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$7,250,000
Est. payment /mo
36 Beds
36 Baths
24,349 SqFt
UPDATED:
12/05/2024 02:16 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 24,349 sqft
Price per Sqft $297
MLS Listing ID 24465779
Bedrooms 36
HOA Y/N No
Year Built 1986
Lot Size 0.386 Acres
Property Description
The Haskell Apartments, located at 7342 Haskell Avenue in the Lake Balboa community, property offers investors a rare opportunity to acquire a renovated and upgraded 21-unit multifamily property with an excellent opportunity to add five 1+1 ADUs while maintaining adequate parking.Built in 1986, the building has undergone approximately $500,000 in capital improvements, including new roof, new elevator, fresh exterior paint, upgraded hallway flooring, new lobby tile, security camera installation and modern interior sconce lighting.***Opportunity to add Five 1+1 ADUs adding $1,176,002 in immediate value***Constructed in 1986, the property falls under SB1482 State Rent Control, 5% + CPI rent increases allowed***Approximately $500,000 has been invested in capital improvements to enhance the building***New Roof, New Elevator***18 of the 21 units have been upgraded***Over 70% 2+2 units***Contact us for an OM***
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Zoning LAR3
Interior
Heating Central
Fireplace No
Exterior
Parking Features Controlled Entrance
Total Parking Spaces 39
Building
Story 3
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2206029022
Special Listing Condition Standard
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Listed by Kelly Morgan • KW Advisors