6711 Haskell Ave
Van Nuys, CA 91406
Lake Balboa- 16 Beds
- 17 Baths
- 10,990 sqft (on 0.29 acres)
16 Beds
17 Baths
10,990 sqft
(on 0.29 acres)
Local Information
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Description
A 10,990 SF, 15-unit value-add investment opportunity in Lake Balboa, Van Nuys. The subject property is just west of the 405 Freeway and is less than 1 mile from Valley Presbyterian Hospital. This ideal location is walking distance to many desirable destinations such as Woodley Park, 99 Ranch Market, Zankou Chicken, Costco, Ace Hardware, Target, and many others. The subject property features a desirable unit mix of three singles (500 SF), eight spacious one-bedrooms (750 SF), three two-bedrooms (900 -950 SF) and one three-bedroom (1,100 SF) with 14 gated parking spaces. The soft story retrofit work has been completed. This investment provides an investor the opportunity to acquire an asset with steady in-place cash flow at a 4.18% CAP rate on current income with substantial upside of over 39%. Favorable financing is available with a quoted 65% LTV at 3.25% interest rate with possible interest only options. The majority of the units are leased at below market rents with a loss-to-lease of 28%. Being a well-maintained building with little deferred maintenance, an investor will be able to capture the upside by focusing on their interior unit renovation program. The building has a gated front entrance and a courtyard for tenants. Additionally, the property has a community laundry room with washers and dryers, is separately metered for gas and electricity and have wall air conditioning in the units. Nestled in the heart of the San Fernando Valley, Van Nuys is densely populated and has a diverse community full of economic opportunity and growth. This evolving neighborhood offers shopping, restaurants, theme parks, and benefits from the employment of the movie industry. Located less than 20 miles away from LA's Westside, Hollywood, Downtown LA, and other popular neighborhoods in the Valley, residents living in Van Nuys can easily commute throughout the city. Cutting through the middle of the neighborhood is the 405 freeway (San Diego Freeway), but the community is also near the 101 (Ventura Freeway), 170 (Hollywood Freeway), 118 (Simi Valley Freeway), and the I-5 (Golden State Freeway). Residents living in this neighborhood can also skip
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 6711 Haskell Ave
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Heating & Cooling Heating: GasHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 2 |
Appliances & Utilities Refrigerator |
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Year Built Year Built: 1962 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 15 |
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Lot Area: 0.29 acres |
Price History for 6711 Haskell Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 12/04/2022 | $3,400,000 | ListingRemoved | CLAW #21-102625 |
| 01/18/2022 | ListingRemoved | CLAW | |
| 12/02/2021 | $3,400,000 | Contingent | CLAW #21-102625 |
| 11/05/2021 | $3,400,000 | Listed For Sale | CLAW #21102625 |
Comparable Sales for 6711 Haskell Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Multi-Family Home | $1,957,000 | 03/25/26 | 15 | 16 | 9,460 | |
0.16 | Multi-Family Home | $6,664,000 | 11/21/25 | 32 | 28 | 21,540 | |
0.25 | Multi-Family Home | $4,700,000 | 07/15/25 | 31 | 25 | 18,977 | |
0.69 | Multi-Family Home | $2,340,000 | 05/30/25 | 12 | 12 | 7,950 | |
0.40 | Multi-Family Home | $4,550,000 | 07/08/25 | 20 | 30 | 19,532 | |
0.41 | Multi-Family Home | $1,600,000 | 08/14/25 | 10 | 10 | 4,684 | |
0.20 | Multi-Family Home | $955,000 | 05/29/25 | 7 | 4 | 3,349 | |
0.83 | Multi-Family Home | $4,250,000 | 09/24/25 | 14 | 36 | 13,621 | |
0.32 | Multi-Family Home | $1,000,000 | 03/31/26 | 5 | 4 | 3,159 | |
1.04 | Multi-Family Home | $4,680,000 | 07/16/25 | 28 | 39 | 13,668 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 6711 Haskell Ave.
What Locals Say about Lake Balboa
At least 298 Trulia users voted on each feature.
85 % Say it's dog friendly
80 % Say there are sidewalks
77 % Say car is needed
68 % Say yards are well-kept
65 % Say there's holiday spirit
59 % Say it's walkable to restaurants
59 % Say it's walkable to grocery stores
58 % Say parking is easy
55 % Say it's quiet
50 % Say streets are well-lit
49 % Say people would walk alone at night
46 % Say they plan to stay for at least 5 years
43 % Say neighbors are friendly
43 % Say kids play outside
33 % Say there's wildlife
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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6711 Haskell Ave, Van Nuys, CA 91406 is a 16 bedroom, 17 bathroom, 10,990 sqft multi-family built in 1962. 6711 Haskell Ave is located in Lake Balboa, Van Nuys. This property is not currently available for sale. The current Trulia Estimate for 6711 Haskell Ave is $3,166,900.