7342 Haskell Ave

$7,100,000
Price
36
Beds
36
Baths
24,349 Sq. Ft.
$292 / Sq. Ft.
24,349
Sq. Ft.
$292
per Sq. Ft.

Description

7342 Haskell Ave, a 21-unit multifamily asset not subject to LA City Rent Control. Seller will carry $3,250,000 @ 5% interest only for 5 years. Built in 1986, the property is exempt from Los Angeles City rent control, allowing for annual rental increases of 5% plus CPI, currently 8.8% annually. Significant capital improvements totaling approximately $500,000 have been invested into the property, including a new roof, elevator, exterior paint, upgraded hallway flooring, modern lobby tile, security...7342 Haskell Ave, a 21-unit multifamily asset not subject to LA City Rent Control. Seller will carry $3,250,000 @ 5% interest only for 5 years. Built in 1986, the property is exempt from Los Angeles City rent control, allowing for annual rental increases of 5% plus CPI, currently 8.8% annually. Significant capital improvements totaling approximately $500,000 have been invested into the property, including a new roof, elevator, exterior paint, upgraded hallway flooring, modern lobby tile, security camera installation, and updated interior lighting. Additionally, there is an opportunity to add Five 1-bedroom/1-bath ADUs without losing adequate parking and potentially increasing annual income by $100,000. Proximity to Major Developments: East San Fernando Valley Light Rail Transit Project: Approximately 1.5 miles east, this 6.7-mile light rail line along Van Nuys Boulevard is under construction, with completion anticipated in 2031. It will enhance connectivity and transit options in the area. G Line Busway Improvements: Around 2 miles southeast, the Metro G Line is undergoing a $668 million upgrade, including the construction of elevated stations at key intersections like Van Nuys Boulevard and Sepulveda Boulevard, aiming to improve travel times and reliability. The Brightly at 6569 Van Nuys Blvd: Located approximately 2.5 miles southeast, this six-story development features 174 residential units and 18,400 square feet of ground-floor commercial space, contributing to the area's revitalization. Affordable Housing at 6100 Hazeltine Ave: About 3 miles southeast, a seven-story building with 72 affordable units is under development, addressing housing needs and promoting community growth. This offering is ideal for investors seeking a well-maintained asset with value-add potential in a neighborhood poised for continued growth and development. Contact us today to request the OM or schedule a private tour.
  1. Listed by Kelly Morgan • DRE #01898026 • Brokerage DRE #01094448 • Houze Real Estate Management

Property Details for 7342 Haskell Avenue

Zoning
LAR3
Cross Streets
Just south of Valerio St & Haskell Ave
Parcel Number
2206029022
Total Units
21.0
Living Area
24349
Source Living Area
Assessor
Area
Lake Balboa (LKBL)
Vacancy Rate
0
LISTING UPDATED: 12/02/2025 04:25 PM

Property Details for 7342 Haskell Avenue

StatusActive
MLS #25548685
Days on Market200
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.39 AC / 16,836 SF
CountyLos Angeles County

Location

Listing Courtesy of Houze Real Estate Management, Kelly Morgan, DRE #01898026
Add your commute

Building Information for 7342 Haskell Avenue

Stories3Residences-Year Built1986Building Size-Lot Size0.39 AC / 16,836 SF

Payment Calculator

$42,371 per month

30 year fixed, 6.28% Interest

Principal and Interest

$35,084

Property Taxes

$7,287

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7342 Haskell Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 21
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 3
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Probate: No
  • Financing: Owner May Carry
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $546,463
  • Net Operating Income: $338,799.00
  • Gross Income: $563,364
  • Gross Rent Multiplier: $12.60
  • Financial Info as Of: 06/05/2025
  • Total Annual Expense: 207664
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3865
  • Lot Size Square Feet: 16836
Parking Details
Parking Details
  • Parking Garage: Controlled Entrance
  • Total Parking: 39
  • Parking Features: Controlled Entrance
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling: Air Conditioning
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Elevator
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-05-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,868.30
  • Unit Actual Rent: $11,209.00
  • Unit Projected Rent: $14,370.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,298.40
  • Unit Actual Rent: $34,477.00
  • Unit Projected Rent: $40,425.00
  • Like Units: 15
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $4,131,000.00
  • Assessed Improvement Percent: 60.67
  • Assessed Land Value: $2,677,500.00
  • Assessed Land Percent: 39.33
  • Assessed Total Value: $6,808,500.00

Property History for 7342 Haskell Avenue

DateEvent & SourcePriceAppreciation
Jun 5, 2025

Listed (Active)

CLAW #25548685

$7,100,000—
Jun 5, 2025

Listed (Active)

CRMLS #25548685

$7,100,000—
Apr 30, 2025

Expired

CRMLS #24465779

—
Apr 30, 2025

Expired

CLAW #24-465779

$7,250,000—
Jan 6, 2025

Withdrawn / Cancelled

CRMLS #24465779

$7,250,000—
Jan 6, 2025

Withdrawn / Cancelled

CLAW #24-465779

$7,250,000—
Nov 20, 2024

Listed (Active)

CRMLS #24465779

$7,250,000—
Nov 20, 2024

Listed (Active)

CLAW #24-465779

$7,250,000—
Sep 8, 2021

Sold (Public Record)

Public Record #1471813079

$2,815,000

-9.0% / yr

Feb 1, 2021

Expired

CRMLS #20635388

$6,650,000—
Jan 31, 2021

Expired

CLAW #20-635388

$6,650,000—
Nov 5, 2020

Price Change

CRMLS #20635388

$6,650,000—
Sep 21, 2020

Listed (Active)

CRMLS #20635388

$6,750,000—
Sep 21, 2020

Listed (Active)

CLAW #20-635388

$6,750,000—
Sep 16, 2020

Expired

CRMLS #20604824

$6,750,000—
Sep 15, 2020

Expired

CLAW #20-604824

$6,750,000—
Jul 15, 2020

Listed (Active)

CRMLS #20604824

$6,750,000—
Jul 15, 2020

Listed (Active)

CLAW #20-604824

$6,750,000—
Mar 21, 2017

Sold (Public Record)

Public Record #591069554

$4,300,000—
DateEvent & SourcePrice
06/05/2025

Listed (Active)

CLAW #25548685

$7,100,000
06/05/2025

Listed (Active)

CRMLS #25548685

$7,100,000
04/30/2025

Expired

CRMLS #24465779

—
04/30/2025

Expired

CLAW #24-465779

$7,250,000
01/06/2025

Withdrawn / Cancelled

CRMLS #24465779

$7,250,000
01/06/2025

Withdrawn / Cancelled

CLAW #24-465779

$7,250,000
11/20/2024

Listed (Active)

CRMLS #24465779

$7,250,000
11/20/2024

Listed (Active)

CLAW #24-465779

$7,250,000
09/08/2021

Sold (Public Record)

Public Record #1471813079

$2,815,000

-9.0% / yr

02/01/2021

Expired

CRMLS #20635388

$6,650,000
01/31/2021

Expired

CLAW #20-635388

$6,650,000
11/05/2020

Price Change

CRMLS #20635388

$6,650,000
09/21/2020

Listed (Active)

CRMLS #20635388

$6,750,000
09/21/2020

Listed (Active)

CLAW #20-635388

$6,750,000
09/16/2020

Expired

CRMLS #20604824

$6,750,000
09/15/2020

Expired

CLAW #20-604824

$6,750,000
07/15/2020

Listed (Active)

CRMLS #20604824

$6,750,000
07/15/2020

Listed (Active)

CLAW #20-604824

$6,750,000
03/21/2017

Sold (Public Record)

Public Record #591069554

$4,300,000

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

Public Records for 7342 Haskell Avenue

Taxable ValueLand$2,785,671Additions$4,297,892Total$7,083,563
Tax Record2025$87,441 ($7,287 / month)
Home Facts
Total Finished SqFt24,349 SqFtAbove Grade Finished SqFt24,349 SqFtLot Size16,831 SqFtStyleMulti-Family Res (5+ Units)Year Built1986ZoningLAR3CountyLOS ANGELESAPN2206-029-022

Schools near 7342 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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7342 Haskell Avenue is a multi-family home for sale in Van Nuys, CA 91406. This property was listed for sale on June 5, 2025 by Houze Real Estate Management, it's currently listed at $7,100,000. It has been on the market for a total of 200 days and was last sold on September 8, 2021. 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. 7342 Haskell Avenue is a 36-bed, 36-bath, 24,349 sqft multi-family home built in 1986.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Houze Real Estate Management, Kelly Morgan, DRE #01898026

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.