Seller's Agent in 2022
Ed Koenig
Ed Koenig IRE
(818) 903-8088
2 in this area
30 Total Sales
Estimated Value: $1,480,151 - $2,374,000
7537-7541 Haskell Avenue - must be sold together. Opportunity Zone!!! Builders/Developers here is an opportunity to purchase two side by side properties totaling over 20,000 sqft of land and 120 ft of frontage on Haskell Avenue. Currently zoned R3-R1 you can build up to 23 units By-Right and 32 utilizing LA City’s Density Bonus and ADU incentives programs (Buyer is advised to confirm and perform their own due diligence within the LADBS). The combined property currently consists of 6 units (a four-unit building and a duplex) to total a yearly gross income of $87,000.
Alternative Option: Buy, tear down duplex, build 12 units by right, add 4 units to existing neighboring building, reduce build cost and create additional income. Last Option: buy and inventory the project for a future build. With plenty of upside in future rents you can operate the building during the development process.
The Location: The site is in the Northern area of Van Nuys. Positioned among several multi-family properties, newly constructed buildings, industrial businesses, freeway adjacent and minutes to Van Nuys Airport and Flyaway is an makes it easy to lease. All the indicators show that the demand for housing is continuing to increase and with that said… it suggests for a strong rental market for the future.
Disclaimer: Property to be sold AS-IS with current tenants in place. Drive-by only and please do not disturb tenants.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sehrish Mernon Family Trust | -- | Lawyers Title | |
| Devon Bank | $1,487,500 | Lawyers Title | |
| Waagenaar Gary | -- | -- | |
| Waagenaar Gary D | $310,000 | Equity Title Company | |
| Minassian Zareh | -- | -- | |
| Artinian Jack H | -- | -- | |
| Artinian Jack H | -- | Continental Land Title | |
| Minassian Artin | -- | United Title Company |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sehrish Mernon Family Trust | $2,440,312 | |
| Closed | Devon Bank | $2,440,312 | |
| Previous Owner | Waagenaar Gary D | $232,500 | |
| Previous Owner | Minassian Artin | $255,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/24/2022 05/24/22 | Sold | $2,375,000 | -9.5% | $679 / Sq Ft |
| 03/28/2022 03/28/22 | Pending | -- | -- | -- |
| 03/03/2022 03/03/22 | For Sale | $2,624,500 | 0.0% | $751 / Sq Ft |
| 01/28/2022 01/28/22 | Pending | -- | -- | -- |
| 01/14/2022 01/14/22 | For Sale | $2,624,500 | 0.0% | $751 / Sq Ft |
| 09/20/2018 09/20/18 | Rented | $1,500 | 0.0% | -- |
| 09/15/2018 09/15/18 | Under Contract | -- | -- | -- |
| 08/18/2018 08/18/18 | For Rent | $1,500 | -- | -- |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $19,164 | $1,578,546 | $711,009 | $867,537 |
| 2024 | $19,164 | $1,547,595 | $697,068 | $850,527 |
| 2023 | $18,796 | $1,517,250 | $683,400 | $833,850 |
| 2022 | $5,720 | $440,157 | $227,176 | $212,981 |
| 2021 | $5,635 | $431,527 | $222,722 | $208,805 |
| 2019 | $5,476 | $418,729 | $216,117 | $202,612 |
| 2018 | $5,333 | $410,520 | $211,880 | $198,640 |
| 2016 | $5,070 | $394,581 | $203,653 | $190,928 |
| 2015 | $5,000 | $388,655 | $200,594 | $188,061 |
| 2014 | $5,043 | $381,043 | $196,665 | $184,378 |
Seller's Agent in 2022
Ed Koenig
Ed Koenig IRE
(818) 903-8088
2 in this area
30 Total Sales
S
Buyer's Agent in 2022
Suzy Ly Laudadio
Beverly and Company, Inc.
(310) 963-8112
1 in this area
7 Total Sales
Seller's Agent in 2018
Gina Uzunyan
Koenig Properties
(818) 521-8088
1 in this area
40 Total Sales
Buyer's Agent in 2018
Filip Crispino
Keller Williams North Valley
(818) 635-6743
3 in this area
76 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22008659
APN: 2206-014-042