5915 Hazeltine Avenue

Van Nuys, CA 91401

$1,295,000
Price
3
Beds
38
Baths
2,965 Sq. Ft.
$437 / Sq. Ft.
2,965
Sq. Ft.
$437
per Sq. Ft.

Description

We are proud to present this 7-unit apartment building in an excellent Van Nuys location mere blocks from Sherman Oaks. The property is subject to LACity Rent Control. There is an excellent unit mix that includes (1) 3 bedroom and 2 bath one story apartment home with private yard and (6) single units. Residents enjoy parking as well as on-site laundry facility. The property is minutes from the Sheman Oaks Recreation Center and Westfield Fashion Square. Access to the 101 and 405 Freeway's is nearby,...We are proud to present this 7-unit apartment building in an excellent Van Nuys location mere blocks from Sherman Oaks. The property is subject to LACity Rent Control. There is an excellent unit mix that includes (1) 3 bedroom and 2 bath one story apartment home with private yard and (6) single units. Residents enjoy parking as well as on-site laundry facility. The property is minutes from the Sheman Oaks Recreation Center and Westfield Fashion Square. Access to the 101 and 405 Freeway's is nearby, which provides easy access to the surrounding area and job opportunities. This is a great opportunity to own a well-located building with great upside potential and exellent cap rate!
  1. Listed by Ken Mazanians • DRE #01162745 • Brokerage DRE #01862038 • REALTY ONE GROUP MASTERS • 626-650-0370

Property Details for 5915 Hazeltine Avenue

Parking Spaces Total
0
Private Pool
No
Total Units
7.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2965
Assessor Parcel Number
2245-030-003
Property Attached YN
false
LISTING UPDATED: 10/09/2024 08:33 AM

Property Details for 5915 Hazeltine Avenue

StatusActive
MLS #CV24202513
Days on Market81
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1937
Lot Size0.14 AC / 6,046 SF
CountyLos Angeles County

Building Information for 5915 Hazeltine Avenue

Stories2Residences-Year Built1937Building Size-Lot Size0.14 AC / 6,046 SF

Property Information for 5915 Hazeltine Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $112,153
  • Gross Scheduled Income: $112,153
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $109,922
  • Net Operating Income: $66,408
  • Gross Multiplier: 11.61
  • Cap Rate: 5.13
Expense Details
  • Operating Expense: $43,514
  • Gardener Expense: $1,080
  • Fuel Expense: $2,076
  • Electric Expense: $6,889
  • Insurance Expense: $4,242
  • Professional Management Expense: $0
  • Trash Expense: $3,563
  • Water Sewer Expense: $6,359
  • Total Expenses: $43,514
Tax / Assessment Info
  • Tax Tract Number: 8126
  • Tax Census Tract: 1286.01
  • Tax Lot: 29
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,996
  • Unit Type Total Rent: $1,996
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 6
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,216
  • Unit Type Total Rent: $7,298
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 5915 Hazeltine 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 5915 Hazeltine Avenue

Taxable ValueLand$780,861Additions$387,178Total$1,168,039
Tax Record2024$14,861 ($1,238 / month)
Home Facts
Total Finished SqFt2,965 SqFtAbove Grade Finished SqFt2,965 SqFtLot Size6,044 SqFtStyleMulti-Family Res (5+ Units)Year Built1937ZoningLARD1.5CountyLOS ANGELESAPN2245-030-003

Schools near 5915 Hazeltine Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Chandler Elementary
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

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.

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5915 Hazeltine Avenue is a mixed use property for sale in Van Nuys, CA 91401. This property was listed for sale on September 23, 2024 by REALTY ONE GROUP MASTERS, it's currently listed at $1,295,000. It has been on the market for a total of 81 days and was last sold on July 31, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Chandler Elementary, Van Nuys Middle School and Van Nuys Senior High School. 5915 Hazeltine Avenue is a 3-bed, 38-bath, 2,965 sqft mixed use property built in 1937.

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 REALTY ONE GROUP MASTERS, Ken Mazanians, DRE #01162745

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.