North Hollywood (los Angeles), CA 91605,13226 Vanowen Street
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North Hollywood (los Angeles), CA 91605,13226 Vanowen Street
North Hollywood (los Angeles), CA 91605,13226 Vanowen Street
North Hollywood (los Angeles), CA 91605,13226 Vanowen Street
North Hollywood (los Angeles), CA 91605,13226 Vanowen Street
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13226 Vanowen Street North Hollywood (los Angeles), CA 91605

4,794 SqFt


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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


Bridge MLS
Listed by Kelly Morgan • Houze Real Estate Management
agent

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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13226 Vanowen Street