13226 Vanowen ST, North Hollywood, CA 91605 - MLS#25566573

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,500,000

Est. payment | -/mo

10 Beds

9 Baths

4,794 SqFt

Save

$ 2,500,000

Est. payment | -/mo

Save

10 Beds

9 Baths

4,794 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* - 5.06% 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.

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

Total Parking Spaces 8

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2326014028

Special Listing Condition Standard

Listed by Kelly Morgan Houze Real Estate Management

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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13226 Vanowen ST North Hollywood, CA 91605