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7356 Haskell Ave 7356 Haskell Ave 21 Unit Apartment Building $3,995,000 ($190,238/Unit) 5.04% Cap Rate Van Nuys, CA 91406
Investment Highlights
- 21-Unit Value-Add Multifamily Investment Opportunity in Prime Van Nuys Location
- Recent Capital Improvements! Soft-Story Retrofit Completion, Updated Electrical Panels, Plumbing Repiping, Electric Water Heaters,Upgraded Pool Equip.
- Convenient Access to the 405 Freeway, Major Employment Centers, Retail, Dining, and Public Transportation Throughout the San Fernando Valley
- Prominent Corner-Lot Property Situated on a 17,011 SF LAR3-Zoned Parcel
- Attractive Amenities Including Covered Swimming Pool, Gated Parking, and 21 On-Site Parking Spaces
- Two vacant 1 bedroom/1 bathroom units - Immediate rental income upside!
Executive Summary
7356 Haskell Avenue presents an outstanding opportunity to acquire a well-maintained 21-unit multifamily investment in the heart of Van Nuys, one of the San Fernando Valley's strongest and most established rental markets. Situated on a 17,011 SF LAR3-zoned corner parcel, the property consists of approximately 15,192 rentable square feet and features an attractive unit mix of four 2-bedroom/2-bath units, one 2-bedroom/1-bath unit, fifteen 1-bedroom/1-bath units, and one studio. The property offers investors immediate cash flow with significant upside through continued unit turnover and rental growth.
Residents enjoy desirable amenities including a covered swimming pool, 21 on-site parking spaces (including an enclosed two-car garage), gated access, and on-site laundry facilities. Ownership has completed several major capital improvements, including the soft-story retrofit, updated electrical panels, plumbing repiping, electric water heaters in the units, and upgraded pool equipment, helping reduce future capital expenditures.
Ideally located with convenient access to the 405 Freeway, major employment centers, public transportation, shopping, dining, and everyday conveniences, 7356 Haskell Avenue offers investors a rare combination of stable in-place income, value-add potential, and long-term appreciation in one of Los Angeles' most resilient multifamily submarkets.
Buyer to verify all information deemed important. All data including square footage, lot size, room dimensions, and property boundaries are approximations only and should be independently verified by the buyer.
Residents enjoy desirable amenities including a covered swimming pool, 21 on-site parking spaces (including an enclosed two-car garage), gated access, and on-site laundry facilities. Ownership has completed several major capital improvements, including the soft-story retrofit, updated electrical panels, plumbing repiping, electric water heaters in the units, and upgraded pool equipment, helping reduce future capital expenditures.
Ideally located with convenient access to the 405 Freeway, major employment centers, public transportation, shopping, dining, and everyday conveniences, 7356 Haskell Avenue offers investors a rare combination of stable in-place income, value-add potential, and long-term appreciation in one of Los Angeles' most resilient multifamily submarkets.
Buyer to verify all information deemed important. All data including square footage, lot size, room dimensions, and property boundaries are approximations only and should be independently verified by the buyer.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,995,000 | Apartment Style | Low-Rise |
| Price Per Unit | $190,238 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.39 AC |
| Cap Rate | 5.04% | Building Size | 15,192 SF |
| Gross Rent Multiplier | 9.6 | No. Stories | 2 |
| No. Units | 21 | Year Built | 1964 |
| Property Type | Multifamily | Parking Ratio | 1.38/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | LAR3 - Multiple Dwelling | ||
| Price | $3,995,000 |
| Price Per Unit | $190,238 |
| Sale Type | Investment |
| Cap Rate | 5.04% |
| Gross Rent Multiplier | 9.6 |
| No. Units | 21 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 15,192 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.38/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR3 - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Intercom
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | $1,985 | 1 - 15,192 |
| 2+1 | 1 | $2,282 | 1 - 15,192 |
| 1+1 | 15 | $1,428 | 1 - 15,192 |
| Studios | 1 | $1,400 | 1 - 15,192 |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2206-029-008 | Total Assessment | $3,341,135 (2025) |
| Land Assessment | $1,418,179 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,922,956 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
2206-029-008
Land Assessment
$1,418,179 (2025)
Improvements Assessment
$1,922,956 (2025)
Total Assessment
$3,341,135 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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