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$2,235,000
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  • Key Facts
  • Description
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Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Approx. Age 1926
MLS® Number SR25093549

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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. 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 seeking convenient housing. With its prime location, strong tenant demand, and value-add potential, 6860 Hazeltine Ave is an ideal investment opportunity in a thriving Van Nuys neighborhood. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.Show Description
MLS® NumberSR25093549
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1926
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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