• 12635 Vanowen Street North Hollywood, CA 91605

  • $3,695,000
  • 0
    Bed(s)
  • 0
    Baths
  • 11,230
    Sq Ft
  • 13782
    Sqft
  • Listed By: David Nalbandyan, LA Premier Realty, DRE #01869296
  • Source: CRMLS

A 15-unit Multifamily Located in Noho West With a Ton of Upside (74%). the Property Boasts an Appealing Blend of Units (7 2bedrooms & 8 1bedrooms), All Surrounding a Stunning Courtyard. Each Unit Offers Spacious Living Areas and Private Balconies. The property currently collects $250K in rent with proforma rents reaching $427K, resulting in a Proforma GRM of 8.65 and Proforma CAP rate of 8.76%. EQ Retrofitting has been completed and main electrical panel and subpanels have been upgraded in 2024.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1958

Building Area Total: 11,230

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.3164

Lot Size Source: Assessor

Lot Size Square Feet: 13782

Listing Price Information

Original List Price: 3,695,000

Listing Contract Date: 2024-03-25

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 2324026005

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: NHO - North Hollywood

Postal Code Plus 4: 5326

Directions: near whitsett

Zoning: LAR3

Source Property Type: Residential Income

Area: NHO - North Hollywood

Property SubType: Apartment

Building and Construction

Property Age: 66

Common Walls: No Common Walls

Structure Type: Apartment

Year Built Source: Assessor

Entry Level: 1

Entry Location: ground

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ByOwner last updated this listing 05/07/2024 @ 06:24

MLS: BB24059768
LISTED BY: David Nalbandyan, LA Premier Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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