#AR25098247, Al Kao, Listing office: Provenio Realty and Investment

6240 Hazeltine Ave Van Nuys, CA 91401
Property details
About 6240 Hazeltine Ave
Rare LAR3 zoned development or value-add income opportunity in a prime pocket of Van Nuys. This property features four 2-bedroom, 1-bathroom cottage-style units, with three of the buildings detached, each offering private entry and attached 1-car garage and situated on a massive 10,104 sq ft lot measuring approximately 50 feet wide by 202 feet deep. The rear unit enjoys a large private backyard, ideal for owner-users or premium tenants. All units are currently occupied on month-to-month leases, generating $6,400 per month with market rents supporting potential income of $9,500 per month and representing nearly 48% upside for investors seeking immediate value-add potential. Separate gas and electric meters add flexibility for long-term investors, developers, or owner-users. The highly desirable LAR3 zoning provides multiple exit strategies, including redevelopment, small lot subdivision, or ADU expansion potential (buyer to verify). Conveniently located south of Victory Blvd and east of Van Nuys Blvd, with close proximity to freeways, schools, retail, and major employment hubs.
Highlights
Summary
- Garage Space: 4 spaces
- Private Pool: No
- List Price: $1,349,000
- Annual Tax Amount: $15,659
- Tax Year: 2024
- Directions: South of Victory & East of Van Nuys
- Year Built: 1955
- Stories: 1
- Lot Size: 0.232 Acres
- MLS Number: OC25130493
- MLS Name: CRMLS
- Office Name: Compass
- Office Phone: (949) 689-1558
- Listing Agent: Samuel Woldeyesus
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Last updated on: 8/1/2025, 8:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 13, 2021 | Home Sold | $1,215,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,264,085 | $15,659 |
2023 | $1,239,300 | $15,358 |
2022 | $1,215,000 | $14,648 |
2021 | $371,323 | $4,830 |
2020 | $367,517 | $4,693 |
2019 | $360,311 | $4,617 |
2018 | $353,247 | $4,369 |
2017 | $346,321 | $4,369 |
History based on county public records data.
Nearby schools
5
Van Nuys Elementary School
Public District KG-5
0.5 mi
•6464 Sylmar Ave
5
Ararat Charter
Public Charter KG-5
0.6 mi
•6555 Sylmar Ave
4
Kittridge Street Elementary
Public District PK-5
0.7 mi
•13619 Kittridge St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,000. Typical income of Van Nuys, CA residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 6240 Hazeltine Ave
The listing price of 6240 Hazeltine Ave property is $1,349,000.
The property 6240 Hazeltine Ave is a multi located in Van Nuys, California, 91401.
Active Listing: 6240 Hazeltine Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 6240 Hazeltine Ave are: Van Nuys Elementary School (GreatSchools Rating 5/10), Ararat Charter (GreatSchools Rating 5/10), Kittridge Street Elementary (GreatSchools Rating 4/10), High Tech la Middle School (GreatSchools Rating 5/10), Van Nuys Middle School (GreatSchools Rating 5/10), Valley Charter Middle School (GreatSchools Rating 4/10), Will Rogers Continuation (GreatSchools Rating 2/10), Champs - Charter High School of Arts-Multimedia & Performing (GreatSchools Rating 6/10), Van Nuys Senior High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $15,659 (source: MLS/based on county public records data).
The last sale was on September 13, 2021 for $1,215,000 (source: MLS/tax record).
The year of construction for 6240 Hazeltine Ave is 1955.
This home is located at 6240 Hazeltine Ave in Van Nuys, CA and zip code 91401 in the The San Fernando Valley neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 15, 2025 and is currently priced at $1,349,000.
Over 282 listings were sold over their listed price in June 2025 in Van Nuys, CA. In the same period over 339 listings were sold below the listed price and 108 listings were sold for the listed price. In June 2025 in Van Nuys, CA there were 9% more homes for sale than in May. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $876,067.