6590 Hazeltine Ave , Los Angeles, CA 91401
$5,275,000
Est. Payment: $26,542.97/mo
8 Bed
6 Bath
18080 Sqft
Status: active | Days on site: 9
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

6590 Hazeltine Ave presents an exceptional opportunity to acquire a well-maintained 14-unit apartment community ideally located in the heart of Valley Glen, one of the San Fernando Valley's most established and tightly held residential submarkets. Built in 1988, this offering stands apart for the sheer scale of its residences a rare collection of oversized two and three bedroom floor plans that live more like townhomes than apartments, in a submarket where large-format rental product of this caliber almost never trades.Situated on a 16,443 square foot lot, the property totals 18,080 square feet of gross building area, averaging an exceptional 1,291 square feet per unit across a single building. The asset features a unit mix of seven (7) two bedroom, two bath units, five (5) three bedroom, two bath units, and two (2) three bedroom, three bath units with every residence in the building delivering two or more bedrooms and two or more bathrooms, a floor plan composition rarely assembled in the Valley Glen submarket.In-place rents generate a scheduled monthly income of $40,984 and scheduled yearly income of $491,808, with laundry income contributing an additional $4,800 annually supporting durable, diversified cash flow at the property. Notably, the offering will be delivered with eight (8) vacant units, affording an incoming investor immediate operational flexibility across the majority of the building from day one. The property operates under California's AB 1482 statewide rent cap framework.Valley Glen's enduring residential appeal further strengthens the investment profile of 6590 Hazeltine Ave. The property is embedded within a tree-lined neighborhood anchored by Los Angeles Valley College and the landmark Great Wall of Los Angeles along the Tujunga Wash Greenway. The location offers convenient access to the shops, dining, and entertainment of the NoHo Arts District, Westfield Fashion Square, and the Ventura Boulevard corridor in neighboring Sherman Oaks. Proximity to the 101, 170, and 405 freeways and major employment hubs across the Burbank Media District, Van Nuys Civic Center, and Kaiser Permanente Panorama City supports sustained rental demand at the property.With its prime Hazeltine Avenue address, exceptionally large two and three bedroom floor plans, strong in-place income, gated parking and on-site laundry, and eight vacant units offering immediate flexibility 6590 Hazeltine Ave represents a rare opportunity to acquire a pride-of-ownership asset in one of the most stable and enduring residential submarkets in the San Fernando Valley.

Highlights

Listed by John Boyett , 707-815-7472 CBRE , CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.38

Year Built

1988

County

Los Angeles

Area

VG - Valley Glen

Listing ID

26864985

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:6
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LARD1.5
Others:2+ Total Units
Principal Interest
$26,543
Taxes
$3,363

Home Price

$5,275,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$1,055,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$26,542.97

Principal

Taxes

Principal Taxes HOA Total
Monthly $26,542.97 $3,362.81 $0.00 $29,905.78
Yearly $318,515.59 $40,353.75 $0.00 $358,869.34
Total $9,555,467.78 $1,210,612.50 $0.00 $10,766,080.28

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-08-08T12:37:49.000Z

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