North Hollywood, CA 91605,13226 Vanowen St
North Hollywood, CA 91605,13226 Vanowen St
North Hollywood, CA 91605,13226 Vanowen St
9
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$2,500,000
Est. payment /mo
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10 Beds
9 Baths
4,794 SqFt
Active

13226 Vanowen St North Hollywood, CA 91605

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,794 sqft

Price per Sqft $521

MLS Listing ID 25566573

Bedrooms 10

Year Built 1953

Lot Size 8,916 Sqft

Acres 0.2047

Property Sub-Type Multi-Family

Property Description

*Financial Metrics* - 5.00% in-place Cap Rate with potential to reach 6.54% post-ADU conversion and 17% average annual return. *Property Features* - 8 units with 3 current vacancies, completed seismic retrofit, and potential for 3 additional ADUs. *ADU Potential* - 2 ADUs are RTI, and there is potential to add a third ADU. *Location Benefits* - Centrally located near the NoHo Arts District, Red/Orange Metro Line, and upcoming mixed-use developments. *Capital Improvements* - New paint, electrical panels, breakers, security cameras and landscaping, over $100K in capital expenditures. *Walk Score* - Very walkable neighborhood with a 72 Walk Score--most errands can be done on foot.

Location

State CA

County Los Angeles

Area Valley Glen

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Other

Exterior

Parking Features Garage - 2 Car, Covered Parking

Garage Spaces 8.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Houze Real Estate Management

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Derek Johnson

Derek Johnson

Agent | License ID: 02051308

+1(310) 424-8883

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13226 Vanowen St