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6860 Hazeltine Ave

6860 Hazeltine Ave
Van Nuys, California 01

    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.

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Status: For Sale
Icon 11 Units
Icon 15,659 SF/Lot
Icon LARD1.5 Zoning
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Agent
James Antonucci
Senior Vice President of Investments
BRE 01822661
Agent
Mike Pesci
Senior Vice President of Investments
BRE 01274379
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