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6358 Hazeltine Ave
Van Nuys, CA 91401
2016 Const. | All 2 & 3 Bdrs | Condo Quality · Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Building Size | 3,670 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2016 |
| Building Class | C | Parking Ratio | 1.63/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,670 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2016 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | LARD1.5 |
About 6358 HAZELTINE AVE , VAN NUYS, CA 91401
Marcus & Millichap is pleased to announce the sale of 6358 Hazeltine Avenue, a newly constructed 4-unit non-rent controlled multifamily property in the desirable Valley Glen neighborhood of Van Nuys, CA. Situated on Hazeltine Avenue between Oxnard Street and Victory Boulevard, the two-story building consists entirely of two- and three-bedroom units. Because the asset contains four units, a new owner may explore the possibility of residential financing, which could allow for a lower down payment. To help maximize rents, the well-apointed interiors feature condominium quality finishes such as granite countertops, in-unit washer/dryers, wood plank flooring, recessed lighting, and custom cabinets. Each unit has an individual tankless water heater, its own balcony or private patio, and central air and heat. Given its new construction, the property offers a new investor a high-end product with little, if any, deferred maintenance. Located less than a half mile from the Sherman Oaks border, the property benefits from its visibility along a major Valley thoroughfare, its proximity to Los Angeles Valley College, and its convenience relative to the 101, 170, and 405 Freeways. When compared with similar newly constructed apartments, 6358 Hazeltine Avenue is offered at a very attractive price per unit for the new investor.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,000 | 805 |
| 3+2 | 2 | $2,400 | 1,017 - 1,043 |
Property Taxes
| Parcel Number | 2239-001-029 | Improvements Assessment | $1,137,827 |
| Land Assessment | $758,550 | Total Assessment | $1,896,377 |
Property Taxes
