5740 Hazeltine Ave - Apartments FOR SALE


Van Nuys, CA 91401
$1,295,000 USD
818-640-4360
5740 Hazeltine Ave, Van Nuys, CA for Sale
$1,295,000 USD
Apartments - FOR SALE
1/19
null | 4.56% Cap Rate

5740 Hazeltine Ave
Van Nuys, CA 91401


HIGHLIGHTS

  • 6 units located in the Valley Glen rental pocket of Van Nuys
  • Excellent unit mix consisting of (6) 2+1 units
  • Upside in existing rents
  • Improvements include a new roof in 2005, updated electrical in 2015, and a new sewer line in 2024
  • Tenants enjoy easy access to the metro Orange line, the Tujunga wash greenway and the iconic Great Wall of Los Angeles

OVERVIEW

Equity Union Commercial is proud to represent this 6 unit apartment building in Van Nuys. The property was built in 1957. Its unit mix consists entirely of (6) 2+1 units. With a lot size of 6,879 square feet, the property has a total of 5,684 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for electricity.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$228 USD /SF

# OF UNITS

6

PRICE/UNIT

$215,833

CAP RATE

4.56%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

2246-017-020

ASK ABOUT THIS PROPERTY

Cindy HillEquity Union Real EstateMore Info
818-640-4360

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Cindy HillEquity Union Real EstateMore Info
818-640-4360

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.