7224 Hazeltine Avenue
Van Nuys, CA, 91405
$1,235,000
Beds
0 Baths
SqFt
0.15 Acres
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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 increase returns over time.

With modern upgrades, excellent location, and future income growth potential, 7224 Hazeltine Ave is a standout investment opportunity in Van Nuys.

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:
$1,235,000
MLS #:
SR25094535
Status:
Active
Baths:
0
Address:
7224 Hazeltine Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
vnvannuys
City:
Van Nuys
Listed Date:
Apr 4, 2025
State:
CA
ZIP:
91405
Lot Size:
6,396 sqft / 0.15 acres (approx)
Year Built:
1957
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6-10 Units/ Acre
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2
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7224 Hazeltine Avenue
Van Nuys, CA