13226 Vanowen ST new

North Hollywood,CA 91605

$ 2500000

10 Beds

9 Baths

4794 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,794 sqft

Price per Sqft $521

MLS Listing ID 25566573

Bedrooms 10

HOA Y/N No

Year Built 1953

Lot Size 8,916 Sqft

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 Vg - Valley Glen

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Covered,Door-Multi,Garage

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2326014028

Special Listing Condition Standard

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