Description
6818 Hazeltine Ave is a value-add 4-unit property locatedin the heart of Van Nuys, right off Vanowen St and VanNuys Blvd. This mixed-use property is comprised of (2)1Bed+1Bath residential units and (2) commercial units,currently operating as an auto parts shop and metalworks shop. 6818 Hazeltine Ave has nearly 30% upsideonce the units are rented for market rate. With an 8,768SF lot, the new buyer would be able to develop theproperty into either 6 residential units or multiplecommercial units- buyer to do their own due diligence.6818 Hazeltine Ave is a unique investment or developmentopportunity with significant growth potential oncestabilized.The subject property is located just minutes away fromMetro's Orange Line, ideal for the renter who has acommute to work. With millions of dollars worth of capitalpouring into Los Angeles Public Transit, the city of VanNuys is poised to become an important transit hub for LosAngeles.
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0BEDS
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0.2ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
6818 Hazeltine Ave is a value-add 4-unit property locatedin the heart of Van Nuys, right off Vanowen St and VanNuys Blvd. This mixed-use property is comprised of (2)1Bed+1Bath residential units and (2) commercial units,currently operating as an auto parts shop and metalworks shop. 6818 Hazeltine Ave has nearly 30% upsideonce the units are rented for market rate. With an 8,768SF lot, the new buyer would be able to develop theproperty into either 6 residential units or multiplecommercial units- buyer to do their own due diligence.6818 Hazeltine Ave is a unique investment or developmentopportunity with significant growth potential oncestabilized.The subject property is located just minutes away fromMetro's Orange Line, ideal for the renter who has acommute to work. With millions of dollars worth of capitalpouring into Los Angeles Public Transit, the city of VanNuys is poised to become an important transit hub for LosAngeles.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-22T19:26:35.61. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.