23
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$1,395,000
Est. payment /mo
6,995 Sqft Lot
Active Under Contract
5742 Hazeltine AVE Van Nuys, CA 91401
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID SR25122951
HOA Y/N No
Year Built 1957
Lot Size 6,995 Sqft
Property Sub-Type Apartment
Property Description
Presenting an exceptional opportunity to acquire a well-maintained 6-unit multifamily property at 5742 Hazeltine Ave, nestled in the heart of Van Nuys, CA. This two-story building, constructed in 1957, encompasses approximately 5,708 square feet on a 7,000+ sq. ft. lot, offering a desirable unit mix of one 1-bedroom/1-bath and five 2-bedroom/2-bath units. Each unit is individually metered for gas and electricity, providing operational efficiency for investors.
Recent upgrades include plumbing enhancements completed within the last three years, ensuring reduced maintenance costs and increased tenant satisfaction. The property features on-site laundry facilities, dedicated parking accessible via the rear alley, and a well-maintained exterior, contributing to its strong curb appeal.
Strategically located, the property offers unparalleled access to major transportation routes, including the I-405 and US-101 freeways. Residents benefit from proximity to Los Angeles Valley College, Westfield Fashion Square, Costco Wholesale, and a variety of shopping and dining options. The neighborhood boasts a Walk Score of 80, indicating a highly walkable area with convenient access to public transit and local amenities.
This asset presents significant rental upside potential in a high-demand rental market, making it an ideal addition to any investor's portfolio. Don't miss the chance to own a prime multifamily property in one of Van Nuys' most sought-after locations.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Recent upgrades include plumbing enhancements completed within the last three years, ensuring reduced maintenance costs and increased tenant satisfaction. The property features on-site laundry facilities, dedicated parking accessible via the rear alley, and a well-maintained exterior, contributing to its strong curb appeal.
Strategically located, the property offers unparalleled access to major transportation routes, including the I-405 and US-101 freeways. Residents benefit from proximity to Los Angeles Valley College, Westfield Fashion Square, Costco Wholesale, and a variety of shopping and dining options. The neighborhood boasts a Walk Score of 80, indicating a highly walkable area with convenient access to public transit and local amenities.
This asset presents significant rental upside potential in a high-demand rental market, making it an ideal addition to any investor's portfolio. Don't miss the chance to own a prime multifamily property in one of Van Nuys' most sought-after locations.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LARD1.5
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Suburban
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2246017002
Energy Description 3180.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Virtual Tour https://vimeo.com/aplagroup/5742hazeltineave?share=copy#t=0
Listed by James Antonucci • Keller Williams Realty-Studio City • 818-381-6601