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13226 Vanowen Street North Hollywood (los Angeles), CA 91605
4,794 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,794 sqft
Price per Sqft $521
MLS Listing ID CL25566573
HOA Y/N No
Year Built 1953
Lot Size 8,916 Sqft
Acres 0.2
Property Sub-Type Other
Property Description
*Financial Metrics* - 5.00% in-place Cap Rate with potential to reach 6.54% post-ADU conversion and 17% average annual return. *Property Features* - 8 units with 3 current vacancies, completed seismic retrofit, and potential for 3 additional ADUs. *ADU Potential* - 2 ADUs are RTI, and there is potential to add a third ADU. *Location Benefits* - Centrally located near the NoHo Arts District, Red/Orange Metro Line, and upcoming mixed-use developments. *Capital Improvements* - New paint, electrical panels, breakers, security cameras and landscaping, over $100K in capital expenditures. *Walk Score* - Very walkable neighborhood with a 72 Walk Score--most errands can be done on foot.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Building
New Construction No
Others
Tax ID 2326014028

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Listed by Kelly Morgan • Houze Real Estate Management