FOR SALENew Listing
12635 Vanowen Street
North Hollywood, CA 91605
13,782 Lot Sq Ft
Built 1958
$3,500,000
Property Overview
A 15-unit Multifamily Located in Noho West With over 60% Upside on rent and currently operating at a 5% CAP Rate. 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 $270K in rent with proforma rents reaching $427K, resulting in a Proforma GRM of 8.19 and Proforma CAP rate of 9.65%. Recent Capital Improvements include EQ Retrofitting, Main Panel Upgrades, new asphalt and Three Units with Complete Interior Renovations
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1958
- Lot size
- 13,782 sq ft
- Parking
- 15 spaces
- Garage
- 15 spaces
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
- Zoning
- LAR3
Features & Amenities
Pool
- None
Lot
- Zero To One Unit Acre
Community, Schools & Utilities
Utilities
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 12635 Vanowen Street
Property type: Residential Income
The current asking price is $3,500,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 12635 Vanowen Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1958. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in North Hollywood, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this North Hollywood property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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