7503 Hazeltine Ave - Apartments FOR SALE


Van Nuys, CA 91405
$3,295,000 USD
818-634-3722
7503 Hazeltine Ave, Van Nuys, CA for Sale
$3,295,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

7503 Hazeltine Ave
Van Nuys, CA 91405


HIGHLIGHTS

  • Amazing Van Nuys Location
  • Long Term Tenants with Upside

OVERVIEW

MOTIVATED SELLER! Spectrum Commercial Real Estate is pleased to present the opportunity to purchase 7503 Hazeltine Avenue, an 18-unit apartment complex in the highly desirable Van Nuys neighborhood. Less than 3 miles from the 405 Freeway. The property consists of 18 units, complete with detached garage & storage space for the Tenants in addition to a common courtyard and pool. Built in 1963, the exterior of the building was recently remodeled and all brand new windows were installed. Additionally, a new sealed silicone coating has been applied to the roof within the last year. The Property, located off Van Nuys Blvd & Sherman Way, consists of the main structure & parking garages, with 8 - 1 bed room/1 bath room, 8 - 2 bed room/1 bath room, & 2 studio apartments. There are separate onsite parking spaces for each unit.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$210 USD /SF

# OF UNITS

18

PRICE/UNIT

$183,056

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

LAR3

APN/PARCEL ID

2215-016-014

ASK ABOUT THIS PROPERTY

Arthur MinassianSpectrum Commercial Real Estate, Inc.More Info
818-634-3722

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Arthur MinassianSpectrum Commercial Real Estate, Inc.More Info
818-634-3722

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