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21-Unit Apartment Building
For Sale
$3,995,000

7356 Haskell Ave, Van Nuys, CA 91406

Well-maintained multifamily property with a diverse unit mix, gated access, covered pool, laundry facilities, and on-site parking.

Property Size15,192 SF
Lot Size0.39 Acres
Days on Market50

Property Features for 7356 Haskell Ave

General Information

Standard status Active
Size 15,192 SF
Net Rentable 15,192 SF
Total Parking Spaces 21
Lot size 0.39 Acres
Property subtype MULTI_FAMILY
Zoning LAR3

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 4 x 2BR/2BA, 1 x 2BR/1BA, 15 x 1BR/1BA, 1 x studio
Multifamily Units 21

Amenities

covered swimming pool
gated access
on-site laundry facilities

Building Details

Building Size 15,192 SF
Year Built 1964
Listing Agency: Keller Williams Los Angeles
Listed By: Yitzy Davis · License #02075515
Source: Frontgaterealestate
Added: Jun 15 Changed: Aug 2 Last Checked: Aug 3 at 11:18AM

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 Keller Williams Los Angeles

Investment Insights

Based on property information with market context.

This 21-unit apartment property occupies an approximate 17,011-square-foot LAR3-zoned corner parcel and contains approximately 15,192 rentable square feet. The unit mix includes four 2-bedroom/2-bath apartments, one 2-bedroom/1-bath apartment, fifteen 1-bedroom/1-bath apartments, and one studio. Resident amenities include a covered swimming pool, gated access, on-site laundry, and 21 parking spaces, including an enclosed two-car garage.

Major capital work has included a soft-story retrofit, electrical panel upgrades, plumbing repiping, in-unit electric water heaters, and pool equipment improvements. The property is located at 7356 Haskell Avenue in Van Nuys, with access to the 405 Freeway, public transportation, employment centers, shopping, dining, and daily services. Constructed in 1964, the property offers a broad range of apartment configurations within an established multifamily setting.

Key Highlights

  • 21‑unit apartment property on an approximate 17,011 SF LAR3‑zoned corner parcel
  • Approximately 15,192 rentable square feet with four distinct unit configurations
  • Unit mix includes 4 two‑bedroom/two‑bath, 1 two‑bedroom/one‑bath, 15 one‑bedroom/one‑bath, and 1 studio

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $483.1k $31.80
− Vacancy −$38.6k −$2.54
EGI $444.5k $29.26
− OpEx −$200.0k −$13.17
NOI $244.5k $16.09
15,192 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$3.49M
$3.06M – $4.07M (±1% cap)
NOI $244,451 @ 7.0% cap · market cap 6.12%
Second Best
no second resolved use
Theoretical Best
Office A
$8.13M
$7.12M – $9.49M (±1% cap)
NOI $569,362 @ 7.0% cap · market cap 14.25%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Barber Shop (Bike/Boat/Book/etc) Store Butcher Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,077
Businesses Nearby

Demographics for 91406, CA

53,252
Population
19,650
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
8.1 sq mi
ZIP Area
6,574
Density / Sq Mi
$76,653
Median Household Income
$41,469
Median Earnings
$1,859
Median Rent
$765,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained multifamily property with a diverse unit mix, gated access, covered pool, laundry facilities, and on-site parking.
Where is this apartment building located?
The property is located at 7356 Haskell Ave Van Nuys, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 21‑unit apartment property on an approximate 17,011 SF LAR3‑zoned corner parcel; Approximately 15,192 rentable square feet with four distinct unit configurations; Unit mix includes 4 two‑bedroom/two‑bath, 1 two‑bedroom/one‑bath, 15 one‑bedroom/one‑bath, and 1 studio
More about this property
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