7310 Haskell Avenue, Van Nuys, CA 91406

$1,400,000
5,039
SqFt
List Price
$1,400,000
MLS#
SR20000853
Living Sq. Ft
5,039
Lot Size
10,773
Property Type
Multifamily
Status
Active

Property Description

Located in a highly desirable rental location, close to business and industry, this 6 unit building has plenty of potential. Rents are almost $2,800 below market. Market rents could be as high as $1,700 per month and current rentals range from $990 to $1,500 per month. The property also needs some loving TLC to bring it up to the standard it should be. Aggressive management and patience will make this property potentially climb in value over time. It is freeway close and located near business and industry, which makes for a short commute for many workers and the tenants who live here. This property is priced at about two times the median price of single family residences in the area. This would also make for an excellent property to exchange into from a smaller investment property.

Additional Information

Units
6
Gross Scheduled Incom
$92,304
Net Operating Income
$37,674
Year Built
1954
View
Pool Description
No Pool
Sewer
Public Sewer
Water
Water District, Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Hatkoff Investments, Brian Hatkoff.

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