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Key Details
Sold Price $3,264,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,067 sqft
Price per Sqft $216
MLS Listing ID 23337355
Sold Date 02/29/24
Bedrooms 33
HOA Y/N No
Year Built 1960
Lot Size 0.382 Acres
Property Description
We Are Pleased to Present the Sale of 13135 Vanowen St, North Hollywood Ca 91605 a 14 Unit Existing Building With Over 60% of Rental Upside Potential. In Place Cap Rate of 5.4% and Grm of 11.7. This Property Comprises a Diverse Unit Mix of (1) 1+1, (8) 2+1.5, (1) 2+2 and (4) 3+2 Units With a Shared Central Courtyard. Soft Story Retrofit Has Been Completed. This Building is for Sale at a Price Significantly Below the Current Cost of Construction ($246 Per Sqft), Presenting an Exceptional Value to Investors.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Laundry Common Area
Exterior
Parking Features Assigned
Total Parking Spaces 14
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2327007164
Special Listing Condition Standard
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Bought with Jordan Petito • Keller Williams Beverly Hills
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960