: 64.47
  • Assessed Land Value: $288,062.00
  • Assessed Land Percent: 35.53
  • Assessed Total Value: $810,748.00

Property History for 7454 Haskell Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7454 Haskell Avenue

Taxable ValueLand$293,823Additions$533,139Total$826,962
Tax Record2024$11,807 ($984 / month)
Home Facts
Total Finished SqFt12,568 SqFtAbove Grade Finished SqFt12,568 SqFtLot Size13,921 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN2206-028-013

Schools near 7454 Haskell Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cohasset Street Elementary School
PublicK to 5

Robert Fulton College Preparatory School
Public6 to 12

Birmingham Community Charter High School
Charter9 to 12

Cal Burke High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7454 Haskell Avenue is a multi-family home for sale in Van Nuys, CA 91406. This property was listed for sale on January 9, 2024 by Marcus & Millichap, it's currently listed at $3,499,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Cohasset Street Elementary School, Robert Fulton College Preparatory School and Birmingham Community Charter High School. 7454 Haskell Avenue is a 26-bed, 24-bath, 12,568 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Roderick 'Rick' Raymundo, DRE #01357019

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.