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6818 Hazeltine Avenue

Van Nuys, CA 91405
  • $1,030,000
  • STATUS: Active
  • ON SITE: 107 Days
  • ID#: SB22006836
UPDATED: 138 min ago
$1,030,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1954
County:

School Ratings & Info

Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


Description

6818 Hazeltine Ave is a value-add 4-unit property locatedin the heart of Van Nuys, right off Vanowen St and VanNuys Blvd. This mixed-use property is comprised of (2)1Bed+1Bath residential units and (2) commercial units,currently operating as an auto parts shop and metalworks shop. 6818 Hazeltine Ave has nearly 30% upsideonce the units are rented for market rate. With an 8,768SF lot, the new buyer would be able to develop theproperty into either 6 residential units or multiplecommercial units- buyer to do their own due diligence.6818 Hazeltine Ave is a unique investment or developmentopportunity with significant growth potential oncestabilized.The subject property is located just minutes away fromMetro's Orange Line, ideal for the renter who has acommute to work. With millions of dollars worth of capitalpouring into Los Angeles Public Transit, the city of VanNuys is poised to become an important transit hub for LosAngeles.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T00:30:37.253. 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 deemed reliable but is not guaranteed accurate by the MLS or Cochren Realty Team | Just Listed So Cal. Licensed in the State of California, USA.
www.cochrenrealty.com/homes/125286001
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6818 Hazeltine Avenue Van Nuys, CA 91405

  • Price: $1,030,000
  • Status: Active
  • On Site: 107 Days
  • Updated: 138 min ago
  • ID#: SB22006836
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1954
Built
Neighborhood:
VN - Van Nuys
County:
Los Angeles
Area:
VN - Van Nuys
Property Description
6818 Hazeltine Ave is a value-add 4-unit property locatedin the heart of Van Nuys, right off Vanowen St and VanNuys Blvd. This mixed-use property is comprised of (2)1Bed+1Bath residential units and (2) commercial units,currently operating as an auto parts shop and metalworks shop. 6818 Hazeltine Ave has nearly 30% upsideonce the units are rented for market rate. With an 8,768SF lot, the new buyer would be able to develop theproperty into either 6 residential units or multiplecommercial units- buyer to do their own due diligence.6818 Hazeltine Ave is a unique investment or developmentopportunity with significant growth potential oncestabilized.The subject property is located just minutes away fromMetro's Orange Line, ideal for the renter who has acommute to work. With millions of dollars worth of capitalpouring into Los Angeles Public Transit, the city of VanNuys is poised to become an important transit hub for LosAngeles.
Exterior Features

Lot Features 0-1 Unit/Acre

Property Features

Additional Parcels YN No Common Interest None Gross Scheduled Income 64440 Laundry Features None Listing Agreement Exclusive Right To Sell Net Operating Income 42644 Operating Expense 19863 Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T00:30:37.253. 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 deemed reliable but is not guaranteed accurate by the MLS or Cochren Realty Team | Just Listed So Cal. Licensed in the State of California, USA.
 
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Cochren Realty Team | Just Listed So Cal
25321 Railroad Canyon Rd #504
Lake Elsinore CA, 92532
Listing Agent(s): Cameron Samimi of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)