13226 Vanowen Street, North Hollywood, CA 91605
  • MLS#: 25566573 ( )
  • Street Address: 13226 Vanowen Street
  • Viewed: 6
  • Price: $2,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 0
  • Days On Market: 103
  • Additional Information
  • County: LOS ANGELES
  • City: North Hollywood
  • Zipcode: 91605
  • Provided by: Houze Real Estate Management
  • Contact: Kelly Kelly
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    *Financial Metrics* 5.06% in place Cap Rate with potential to reach 6.63% post ADU conversion and 17.51% average annual return, 7.58% pre tax cash flow . *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.
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Features
Building Area Total
  1. 4794.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. Two
Netoperatingincome
  1. 126475.00
Parcel Number
  1. 2326014028
Parking Features
  1. Garage - Two Door
  2. Covered
Postalcodeplus4
  1. 4516
Sourcesystemkey
  1. 25566573:CLAW
Totalexpenses
  1. 67470.00
Year Built
  1. 1953
Year Built Source
  1. Assessor
Zoning
  1. LAR3