Van Nuys, CA 91405,6862 Hazeltine AVE
Van Nuys, CA 91405,6862 Hazeltine AVE
Van Nuys, CA 91405,6862 Hazeltine AVE
Van Nuys, CA 91405,6862 Hazeltine AVE
Van Nuys, CA 91405,6862 Hazeltine AVE
Van Nuys, CA 91405,6862 Hazeltine AVE
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$ 2,235,000
Est. payment | /mo

0.36 Acres Lot


$ 2,235,000
Est. payment | /mo

0.36 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SR25093549

HOA Y/N No

Year Built 1926

Lot Size 0.359 Acres

Property Sub-Type Apartment

Property Description

Located in a high-demand rental market, 6860 Hazeltine Ave presents an exceptional opportunity for investors looking to acquire a well-maintained multifamily property with strong upside potential. This 11-unit building features a desirable unit mix of three 1-bedroom, 1-bath units and eight 2-bedroom, 1-bath units, catering to a diverse tenant base. Situated on a large double lot, the property offers on-site parking and the potential to add an Accessory Dwelling Unit (ADU) for increased rental income.

The building is individually metered for gas and electricity, reducing owner expenses. On-site laundry facilities provide added convenience for tenants, enhancing the property's appeal. With a tremendous rental upside, this asset offers an excellent opportunity to increase returns over time.

Strategically located, the property offers easy access to major freeways, including the CA-170 and I-5, making commuting throughout Los Angeles effortless. Tenants will appreciate the proximity to major retail and transit hubs, including Van Nuys Transit Station, Panorama Mall, and Costco Van Nuys. Additionally, Los Angeles Valley College is just a short distance away, making this a great option for students and faculty seeking convenient housing.

With its prime location, strong tenant demand, and value-add potential, 6860 Hazeltine Ave is an ideal investment opportunity in a thriving Van Nuys 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.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LARD1.5

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Suburban

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2216013014

Energy Description 5480.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by James Antonucci • Keller Williams Realty-Studio City • 818-381-6601

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

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Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

agent
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | ruby@rubyraymond.com

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