6862 Hazeltine Avenue, Van Nuys, CA

$2,235,000

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3

Beds

2

Baths

0.36

Acres

About 6862 Hazeltine Avenue

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 propertys 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. Refere

Features of 6862 Hazeltine Avenue

MLS® # SR25093549
Price $2,235,000
Bedrooms 3
Bathrooms 2.00
Acres 0.36
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 6862 Hazeltine Avenue
Area VAN NUYS (91405)
City Van Nuys
County Los Angeles
State CA
Zip Code 91405

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Additional Information

Date Listed April 4th, 2025
Days on Market 109
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty-Studio City

Listing Map

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