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$ 1,892,000
$ 2,235,000 15.3%
Est. payment | /mo
3 Beds
2 Baths
$ 1,892,000
$ 2,235,000 15.3%
Est. payment | /mo
3 Beds
2 Baths
Key Details
Sold Price $1,892,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR25093549
Sold Date 07/22/25
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property 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 propertys 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. Refere
Location
State CA
County Los Angeles
Zoning Public Rec
Direction South of Sherman Way and East of Van Nuys Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 2216013014
Listed by James Antonucci Keller Williams Realty-Studio City
Bought with James Antonucci Keller Williams Realty-Studio City
Bought with James Antonucci Keller Williams Realty-Studio City
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