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Listed by James Antonucci • Keller Williams Realty-Studio City
$1,235,000
Est. payment /mo
6,396 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25094535
Year Built 1957
Lot Size 6,396 Sqft
Source California Regional MLS
Property Description
Located in a high-demand rental market, 7224 Hazeltine Ave presents an exceptional opportunity for investors seeking a well-maintained multifamily property with strong income potential. This six-unit building features a desirable unit mix of two 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units, appealing to a broad tenant base. With on-site parking and storage, residents enjoy added convenience, enhancing the property's long-term rental appeal. The building has been upgraded for efficiency and durability, including a new roof installed in 2023 and copper plumbing, ensuring lower maintenance costs for years to come. Additionally, the property is individually metered for gas and electricity, allowing for reduced owner expenses. On-site laundry facilities provide further tenant convenience, adding to the property's desirability. Strategically located, the property offers easy access to major freeways, including the I-405 and CA-170, making it a prime spot for commuters. The Van Nuys Transit Station is just minutes away, and tenants will appreciate the convenience of nearby shopping, dining, and services, including Panorama Mall, Van Nuys DMV, and Los Angeles Valley College. With strong rental demand and tremendous upside potential, investors have the opportunity to inc
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Interior
Laundry Laundry Area
Exterior
Parking Features Carport
Pool None
Building
Water District - Public
Others
Tax ID 2216002056
Special Listing Condition Not Applicable
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