12635 Vanowen Street, North Hollywood, CA 91605
12635 Vanowen Street, North Hollywood, CA 91605
12635 Vanowen Street, North Hollywood, CA 91605
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$3,500,000
Est. payment /mo
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3 Beds
2 Baths
0.32 Acres Lot
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12635 Vanowen Street North Hollywood, CA 91605

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Jesse Ibanez

Jesse Ibanez

+1(858) 337-2796

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26231521

Bedrooms 3

Lot Size 0.316 Acres

Property Sub-Type Res Income 2-4 Units

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

Zoning Assessor

Direction near whitsett

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 2324026005

Acceptable Financing Conventional

Listing Terms Conventional

MLS Router / San Diego MLS
Listed by David Nalbandyan, DRE#01869296 LA Premier Realty 

NEARBY SCHOOL & BUSINESS

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Jesse Ibanez

Jesse Ibanez

Agent License ID: 01405643

+1(858) 337-2796

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12635 Vanowen Street

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