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North Hollywood, CA 91605 12635 Vanowen Street

$3,695,000

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Presented By: David Nalbandyan with LA Premier Realty; info@lapremierrealty.com
  • MLS# BB24059768
  • 03/27/2024
  • Request Tour
  • Request Info
  • BedBeds • 22
  • BathBaths • 2
  • FootageSQFT • 11,230
  • GarageGarage • 15

Home Details

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.
Presented By: David Nalbandyan with LA Premier Realty; info@lapremierrealty.com

Interior Features for 12635 Vanowen Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixStreet
Total Stories2

Other Rooms

Entry Level1

General for 12635 Vanowen Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityNorth Hollywood
Community FeaturesCurbs
CountyLos Angeles
Days on Market
Directionsnear whitsett
Electric Expense0.0
Entry Locationground
Fuel Expense5381.0
Garage Spaces15.0
Garage Y/NYes
Gross Income249643.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense6384.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsConventional
Lot Size Square Feet13782.0
MLS AreaNHO - North Hollywood
MobileHomeRemainsYNNo
Net Operating Income149669.0
New ConstructionNo
Operating Expense95161.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameVanowen
Tax Lot1
Total Units15
Trash Expense6654.0
View Y/NNo
Water Sewer Expense17562.0
Waterfront Y/NNo
Year Built1958
Year Built SourceAssessor
ZoningLAR3

Exterior for 12635 Vanowen Street

Building Area Total11230.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.3164
Lot Size Area13782.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters16
Number of Separate Gas Meters16
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking15.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,695,000
MLS#BB24059768
List Date 03/27/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors