REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,500,000
Est. payment /mo
New
12635 Vanowen ST North Hollywood, CA 91605
0.32 Acres Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26231521
HOA Y/N No
Year Built 1958
Lot Size 0.316 Acres
Property Sub-Type Apartment
Property Description
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
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 15.0
Garage Description 15.0
Pool None
Community Features Curbs
Total Parking Spaces 15
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2324026005
Energy Description 5381.0
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by David Nalbandyan LA Premier Realty info@lapremierrealty.com, DRE #01869296
GET MORE INFORMATION