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11616503
11616504

6845 Haskell Avenue, Lake Balboa, CA 91406 For Sale

BK
CA 01034916
Bijan Team Realty
Listed by Bijan Team Realty
$2,495,000
1131 days on market
Updated 4 days ago

6845 Haskell Avenue

Details
APN 2224034004
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,858
Net Rentable (SqFt) 5,858
Units 4
Cap Rate 7.00%
NOI $148,830
Price per SqFt $426
Year Built 2023
Buildings 2
Stories 3
Acreage 0.121
Zoning Public Rec
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.02
Investment Type Owner/User
Ground Lease No
Sale Condition For sale by owner

Multifamily | 7.00% CAP | 4 Units

Marketing description

MAJOR PRICE IMPROVEMENT Reduced by $200,000! Exceptional investment opportunity offering one of the lowest prices at just $426 per sq. ft. and an impressive 6% Cap Rate. This premier 3-year-old modern income property in Lake Balboa consists of four units across two addresses (6843 & 6845 Haskell Ave.) and is fully leased with over $170,000 in annual rental income. Property configuration: Front residence: 3-bedroom, 4-bath home with an attached 1-bedroom, 1-bath ADU Rear duplex: Two spacious units, each offering 4 bedrooms and 4 bathrooms Designed for low-maintenance ownership, each unit features high-end finishes including quartz countertops, stainless steel appliances, in-unit washer and dryer, smart locks, Nest thermostats, security cameras, fire sprinklers, and dual-pane windows. A centralized network system provides free Wi-Fi, security camera connectivity, and hardwired Ethernet access to every unit, adding value for both owners and tenants. Additional highlights include: Fully leased with strong, stable cash flow No rent control Gated property with 6 on-site parking spaces Separate gas, electric meters, and electrical panels Individual solar systems for each primary unit Modern construction with low maintenance costs Ideally located near major freeways, shopping, dining, and employment centers, this is a rare opportunity to acquire a high-performing, newer construction asset at one of the best values on the market. Please see the Supplements for the detailed Cap Rate analysis.

Investment highlights

  • Interior Features: Interior Features: Balcony, Corian Counters, Quartz Counters, Recessed Lighting, Wired for Data

  • Total Structure Area: 5,858

  • Levels: Three or More

  • Stories: 3

  • Entry Location: Ground

  • Pool Features: None

  • Patio and Porch Details: Patio

  • Fencing: Vinyl, fenced

  • Parcel Number: 2224034004

  • Attached to Another Structure: Yes

  • Zoning: Lar3

  • Special Conditions: Standard

  • Inclusions: Refrigerator, Cooktop, Microwave, Water Purification, Dish Washer, Garbage Disposer

  • 3 Units with Solar

    Shared 3 Units with SolarUni3 Units with Solar3 Units with Solar

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Listing Contacts

BK
CA 01034916
Bijan Team Realty
Listed by Bijan Team Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$148,830.00
$12,402.50/mo

Valuation Metrics

0
DSCR
5.97%
Cap Rate
5.97%
ROI

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Additional Information

Name
John Lemkau
License
CA 01425679
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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