Located in a high-demand rental market, 6860 Hazeltine Ave presents an exceptional opportunity for investors looking to acquire a well-maintained multifamily property with strong upside potential. This 11-unit building features a desirable unit mix of three 1-bedroom, 1-bath units and eight 2-bedroom, 1-bath units, catering to a diverse tenant base. Situated on a large double lot, the property offers on-site parking and the potential to add an Accessory Dwelling Unit (ADU) for increased rental income.
The building is individually metered for gas and electricity, reducing owner expenses. On-site laundry facilities provide added convenience for tenants, enhancing the property’s appeal. With a tremendous rental upside, this asset offers an excellent opportunity to increase returns over time.
Strategically located, the property offers easy access to major freeways, including the CA-170 and I-5, making commuting throughout Los Angeles effortless. Tenants will appreciate the proximity to major retail and transit hubs, including Van Nuys Transit Station, Panorama Mall, and Costco Van Nuys. Additionally, Los Angeles Valley College is just a short distance away, making this a great option for students and faculty seeking convenient housing.
With its prime location, strong tenant demand, and value-add potential, 6860 Hazeltine Ave is an ideal investment opportunity in a thriving Van Nuys neighborhood.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
The building is individually metered for gas and electricity, reducing owner expenses. On-site laundry facilities provide added convenience for tenants, enhancing the property’s appeal. With a tremendous rental upside, this asset offers an excellent opportunity to increase returns over time.
Strategically located, the property offers easy access to major freeways, including the CA-170 and I-5, making commuting throughout Los Angeles effortless. Tenants will appreciate the proximity to major retail and transit hubs, including Van Nuys Transit Station, Panorama Mall, and Costco Van Nuys. Additionally, Los Angeles Valley College is just a short distance away, making this a great option for students and faculty seeking convenient housing.
With its prime location, strong tenant demand, and value-add potential, 6860 Hazeltine Ave is an ideal investment opportunity in a thriving Van Nuys neighborhood.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Property Details
Price:
$2,235,000
MLS #:
SR25093549
Status:
Active Under Contract
Baths:
0
Address:
6862 Hazeltine Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
vnvannuys
City:
Van Nuys
Listed Date:
Apr 4, 2025
State:
CA
ZIP:
91405
Lot Size:
15,647 sqft / 0.36 acres (approx)
Year Built:
1926
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Schools
Interior
Exterior
Community Features
Suburban
Garage Spaces
0.00
Lot Features
11-15 Units/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address6862 Hazeltine Avenue Van Nuys CA
- AreaVN – Van Nuys
- CityVan Nuys
- CountyLos Angeles
- Zip Code91405
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6862 Hazeltine Avenue
Van Nuys, CA
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