7342 Haskell Avenue

Van Nuys, CA 91406

$7,250,000
Price
36
Beds
36
Baths
24,349 Sq. Ft.
$298 / Sq. Ft.
24,349
Sq. Ft.
$298
per Sq. Ft.

Description

The Haskell Apartments, located at 7342 Haskell Avenue in the Lake Balboa community, property offers investors a rare opportunity to acquire a renovated and upgraded 21-unit multifamily property with an excellent opportunity to add five 1+1 ADUs while maintaining adequate parking. Built in 1986, the building has undergone approximately $500,000 in capital improvements, including new roof, new elevator, fresh exterior paint, upgraded hallway flooring, new lobby tile, security camera installation and...The Haskell Apartments, located at 7342 Haskell Avenue in the Lake Balboa community, property offers investors a rare opportunity to acquire a renovated and upgraded 21-unit multifamily property with an excellent opportunity to add five 1+1 ADUs while maintaining adequate parking. Built in 1986, the building has undergone approximately $500,000 in capital improvements, including new roof, new elevator, fresh exterior paint, upgraded hallway flooring, new lobby tile, security camera installation and modern interior sconce lighting. Opportunity to add Five 1+1 ADUs adding $1,176,002 in immediate value Constructed in 1986, the property falls under SB1482 State Rent Control, 5% + CPI rent increases allowed Approximately $500,000 has been invested in capital improvements to enhance the building New Roof, New Elevator 18 of the 21 units have been upgraded Over 70% 2+2 units Contact us for an OM
  1. Listed by Kelly Morgan • DRE #01898026 • Brokerage DRE #01854200 • KW Advisors

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: 11/28/2024 12:01 AM

Property Details for 7342 Haskell Avenue

StatusActive
MLS #24-465779
Days on Market13
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

Building Information for 7342 Haskell Avenue

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

Property Information for 7342 Haskell Avenue

Community / Development
Community / Development
  • 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
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $538,653
  • Net Operating Income: $324,039.00
  • Gross Income: $555,312
  • Gross Rent Multiplier: $13.06
  • Financial Info as Of: 11/20/2024
  • Total Annual Expense: 214613
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 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: 11-20-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,824.00
  • Unit Actual Rent: $10,945.00
  • Unit Projected Rent: $13,170.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,271.00
  • Unit Actual Rent: $34,071.00
  • Unit Projected Rent: $37,425.00
  • 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
DateEvent & SourcePrice

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$2,731,050Additions$4,213,620Total$6,944,670
Tax Record2024$86,275 ($7,190 / 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.

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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 November 20, 2024 by KW Advisors, it's currently listed at $7,250,000. It has been on the market for a total of 13 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 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 KW Advisors, 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.