7342 Haskell Avenue, Van Nuys, CA 91406

Local realty services provided by:Nelson Shelton Real Estate ERA Powered
7342 Haskell Avenue,Van Nuys, CA 91406
$7,100,000
  • 36 Beds
  • 36 Baths
  • 24,349 sq. ft.
  • Multi-family
  • Active
Listed by:kelly morgan
Office:houze real estate management
MLS#:25548685
Source:CRMLS

Price summary

  • Price:$7,100,000
  • Price per sq. ft.:$291.59

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

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Home facts

  • Year built:1986
  • Listing ID #:25548685
  • Added:117 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:36
  • Total bathrooms:36
  • Living area:24,349 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1986
  • Building area:24,349 sq. ft.
  • Lot area:0.39 Acres

Finances and disclosures

  • Price:$7,100,000
  • Price per sq. ft.:$291.59
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