11903 Vanowen St - Apartments FOR SALE


North Hollywood, CA 91605
$4,600,000 USD
310-245-5600
11903 Vanowen St, North Hollywood, CA for Sale
$4,600,000 USD
Apartments - FOR SALE
1/20
null | 7.1% Cap Rate

11903 Vanowen St
North Hollywood, CA 91605


OVERVIEW

THREE SEPARATE PARCELS WITH THREE INDIVIDUAL APNs THREE SEPARATE BUILDINGS with EIGHT UNITS IN EACH STRUCTURE COMPOSED OF 4 TWO BEDROOM/ONE BATH AND 4 ONE BEDROOM/ONE BATH APARTMENTS PROPERTY COMPLETELY UPDATED WITH NEW ELECTRICAL, PLUMBING, EXTERIOR PAINT, ALL NEW WINDOWS INSTALLED APPROIMATELY 4 YEARS AGO ALL NEW WINDOWS ALL BALCONIES AND WALKWAYS RETROFITED PER MEASURE SB721 SEVERAL UNITS FULLY REMODELED LARGE LOT IDEAL FOR FUTURE RE-DEVELOPMENT, ALL THREE PARCELS MEASURING 22, 361 SQUARE FEET PROPERTY IDEAL FOR ADDITION OF ADUs GATED AND FENCED FOR PRIVACY AND SECURITY AMPLE PARKING SPACES

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

24

PRICE/UNIT

$191,667

CAP RATE

7.1%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Upgraded-3 Separate Bldgs in 3 Parcels

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,351 SF

ZONING

R3

APN/PARCEL ID

2321-022-007,2321-022-008,2321-022-009

ASK ABOUT THIS PROPERTY

Janette MonfaredMarcus & MillichapMore Info
310-245-5600

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Janette MonfaredMarcus & MillichapMore Info
310-245-5600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.