NOT LISTED FOR SALE

6701 Haskell Ave Los Angeles, CA 91406

5 Beds
5 Baths
7,582 Sq Ft
9,247 Sq Ft Lot

Last Sold October 31, 2019

Last sale price $2,050,000 $270 Per Sq Ft

Highlights

  • Laundry Room
  • Landscaped
  • Rectangular Lot

About This Home

As of October 2019

We are proud to represent the 10 unit apartment building located in Lake Balboa, a nice rental pocket in
Van Nuys.
The property consists of (6) one bedroom, one bath units, (2) two bedroom, one-and-one- half bath units, (1) two-bedroom, two-and-one-half bathrooms, and (1) single. On site amenities include a secured entrance, central courtyard, gated parking, and on site laundry room. The building is a total of 7,582 square feet and is situated on a large 9,270 square foot corner lot.
The Van Nuys rental community is highly desirable and centrally located, with easy access to public transportation
and freeways. The surrounding area features established residential tree-lined neighborhoods, and a variety of shopping centers and restaurants.
The property is situated in the Lake Balboa section of 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 gas and electricity.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 04/15/2019

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union License #00885625 Listed on: 04/15/2019

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,247 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Rectangular Lot

Parking

  • 10 Car Garage

Home Design

  • 7,582 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 21923
  • Assessor Parcel Number 2233002034

Community Details

Overview

  • 10 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 10 Separate Electric Meters
  • 10 Separate Gas Meters
  • 10 Separate Water Meters
  • Electric Expense $10,066
  • Trash Expense $2,835
  • New Taxes Expense $27,000
  • Operating Expense $48,099
  • Gross Income $152,580
  • Net Operating Income $104,883

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Parking

10

Listing Details

  • CapRate: 4.78
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 2233002034
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 270.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 10.00
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 2835.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Rectangular Lot
  • Lot Size Sq Ft: 9247.00
  • Lot Size Acres: 0.2123

Multi Family

  • Electric Expense: 10066.00
  • Gross Income: 152580.00
  • Gross Multiplier: 13.90
  • Gross Scheduled Income: 152580.00
  • Lot Size Area: 9247.0000 Square Feet
  • Net Operating Income: 104883.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 10
  • Number Of Units Total: 10
  • Operating Expense: 48099.00
  • Rent Control: Yes
  • Total Expenses: 48099.00

Tax Info

  • New Taxes Expense: 27000.00
  • Tax Census Tract: 1276.06
  • Tax Lot: 24
  • Tax Tract Number: 21923

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $2,050,000 -8.9% $270 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $2,250,000 -- $297 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19085006

California Regional Multiple Listing Service (CRMLS)