Situated on a large double lot at 7001 Hazeltine Ave, this well-maintained 10-unit property presents an outstanding opportunity for investors looking to acquire a multifamily asset in a high-demand rental market. The property offers a desirable unit mix of six 1-bedroom, 1-bath units and four 2-bedroom, 1-bath units, catering to a broad tenant base. Positioned on a high-visibility corner lot, the building features on-site parking with storage, a highly sought-after amenity in the area.The property is individually metered for gas and electricity, ensuring lower operating costs, and includes on-site laundry facilities for tenant convenience. With a tremendous rental upside, investors have the opportunity to increase revenue while benefiting from a consistently strong rental market.Located in the heart of Van Nuys, this property offers easy access to major transportation hubs and shopping destinations. The Van Nuys Transit Station is just minutes away, while the I-405 and CA-170 freeways provide seamless connectivity throughout Los Angeles. Tenants will appreciate the convenience of nearby retail and service centers, including Panorama Mall, Van Nuys DMV, Van Nuys Costco, and Los Angeles Valley College.With strong tenant demand, future income growth potential, and an unbeatable location, 7001 Hazeltine Ave is an ideal investment for those seeking long-term value in a thriving 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.
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DAYS ON MARKET
|
1
|
LAST UPDATED
|
4/29/2025
|
|
YEAR BUILT
|
1953
|
COMMUNITY
|
Van Nuys
|
|
COUNTY
|
Los Angeles
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STATUS
|
Active
|
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PROPERTY TYPE(S)
|
Residential Income
|
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| AREA |
Van Nuys |
| LOT |
0.41 acre(s) |
| LOT DESCRIPTION |
6-10 Units/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
| ZONING |
LARD1.5 |
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Listed with Keller Williams Realty-Studio City
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 4/29/25 7:01 PM PDT 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
This IDX solution is (c) Diverse Solutions 2025.
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