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7402 Haskell, Van Nuys, California 91406, Van Nuys, 91406 - bed, bath

7402 Haskell, Van Nuys, California 91406 home-pic-0
ACTIVE$989,000
7402 Haskell, Van Nuys, California 91406
0Bed
0Bath
1,205Sqft
4,919Lot
Year Built
1952
Close
-
List price
$989K
Original List price
$989K
Price/Sqft
$821
HOA
-
Days on market
-
Sold On
-
MLS number
SR25258589
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $989.0K(70th), sqft - 1205(24th), beds - undefined(1th), baths - undefined(1th).

Developer’s or Investor’s Dream in the Heart of Van Nuys! An exceptional opportunity featuring two houses on adjacent parcels — ideal for developers, builders, and investors alike. 7406 Haskell Avenue is currently leased for $2,500/month, while 7402 Haskell Avenue has been completely remodeled and is offered at $4,000/month. Each property is being sold separately but can be purchased together, presenting a rare chance to combine two neighboring lots for a larger development or income-producing project. Located in a high-demand Van Nuys neighborhood, this property offers unbeatable convenience, with proximity to the 405 freeway, Lake Balboa Park, and major shopping and dining destinations. Whether you’re planning to develop, expand, or hold as a long-term investment, the potential here is unmatched. Buyer to verify and satisfy all dimensions, legal zoning, building, and development requirements.

Price History

Date
Event
Price
11/12/25
Listing
$989,000
02/28/18
Sold
$304,000
08/18/95
Sold
$12,000
Condition Rating
Good
Despite being built in 1952, the listing explicitly states that 7402 Haskell Avenue has been 'completely remodeled.' This indicates that the property is move-in ready and attractive for immediate occupancy or rental at a premium, aligning with the 'Good' condition criteria. While the exact date of the remodel is not provided, a 'complete remodel' typically implies updated kitchens, bathrooms, flooring, and other major components to a modern, functional standard. The lack of interior images prevents a detailed assessment of the specific styles and features of these updates, but the description strongly suggests a well-maintained and updated interior.
Pros & Cons

Pros

Development & Investment Potential: Explicitly marketed as a 'Developer’s or Investor’s Dream' with the rare opportunity to combine two adjacent parcels for a larger development or income-producing project.
Dual Property Opportunity: The availability of two adjacent parcels (7402 & 7406 Haskell), with one already leased and the other remodeled, offers immediate income potential and flexibility for a larger project.
Remodeled Condition: 7402 Haskell Avenue has been completely remodeled, making it attractive for immediate occupancy or rental at a premium ($4,000/month).
Prime Location: Situated in a high-demand Van Nuys neighborhood with unbeatable convenience, offering proximity to the 405 freeway, Lake Balboa Park, and major shopping and dining destinations.
Strong Income Generation: The subject property is offered at $4,000/month, and the adjacent parcel is leased at $2,500/month, indicating significant potential for rental income if both are acquired.

Cons

Significant Price Discrepancy: The listing price of $989,000 is 14% above the estimated market value of $840,722.535, suggesting it may be overpriced and require substantial negotiation.
Extensive Buyer Due Diligence: The listing explicitly states 'Buyer to verify and satisfy all dimensions, legal zoning, building, and development requirements,' placing the full burden of complex research and potential costs on the buyer.
Age of Structure: Built in 1952, the property is over 70 years old. While 7402 is remodeled, the underlying age could imply potential for unforeseen structural or infrastructure issues for a developer.

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