6240 Hazeltine Avenue, Van Nuys, CA 91401

Local realty services provided by:ERA North Orange County Real Estate
6240 Hazeltine Avenue,Van Nuys, CA 91401
$1,099,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: samuel woldeyesus
Office: compass
MLS#:OC25130493
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,099,000

About this home

Rare LAR3 zoned development or value add income opportunity in a prime pocket of Van Nuys. This property features four 2 bed 1 bath cottage style units with three detached buildings offering private entries and attached 1 car garages. Sitting on an oversized 10107 square foot lot measuring approximately 50 feet wide by 202 feet deep. The rear unit has a large private backyard and will be delivered vacant which is ideal for an owner user or a premium tenant. All units are currently occupied on month to month leases with consistent paying tenants generating 6400 per month with market rents supporting approximately 9500 per month. There is meaningful upside potential for investors seeking immediate reposition opportunities. The units are separately metered for gas and electricity which adds operational flexibility for long term investors or owner users. For developers the oversized R3 lot supports approximately 12 units by right and up to approximately 20 units with TOC Tier 3 incentives

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Home facts

  • Listing ID #:OC25130493
  • Added:186 day(s) ago
  • Updated:December 19, 2025 at 03:00 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4

Finances and disclosures

  • Price:$1,099,000
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