7342 Haskell Avenue, Van Nuys, CA 91406

Local realty services provided by:ERA North Orange County Real Estate
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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:73 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

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

Heating and cooling

  • Heating:Central Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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