CA > Van Nuys (los Angeles)
Van Nuys (los Angeles), CA 91401,6240 Hazeltine Avenue
Van Nuys (los Angeles), CA 91401,6240 Hazeltine Avenue
Van Nuys (los Angeles), CA 91401,6240 Hazeltine Avenue
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Listed by Samuel Woldeyesus • Compass
$1,249,000
Est. payment /mo
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2,784 SqFt
Open Sun 1PM-3PM

6240 Hazeltine Avenue Van Nuys (los Angeles), CA 91401

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Peter Cheung

Peter Cheung

+1(510) 387-3876

OPEN HOUSE

Sun Aug 17, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,784 sqft

Price per Sqft $448

MLS Listing ID CROC25130493

HOA Y/N No

Year Built 1955

Lot Size 10,107 Sqft

Property Sub-Type Quadruplex

Source Datashare California Regional

Property Description

Rare LAR3 zoned development or value-add income opportunity in a prime pocket of Van Nuys. This property features four 2-bedroom, 1-bathroom cottage-style units, with three of the buildings detached, each offering private entry and attached 1-car garage and situated on an oversized 10,104 sq ft lot measuring approximately 50 feet wide by 202 feet deep. The rear unit enjoys a large private backyard, ideal for owner-users or premium tenants. All units are currently occupied on month-to-month leases with consistent paying tenants, generating $6,400 per month with market rents supporting potential income of $9,500 per month and representing nearly 48% upside for investors seeking immediate value-add potential. Separate gas and electric meters add flexibility for long-term investors, developers, or owner-users. The highly desirable LAR3 zoning provides multiple exit strategies, including redevelopment, small lot subdivision, or ADU expansion potential (buyer to verify). Conveniently located south of Victory Blvd and east of Van Nuys Blvd, with close proximity to freeways, schools, retail, and major employment hubs.

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry No Hookups

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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agent

Peter Cheung

Realtor | CA BRE#: 02070039

+1(510) 387-3876

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