For sale 4 units in Van Nuys , CA. For more information contact the listing agent , Glen Scher S 818-212-2808 Glen.Scher@marcusmillichap.com

2467 sq. ft.

Posted: 06/27/2022 7:40 pm | On HOMEiZ: 675 days | Updated: 1 year ago | Views: 479

Location Map

Property Type

Property status

Sold

Property Price

Asking Price

$1160000

Last Sold Price

$1160000

Last Sold Date

06/28/2022

Total Finished Sq. Ft.

2467

Total Lot size

5,896 Sq. Ft.

Price per Sq. Ft.

$470

No. of Units

(4 ) units

Unit #1 Total sq. ft.

N/A

Unit #2 Total sq. ft.

N/A

Unit #3 Total sq. ft.

N/A

Unit #4 Total sq. ft.

N/A

Year built

1928

Overall Property Condition

Good

Annual Property Tax Rate for this property

1.25%

Property tax total amount

$14500

Commission Split %

2.0%

Financing

This property can be financed

Conventional Loan

Yes

FHA Loan

VA Loan

Mello-Roos

USDA / RHS Loans

Hard Money Loan

Yes

Property Location & Description

Listing Headline

For sale 4 units in Van Nuys , CA. For more information contact the listing agent , Glen Scher S 818-212-2808 Glen.Scher@marcusmillichap.com

Property Description

800 square foot, 2 bedroom house in front, which was built in 1928 and subject to LA rent control, and a triplex at the back of the lot which was built in December 1978 and is comprised of (2) 1 bed units and (1) bachelor. Since this triplex in back was built after the cutoff for LA Rent Control, those three apartment units are not subject to LA's strict rent control laws, and they are only subject to the more lenient AB-1482 rent control laws which allows annual rent increases equal to 5% + CPI. Also, the front 2-bed house was fully renovated in 2015 with all new electrical, plumbing, floors, kitchen, bathroom, etc.

Location Description

Property located at 5821 Hazeltine Ave in Van Nuys, CA, ideally situated South of Oxnard Street, and just two blocks north of the Sherman Oaks city border at Burbank Blvd.

Property Information

Community Features

Sidewalks

Street Lighting

View

None

Additional Features

4.01% CAP Rate 14.99 GRM.

Building and Construction

Basement

None

Exterior

Wood products

# of Stories

Additions to home Structural

No Data

Room Features

Utilities

Cooling System

Central

Heating System

Forced air

Heating Method

Other

Sewer

Type of Sewer

Sewer System (Public)

Parking

Parking type

Garage - Attached

Off-street

# of Covered Parkings

Garage sq. ft.

600

Energy Efficiency

Energy Star Certified

How old is you cooling and heating system?

No Data

Efficiency rating

N/A

R-value

N/A

Windows single-pane?

Natural daylight

Appliances energy efficient

Roof

Neighborhood lifestyle

Lifestyle

Urban Core

More information

MLS Listing #

22-154781

MLS URL of this listing to link to your own site or brokerage site

Open house

Listing Info

Listing ID: 3155

Sold

For Sale

$1,160,000

Listing Presented by

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5821 Hazeltine Avenue . Van Nuys , CA 91401