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Apartments For Sale • 10,990 SF
| A 10,990 sf 15-unit value-add investment opportunity in Lake Balboa, Van Nuys located at 6711 Haskell Ave |
| Steady in-place cash flow at a 4.18% CAP rate on current income with over 39% rental upside |
| A desirable unit mix of three singles, eight spacious one-bedrooms, three two-bedrooms and one three-bedroom |
| 14 gated parking spaces and the ownership has completed the soft story retrofit work |
| separately metered for both gas and electricity, there is also a community laundry room with washers and dryers on-site |
| Below market rents and little deferred maintenance will allow an investor to capitalize on the rental upside |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 8 min | - | 3.2 mi |
| Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 14 min | - | 6.6 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 14 min | - | 8.0 mi |
| Los Angeles International | 27 min | - | 19.9 mi |
| Long Beach (Daugherty Field) | 46 min | - | 37.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 14 |
| Type: | Covered |
| Included in Rent: | Yes |
