$7,100,000

7342 Haskell Ave Los Angeles, CA 91406

Van Nuys Neighborhood

Estimated payment $46,766/month

Total Views 512
36 Beds
36 Baths
24,349 Sq Ft
$292 Price per Sq Ft

Highlights

  • 0.39 Acre Lot
  • Central Heating
  • Controlled Entrance

About This Home

7342 Haskell Ave, a 21-unit multifamily asset not subject to LA City Rent Control. SELLER WILL CARRY at 4.5% interest-only in year 1, 5.5% interest-only in year 2. Built in 1986, the property is exempt from Los Angeles City rent control, allowing for annual rental increases of 5% plus CPI, currently 8.8% annually. Significant capital improvements totaling approximately $500,000 have been invested into the property, including a new roof, elevator, exterior paint, upgraded hallway flooring, modern lobby tile, security camera installation, and updated interior lighting. Additionally, there is an opportunity to add Five 1-bedroom/1-bath ADUs without losing adequate parking and potentially increasing annual income by $100,000.Proximity to Major Developments: *East San Fernando Valley Light Rail Transit Project: Approximately 1.5 miles east, this 6.7-mile light rail line along Van Nuys Boulevard is under construction, with completion anticipated in 2031. It will enhance connectivity and transit options in the area.*G Line Busway Improvements: Around 2 miles southeast, the Metro G Line is undergoing a $668 million upgrade, including the construction of elevated stations at key intersections like Van Nuys Boulevard and Sepulveda Boulevard, aiming to improve travel times and reliability. *The Brightly at 6569 Van Nuys Blvd: Located approximately 2.5 miles southeast, this six-story development features 174 residential units and 18,400 square feet of ground-floor commercial space, contributing to the area's revitalization. *Affordable Housing at 6100 Hazeltine Ave: About 3 miles southeast, a seven-story building with 72 affordable units is under development, addressing housing needs and promoting community growth. This offering is ideal for investors seeking a well-maintained asset with value-add potential in a neighborhood poised for continued growth and development. ***Contact us today to request the OM or schedule a private tour.***

Last Listed By

Kelly Morgan

KW Advisors License #01898026 Listed on: 06/05/2025

KW Advisors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Home Design

  • Split Level Home

Interior Spaces

  • 24,349 Sq Ft Home
  • 3-Story Property
  • Elevator

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 36 Bathrooms

Parking

  • 44 Parking Spaces
  • Controlled Entrance

Additional Features

  • 0.39 Acre Lot
  • Central Heating

Community Details

  • 21 Units

Listing and Financial Details

  • Assessor Parcel Number 2206-029-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 24349
  • Lot Acreage: 0.3865
  • Probate: No
  • Stories: 3
  • Year Built: 1986
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 36
  • Total Bathrooms: 36.00
  • Equipment: Elevator
  • Price Per S Q F T: 291.59

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Controlled Entrance
  • Total Parking: 44

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 60.67
  • Assessed Improvement Value: 4131000
  • Assessed Land Percent: 39.33
  • Assessed Land Value: 2677500
  • Total Assessed Value: 6808500
  • Assessor Parcel Number: 2206-029-022
  • Lot Size Area: 16836

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.60
  • Number Of Units: 21
  • Total Annual Expense: 207664
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Map

Range of Values:

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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 Change Sq Ft Price
06/05/2025 06/05/25 For Sale $7,100,000 -- $292 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25548685

The MLS

California Los Angeles County Los Angeles 91406 Van Nuys

7342 Haskell Ave, Los Angeles, CA

This home is located at 7342 Haskell Ave, Los Angeles, CA 91406 and is currently priced at $7,100,000, approximately $291 per square foot. This property was built in 1986. 7342 Haskell Ave is a home located in Los Angeles County with nearby schools including Cohasset Street Elementary, Robert Fulton College Preparatory, and Birmingham Community Charter High.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Kelly Morgan
Listing Agent
Kelly Morgan
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KW Advisors
(747) 229-0412