13226 Vanowen St new Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91605
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