- 8 Beds
- 4 Baths
- .23 Acres
- 203 DOM
6240 Hazeltine Avenue
Rare LAR3 zoned development or value add income opportunity in a prime pocket of Van Nuys. This property features four 2 bed 1 bath cottage style units with three detached buildings offering private entries and attached 1 car garages. Sitting on an oversized 10107 square foot lot measuring approximately 50 feet wide by 202 feet deep. The rear unit has a large private backyard and will be delivered vacant which is ideal for an owner user or a premium tenant. All units are currently occupied on month to month leases with consistent paying tenants generating 6400 per month with market rents supporting approximately 9500 per month. There is meaningful upside potential for investors seeking immediate reposition opportunities. The units are separately metered for gas and electricity which adds operational flexibility for long term investors or owner users. For developers the oversized R3 lot supports approximately 12 units by right and up to approximately 20 units with TOC Tier 3 incentives which the buyer should verify. The depth of the lot provides excellent design flexibility for efficient massing site plans and potential ADU additions or small scale expansion which the buyer should verify. The property is located south of Victory Boulevard and east of Van Nuys Boulevard with close proximity to freeways schools retail transit and major employment hubs.
Essential Information
- MLS® #OC25130493
- Price$1,099,000
- Bedrooms8
- Bathrooms4.00
- Acres0.23
- Year Built1955
- TypeResidential Income
- Sub-TypeQuadruplex
- StatusActive Under Contract
Community Information
- Address6240 Hazeltine Avenue
- AreaVN - Van Nuys
- CityVan Nuys
- CountyLos Angeles
- Zip Code91401
Amenities
- Parking Spaces7
- # of Garages4
- PoolNone
Interior
- # of Stories1
Exterior
- Lot DescriptionTwoToFiveUnitsAcre
Additional Information
- Date ListedJune 15th, 2025
- Days on Market203
- ZoningLAR3
Listing Details
- AgentSamuel Woldeyesus
- OfficeCompass
Price Change History for 6240 Hazeltine Avenue, Van Nuys, (MLS® #OC25130493)
| Date | Details | Change | |
|---|---|---|---|
| Status Changed from Active to Active Under Contract | – | ||
| Price Reduced from $1,195,000 to $1,099,000 | |||
| Price Reduced from $1,225,000 to $1,195,000 | |||
| Price Reduced from $1,249,000 to $1,225,000 | |||
| Price Reduced from $1,349,000 to $1,249,000 | |||
| Show More (1) | |||
| Price Reduced from $1,395,000 to $1,349,000 | |||
Samuel Woldeyesus, Compass.
Based on information from California Regional Multiple Listing Service, Inc. as of January 12th, 2026 at 6:30am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.