Duplex on One
For Sale
$849,998
5759 Hazeltine, Van Nuys, CA 91401
Two independent residences on one lot, each with its own garage and fenced outdoor area.
Property Size1,462 SF
Price / SF$581.39
Days on Market260
Property Features for 5759 Hazeltine
General Information
Standard status
Active
Size
1,462 SF
Property subtype
MULTI_FAMILY
Building Details
Building Size
1,462 SF
Year Built
1940
Listing Agency:
House of Realty
Listed By:
Jeffrey Smith · License #01824589
Source:
Benbelack
Added: Feb 4
Changed: Oct 20
Last Checked: Oct 21 at 6:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of House of Realty
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Investment Insights
Based on property information with market context.
This duplex property features two separate residences on one lot, offering independent living and outdoor space. The front residence has approximately 906 square feet with 2 bedrooms, a den or office, and 2 full bathrooms with tile floors. It includes central air and heat, in-unit laundry, an open connection between the kitchen, dining, and living areas, and a kitchen with a stove, refrigerator, and dishwasher. The front home also has a large detached one-car garage, a private backyard, and a separately fenced side yard.
The rear residence has approximately 556 square feet with 1 bedroom, a den or office, and a 3/4 bathroom. It includes central air and heat, inside laundry, a stove, and a refrigerator, along with a detached garage space and a fenced backyard.
According to the Los Angeles Unified School District Resident School Identifier, the property is assigned to Chandler Elementary School.
The rear residence has approximately 556 square feet with 1 bedroom, a den or office, and a 3/4 bathroom. It includes central air and heat, inside laundry, a stove, and a refrigerator, along with a detached garage space and a fenced backyard.
According to the Los Angeles Unified School District Resident School Identifier, the property is assigned to Chandler Elementary School.
Key Highlights
- Two independent residences on one lot in Sherman Oaks: 5759 N. Hazeltine Ave. and 14108 Hatteras St.
- Front residence: approx. 906 SF with 2 bedrooms plus den/office and 2 full bathrooms; wood flooring and open‑concept layout.
- Front home amenities include kitchen appliances (stove, refrigerator, dishwasher), central air/heat, in‑unit laundry, detached 1‑car garage, private backyard, and fenced side yard.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,532
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,640
$510.6K
Cap Rate 7%
$364,743
$364.7K
Cap Rate 9%
$283,689
$283.7K
Market Conditions
NOI Build-Up for 1,462 SF
Gross rent
$39.5K $27.00/SF
− Vacancy
−$3.0K −$2.05/SF
EGI
$36.5K $24.95/SF
− OpEx
−$10.9K −$7.48/SF
NOI
$25.5K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,640
Cap Rate 7%
$364,743
Cap Rate 9%
$283,689
Alternative Uses
Best Use
Multifamily LT 5
$364.7K
$319.2K – $425.5K
NOI $25,532 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$336.1K
$294.1K – $392.1K
NOI $23,525 @ 7.0% cap · market cap 2.77%
Theoretical Best
Office A
$782.7K
$684.9K – $913.2K
NOI $54,792 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,678
Businesses Nearby
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Demographics for 91401, CA
39,621
Population
15,785
Households
2.5
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
3.5 sq mi
ZIP Area
11,320
Density / Sq Mi
$75,933
Median Household Income
$40,119
Median Earnings
$1,800
Median Rent
$988,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two independent residences on one lot, each with its own garage and fenced outdoor area.
Where is this duplex located?
The property is located at 5759 Hazeltine Van Nuys, CA.
What is the asking price?
The asking price for this property is $849,998.
What are key features of this property?
This property features: Two independent residences on one lot in Sherman Oaks: 5759 N. Hazeltine Ave. and 14108 Hatteras St.; Front residence: approx. 906 SF with 2 bedrooms plus den/office and 2 full bathrooms; wood flooring and open‑concept layout.; Front home amenities include kitchen appliances (stove, refrigerator, dishwasher), central air/heat, in‑unit laundry, detached 1‑car garage, private backyard, and fenced side yard.
