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Listed by James Antonucci • Keller Williams Realty-Studio City
$ 2,000,000
Est. payment /mo
New
7001 Hazeltine Avenue Van Nuys (los Angeles), CA 91405
8,150 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,150 sqft
Price per Sqft $245
MLS Listing ID CRSR25094199
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1953
Lot Size 0.406 Acres
Property Sub-Type Other
Property Description
Situated on a large double lot at 7001 Hazeltine Ave, this well-maintained 10-unit property presents an outstanding opportunity for investors looking to acquire a multifamily asset in a high-demand rental market. The property offers a desirable unit mix of six 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units, catering to a broad tenant base. Positioned on a high-visibility corner lot, the building features on-site parking with storage, a highly sought-after amenity in the area. The property is individually metered for gas and electricity, ensuring lower operating costs, and includes on-site laundry facilities for tenant convenience. With a tremendous rental upside, investors have the opportunity to increase revenue while benefiting from a consistently strong rental market. Located in the heart of Van Nuys, this property offers easy access to major transportation hubs and shopping destinations. The Van Nuys Transit Station is just minutes away, while the I-405 and CA-170 freeways provide seamless connectivity throughout Los Angeles. Tenants will appreciate the convenience of nearby retail and service centers, including Panorama Mall, Van Nuys DMV, Van Nuys Costco, and Los Angeles Valley College. With strong tenant demand, future income growth potential, and an unbeatable l
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
Building
Water Public
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Sofia Gurevich
Real Estate & Mortgage Broker | License ID: CA DRE 01249163 I NMLS 287968