Sold Price: $936,000 | 6,812 SF Lot | Built 1949 | 3-Units
Great Development Opportunity/Located in Opportunity Zone
ADDRESS
7423 Haskell Avenue
Lake Balboa, CA 91406
Team Ghobadi of Colliers International is pleased to present the sale of the well maintained triplex located at 7423 Haskell Avenue in the city of Lake Balboa.
Built in 1949 the unit mix is comprised of (2) one-bed/one-bath units and (1) three-bed/two-bath unit. Together these apartments come to 1,848 square feet of rentable space on 6,812 square feet of land. This triplex offers features such as individual A/C wall units, sprinklers in all units, a laundry room, a private front yard and 5 parking spaces with alley access.
The property is individually metered for Water, Electricity and Gas. Located in an Opportunity Zone, the building went through extensive remodeling with new copper plumbing, new electrical system, new windows etc. In addition, the 3-bedroom unit has Central A/C and Heat which potentially makes this a great owner user opportunity and/or an excellent development opportunity as more units can be potentially built on this property.
Located on Haskell Avenue between Saticoy and Sherman Way one of the most dense pockets in the Lake Balboa area, this property enjoys easy access to the Van Nuys Airport, Sky Zone Trampoline Park, Anthony C. Beilenson Park, The Japanese Garden, Van Nuys Golf Course, and various restaurants and entertainment along Sherman Way.
Furthermore, the building sits next to the 405 Freeway and is mere minutes away from the 101 freeway and a short distance away from Orange Line Bikeway along the landscaped Los Angeles Metro Orange Line route from North Hollywood to Chatsworth.
PROPERTY HIGHLIGHTS
• Built in 1949 (Rent Controlled)
• Great Development Opportunity
• On-site Laundry Room
• Extensively Remodeled in 2015: New Copper Plumbing,
New Electrical System, New Windows, Etc.
• Fire Sprinkler in All Units
• Central A/C & Heat in the 3 Bedroom Unit
• All Units Separately Metered for Water, Gas & Electricity
• Good Upside Potential
• Prime Lake Balboa Location
• Zoning: LAR3
• 5 Parking Spaces with Alley Access
• Private Front Yard
• Easy to Manage
• Close to Van Nuys Airport & Metro-Link Station
• Mere Minutes Away from the 405 & 101 Freeways
BUILDING INFORMATION
Year Built: 1949
Building SF: 1,848
Land SF: 6,812 SF Lot
Number of Buildings: 1
Number of Stories: 3
APN: 2206-027-017
Zoning: LAR3
Building Type: Triplex/3-Units