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.
DAYS ON MARKET
|
1
|
LAST UPDATED
|
4/29/2025
|
YEAR BUILT
|
1957
|
COMMUNITY
|
Van Nuys
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AREA |
Van Nuys |
GARAGE |
Carport |
LOT |
6396 sq ft |
LOT DESCRIPTION |
6-10 Units/Acre |
PARKING |
Carport |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
2 |
WATER |
Public |
ZONING |
LAR3 |
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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 11:28 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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