12635 Vanowen ST, North Hollywood, CA 91605
12635 Vanowen ST, North Hollywood, CA 91605
12635 Vanowen ST, North Hollywood, CA 91605
12635 Vanowen ST, North Hollywood, CA 91605
12635 Vanowen ST, North Hollywood, CA 91605
12635 Vanowen ST, North Hollywood, CA 91605
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Mark Piga

Mark Piga

+1(858) 367-0068
$ 3,500,000
Est. payment | /mo

0.32 Acres Lot

Save
$ 3,500,000
Est. payment | /mo
Save

0.32 Acres Lot

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Nalbandyan LA Premier Realty info@lapremierrealty.com, DRE #01869296

Nearby Locations

Mark Piga

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 367-0068

mark@markpigahomes.com

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12635 Vanowen ST