7406 Haskell, Van Nuys, California 91406, Van Nuys, 91406 - bed, bath
7406 Haskell
Van Nuys, California 91406
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7406 Haskell Subject | $799,000* List Price | 1,221 | $571 | - | ||
A 15445 Archwood Street Sold | $612,500 | 3 | 1 | 1,162 | $527 | 0.9 mi |
B 7407 Densmore Avenue Sold | $725,000 | 3 | 1 | 1,356 | $535 | 0.2 mi |
C 15454 Archwood Street Sold | $725,000 | 3 | 2 | 1,274 | $569 | 0.9 mi |
D 6700 Densmore Avenue Sold | $790,000 | 3 | 2 | 1,170 | $675 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1952, this property is marketed primarily as a 'Developer’s or Investor’s Dream' within an Opportunity Zone, indicating the value lies in the land and development potential rather than the structure. While currently leased, the exterior images show significant aging, weathered surfaces, and a lack of modern updates. The listing's emphasis on combining lots for larger projects and the stark contrast with the 'completely remodeled' neighboring unit suggest this home requires substantial rehabilitation or modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Opportunity Zone Incentives
Located in a designated Opportunity Zone, this property offers significant tax benefits and long-term capital gains incentives for savvy investors and developers.
- Development & Expansion Potential
The property sits adjacent to another available parcel, providing a rare opportunity to combine lots for a larger-scale development project in a high-demand neighborhood.
- Immediate Cash Flow
Currently leased at $2,500 per month, the property generates steady rental income, making it an attractive 'buy and hold' asset while planning future improvements.
CONSRISKS & DEFICIENCIES
- Market Pricing History
The property has undergone multiple significant price reductions from its original $989,000 listing, which may suggest initial overvaluation or extended days on market.
- Dated Construction
Built in 1952, the structure likely requires substantial modernization or a complete rebuild to meet the standards of the neighboring remodeled units and maximize its value.
About 7406 Haskell
Price Improvement! Situated in an Opportunity Zone, this property provides potential tax benefits and attractive incentives for long-term investors and developers. 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 5,002 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 1% |
| Baths | - | 2.0 | 1% |
| Square foot | 1,221 | 1,508 | 30% |
| Lot Size | 5,002 | 6,509 | 2% |
| Price | $799.0K | $875.0K | 32% |
| Price per sq ft | $654 | $610 | 67% |
| Built year | 1952 | 1950 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 164 | 26% |
Pricing History
Listed for Sale
Feb 7, 2026
$799,000
$895,000
-11% Price Drop
Initial Listing
Price Change
Jan 6, 2026
$895,000
$989,000
-10% Price Drop
Initial Listing
Price Change
Nov 12, 2025
$989,000
Initial Listing
Sold
Feb 28, 2018
$56,500
Public Record
Sold
Jun 27, 2008
$345,000
Public Record