6358 Hazeltine Avenue

    Van Nuys, CA 91401
    • $1,700,000
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: 18349526
    UPDATED: 31 min ago
    $1,700,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,670
      SQFT
    • $463
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2016
    County:

    School Ratings & Info

    Description

    We are pleased to announce the sale of 6358 Hazeltine Avenue, a newly constructed 4-unit non-rent controlled multifamily property in the desirable Valley Glen neighborhood of Van Nuys, CA. Situated on Hazeltine Avenue between Oxnard Street and Victory Boulevard, the two-story building consists entirely of two- and three-bedroom units. Because the asset contains four units, a new owner may explore the possibility of residential financing, which could allow for a lower down payment.To help maximize rents, the well-apointed interiors feature condominium quality finishes such as granite countertops, in-unit washer/dryers, wood plank flooring, recessed lighting, and custom cabinets. Each unit has an individual tankless water heater, its own balcony or private patio, and central air and heat. Given its new construction, the property offers a new investor a high-end product with little, if any, deferred maintenance.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-18T18:29:45.847. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84093620

    6358 Hazeltine Avenue Van Nuys, CA 91401

    • Price: $1,700,000
    • Status: Active
    • Updated: 31 min ago
    • ID#: 18349526
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,670
    SQFT
    $463
    $/SQFT
    2016
    Built
    Neighborhood:
    VG - Valley Glen
    County:
    Los Angeles
    Area:
    VG - Valley Glen
    Property Description
    We are pleased to announce the sale of 6358 Hazeltine Avenue, a newly constructed 4-unit non-rent controlled multifamily property in the desirable Valley Glen neighborhood of Van Nuys, CA. Situated on Hazeltine Avenue between Oxnard Street and Victory Boulevard, the two-story building consists entirely of two- and three-bedroom units. Because the asset contains four units, a new owner may explore the possibility of residential financing, which could allow for a lower down payment.To help maximize rents, the well-apointed interiors feature condominium quality finishes such as granite countertops, in-unit washer/dryers, wood plank flooring, recessed lighting, and custom cabinets. Each unit has an individual tankless water heater, its own balcony or private patio, and central air and heat. Given its new construction, the property offers a new investor a high-end product with little, if any, deferred maintenance.
    Exterior Features

    Lot Features Sprinklers None Lot Size Source Assessor Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Interior Features

    Cooling Central Cooling YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Cap Rate 4.03 Gross Multiplier 16.10 Gross Operating Income 105600.00 Improvements Amount 0 Land Value 419399 Laundry YN Yes Net Operating Income 68578.00 Special Listing Conditions Standard Total Expenses 33854.00 Zoning Lard1.5

    Listing provided courtesy of Roderick 'Rick' Raymundo of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-18T18:29:45.847. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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