5709 Hazeltine Avenue,  Van Nuys CA, 91401 (Residential Income)

448,200 sqft
Status: Active
MLS#: 17273064
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Last Updated: 10/22/2017 1:39 PM
Description for 5709 Hazeltine Avenue Van Nuys, CA 91401
The subject property is a four-unit apartment building in the prestigious community of Sherman Oaks, CA. Constructed in 1964, this two-story building sits on a 5,285 square foot lot. Boasting an attractive unit mix of 2 two bedroom units and 2 three bedroom units, the building' s spacious floorplans average over 1,000 square feet each. The property has been very well maintained through the years and demonstrates the pride of ownership characteristics seen in other apartment buildings in the vicinity. Located only minutes away from the Sherman Oaks Galleria and the Westfield Fashion Square, 5709 Hazeltine provides tenants the comfort of central air conditioning. Maintenance and utility expenses are limited thanks to the building' s partial copper plumbing and individual water heaters. With over 15% upside in rents, an astute investor will have the opportunity to capitalize on the improving market and achieve premium rents.
Price
$1,395,000
Los Angeles
448,200 (approx)
17273064
Active
Description
The subject property is a four-unit apartment building in the prestigious community of Sherman Oaks, CA. Constructed in 1964, this two-story building sits on a 5,285 square foot lot. Boasting an attractive unit mix of 2 two bedroom units and 2 three bedroom units, the building' s spacious floorplans average over 1,000 square feet each. The property has been very well maintained through the years and demonstrates the pride of ownership characteristics seen in other apartment buildings in the vicinity. Located only minutes away from the Sherman Oaks Galleria and the Westfield Fashion Square, 5709 Hazeltine provides tenants the comfort of central air conditioning. Maintenance and utility expenses are limited thanks to the building' s partial copper plumbing and individual water heaters. With over 15% upside in rents, an astute investor will have the opportunity to capitalize on the improving market and achieve premium rents.
Listing Information
Property Type: Cluster, Other
0.12 Acres 5,285 sq.ft. 448,200 (approx)
$311.24 1964
4 Total
Neighborhood
Room Information
Exterior / Lot Features
LARD1.5
Driving Directions
The beautiful four-unit building is located less than three miles from both the 101 and 405 Freeways, which provides easy access to major employment hubs in Los Angeles County.
Financial Considerations
2245028038
,$32,803
Listing Price History

Van Nuys Real Estate

Van Nuys is located in California.

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Courtesy: Roderick "Rick" Raymundo - Marcus & Millichap Roderick "Rick" Raymundo
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