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Listed price in listed location currency (USD).
$2,550,000

101010

MLS® 26845473

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 8830 sqft
Garage 
Taxes 
Days Active 2
Lot Size 0.1553 Acres
Approx. Age 1987
Avg. Price Per Sqft $288
MLS® Number 26845473

Property Address: 7437 Haskell Ave, Van Nuys, CA, 91406

Average square foot calculated using Size range provided by listing agent.

Description

Due to its construction in 1987, the property is not subject to Los Angeles rent control and instead allows for higher annual rent increases via AB 1482. Given its attractive 6.46% CAP Rate, the asset offers an investor both strong immediate cash flow as well as the opportunity to increase future income more rapidly without the restrictions of Los Angeles rent control. With spacious one-bedroom floorplans averaging approximately 875 square feet each, the property can more easily attract higher-paying tenants. Its array of desirable amenities, including central air/heat, private balconies, and on-grade garage parking, allow the building to achieve more premium rents than competing apartments in the local area. Several of the units have already been thoroughly upgraded, saving an owner from future renovation costs while providing a clear blueprint for remodeling the remaining apartments. Interior upgrades in renovated units include wood flooring, stone countertops, stainless steel appliances, recessed lighting, and new ceiling fans. The building does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list, saving an investor from an otherwise costly maintenance expense. Located near the intersection of Sherman Way and Haskell Avenue, the property offers residents incredibly easy access to the 405 Freeway, connecting tenants to various job centers and retail destinations throughout the San Fernando Valley and Greater Los Angeles Metro area.
MLS® Number26845473
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1987
Basement
DrivewayAssigned
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 12, 2026List Date
$2,550,000List Price
-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$2,730,000List Price
  • Commute

Commute

Starting Address
Destination Address
7437 Haskell Ave, Van Nuys, CA

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