$3,264,000
$3,700,000
11.8%For more information regarding the value of a property, please contact us for a free consultation.
33 Beds
25 Baths
15,067 SqFt
SOLD DATE : 02/29/2024
Key Details
Sold Price $3,264,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 15,067 sqft
Price per Sqft $216
MLS Listing ID 23-337355
Sold Date 02/29/24
Bedrooms 33
Year Built 1960
Lot Size 0.383 Acres
Acres 0.3825
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 North Hollywood
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Other
Cooling Air Conditioning
Equipment Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
Laundry Community
Exterior
Garage Assigned
Garage Spaces 14.0
Building
Lot Description 5 + Lots
Story 2
Level or Stories Multi/Split
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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