7350 Hazeltine Ave., Van Nuys, CA 91405 - 20611434 - iPro Real Estate
iPro Real Estate

iPro Real Estate

7350 Hazeltine Ave.
Van Nuys, CA 91405

Active, Multi-Family/Income Sale

For Sale

$8,450,000

Free Professional CMA

Listing ID : 20611434

  • Beds

    3
  • Year

    1974

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.

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 2216001069
Net Operating Income: $361,110 
Days on Market: 697 
Number of Units: 44 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: LAR3 

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Interactive

34.204338 -118.439629 $8,450,000 20611434
7350 Hazeltine Ave., Van Nuys, CA 91405
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Area Information 91405

Population:

50,898 Up .02% since 2010
Average Income:
$69,458
Average Age:
33Years
Gender:
49.82%Male
50.18%Female
Households:
16,28736.37% with children
Average Value:
$717,173
Occupancy:
26.96%Owned
73.04%Rented
6.41%Vacant
Education:
25.23%High School
6.74%Associate
15.81%Bachelor
6.42%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
17.01Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Below Average
Wind Risk:
Very Low

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Listed by Jeffrey Louks with Marcus & Millichap