The Haskell Apartments, located at 7342 Haskell Avenue in the Lake Balboa community, property offers investors a rare opportunity to acquire a renovated and upgraded 21-unit multifamily property with an excellent opportunity to add five 1+1 ADUs while maintaining adequate parking.Built in 1986, the building has undergone approximately $500,000 in capital improvements, including new roof, new elevator, fresh exterior paint, upgraded hallway flooring, new lobby tile, security camera installation and modern interior sconce lighting.***Opportunity to add Five 1+1 ADUs adding $1,176,002 in immediate value***Constructed in 1986, the property falls under SB1482 State Rent Control, 5% + CPI rent increases allowed***Approximately $500,000 has been invested in capital improvements to enhance the building***New Roof, New Elevator***18 of the 21 units have been upgraded***Over 70% 2+2 units***Contact us for an OM***
DAYS ON MARKET
|
6
|
LAST UPDATED
|
11/24/2024
|
YEAR BUILT
|
1986
|
COMMUNITY
|
Lake Balboa
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AREA |
Lake Balboa |
GARAGE |
Controlled Entrance |
HEAT |
Central |
LOT |
0.39 acre(s) |
PARKING |
Controlled Entrance |
STORIES |
3 |
ZONING |
LAR3 |
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Listed with KW Advisors
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 11:27 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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