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7454 Haskell Ave, Van Nuys, CA 91406
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7454 Haskell Ave Van Nuys, CA 91406

$3,499,000
  • 26 Beds
  • 24 Baths
  • 12,568 Sq.Ft.
For Sale
$3,499,000 Get Pre-Qualified
Map preview of 7454 Haskell Ave, Van Nuys, CA 91406

Property Overview: 7454 Haskell Ave Van Nuys, CA has 26 bedrooms, 24 bathrooms, 12,568 living square feet and 13,921 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Featuring spacious floorplans and a unit mix that contains nearly all two- and three-bedroom apartments, the property spans 12,568 gross square feet. The building occupies a corner lot near the intersection of Sherman Way and Haskell Avenue. The current owner has installed full copper plumbing, replaced nearly every window in the building, and upgraded the main electric panel. A new investor may be able to use existing permits to complete two ADUs, which may also remove the need for any seismic retrofit repairs (Buyer to verify). Every unit interior has been renovated with decorative tile flooring, granite countertops, and remodeled bathrooms. The city of Van Nuys and the Northeast San Fernando Valley posted a vacancy rate of less than three percent in the second quarter of 2023. Aside from the dense New York City boroughs, this vacancy rate sits among to lowest in the entire country among submarkets that contain at least 60,000 units. With relatively few new residential projects slated for the next two years, it is expected that these strong occupancy rates will remain, to the benefit of local landlords.

Listed by Roderick 'Rick' Raymundo | BRE #01357019 | Marcus & Millichap
Last checked: 7 minutes ago | Last updated: January 17th, 2024 | Source CRMLS | DOM: 108
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Home details

Lot Sq. Ft
13,921
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24345901
City
Van Nuys
County
Los Angeles
Time on Site
123 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 13
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $2,720
  • Pro Forma/Market Rent: $3,190
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,195
Unit Breakdown 3
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,918
  • Total Rent: $15,350
  • Pro Forma/Market Rent: $18,895
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,990
  • Total Rent: $1,990
  • Pro Forma/Market Rent: $2,645
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $2,640
  • Total Rent: $2,640
  • Pro Forma/Market Rent: $2,695
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.28%
  • Gross Rent Multiplier: 11.76
  • Gross Scheduled Income: --
  • Net Operating Income: $184,758
  • Gross Operating Income: $297,600
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 7454 Haskell Ave

Interior Features
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 13
  • Parcel Number: 2206028013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: We are pleased to announce the opportunity to purchase 7454 Haskell Avenue, a 13-unit multifamily property located in the Lake Balboa neighborhood of Van Nuys, CA.
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Local Van Nuys Agent

Sale History for 7454 Haskell Ave

View property's historical transactions

  • January, 2024

  • Jan 9, 2024

    Date

    Active

    CRMLS: 24345901

    $3,499,000

    Price

Tax History for 7454 Haskell Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

7454 Haskell Ave is listed 298.07% higher than the median list price for the city of Van Nuys which has a median list price of $879,000. The median price per/sqft for Van Nuys is $566 and this home is listed at $278.41 per/sqft which puts the price per square foot 50.81% lower than the median price per square foot for the city of Van Nuys.

About 7454 Haskell Ave

Detailed summary of property

7454 Haskell Ave is a multi family located in Van Nuys, CA 91406 and is currently for sale. This multi family property offers 26 bedrooms, 24 bathrooms, roughly 12,568 living square feet, and sits on an approximately 13,921 square foot lot. 7454 Haskell Ave was first listed on ArdentRealEstateGroup.com on January 17, 2024. The homeowner is currently asking $3,499,000. The median priced home in Van Nuys is $879,000 with a median price per square foot of $566. Based on Ardent Real Estate Group's Van Nuys Market Data, this home is listed 298.07% higher than the median priced home. Local competing homes currently for sale include 11337 Mississippi Ave, 1561 S Carmelina Ave and 434 N Ogden Dr. While the average home in Van Nuys, CA is selling in 59 days, 7454 Haskell Ave has a days on market of 108 days. There are currently 102 homes for sale in the Van Nuys real estate market and 76 of them are single family homes while 18 of them are condos and 8 are townhomes. For more information on this home for sale at 7454 Haskell Ave Van Nuys, CA 91406 contact Ardent Real Estate Group and we will put you in touch with one of our Van Nuys agents.

Public Facts for 7454 Haskell Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91406 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$544
Median Sold Price
$820,000
Median Sold Price/Sq.Ft.
$606
Total Inventory
73
Median Sale to List Price %
102.63%
Avg Days on Market
35
Loan Type
Conventional (40.91%), FHA (9.09%), VA (0%), Cash (13.64%), Other (27.27%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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