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The Haskell Apartments, located at 7342 Haskell Avenue in the Lake Balboa community, property offers investors a rare opportunity to acquire a renovated and upgraded 21-unit multifamily property with an excellent opportunity to add five 1+1 ADUs while maintaining adequate parking.Built in 1986, the building has undergone approximately $500,000 in capital improvements, including new roof, new elevator, fresh exterior paint, upgraded hallway flooring, new lobby tile, security camera installation and modern interior sconce lighting.***Opportunity to add Five 1+1 ADUs adding $1,176,002 in immediate value***Constructed in 1986, the property falls under SB1482 State Rent Control, 5% + CPI rent increases allowed***Approximately $500,000 has been invested in capital improvements to enhance the building***New Roof, New Elevator***18 of the 21 units have been upgraded***Over 70% 2+2 units***Contact us for an OM***
Last Updated | 11/24/2024 | Year Built | 1986 |
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Community | Lake Balboa | County | Los Angeles |
Additional Details
AREA | Lake Balboa |
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GARAGE | Controlled Entrance |
HEAT | Central |
LOT | 0.39 acre(s) |
PARKING | Controlled Entrance |
STORIES | 3 |
ZONING | LAR3 |
Location
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