13227 Vanowen St - Apartments FOR SALE


North Hollywood, CA 91605
$2,475,000 USD
310-922-0238
13227 Vanowen St, North Hollywood, CA for Sale
$2,475,000 USD
Apartments - FOR SALE
1/17
null | 6.23% Cap Rate

13227 Vanowen St
North Hollywood, CA 91605


HIGHLIGHTS

  • Non Rent Control! Built in 1984 – Subject to Statewide AB 1482
  • 16 Parking Spaces!
  • 1st Time to be Sold in Over 25 Years!
  • 1 Unit to Be Delivered Vacant!
  • Excellent Unit Mix offering all 1 & 2 Bedroom Layouts
  • Corner Lot!

OVERVIEW

13227 Vanowen St is a 10 Unit Apartment Building built in 1984. The property is located in an excellent North Hollywood Location west of Coldwater Canyon and east of Woodman Ave. The property offers an excellent unit mix composed of 6 - 2 Bedroom / 1 Bathroom units & 4 - 1 Bedroom / 1 Bathroom units. Built in 1984, the property is subject to AB - 1482, allowing 5% + CPI Rent Increases (Capped at 10%) Buyer to verify. Property Sits on a Corner Lot. Garage offers 16 Parking Spaces!

FOR SALE DETAILS

PRICE

$2,475,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

10

PRICE/UNIT

$247,500

CAP RATE

6.23%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

8,024 SF

ZONING

LARD1.5

APN/PARCEL ID

2327-007-054

ASK ABOUT THIS PROPERTY

Jordan AsheghianLyon Stahl Investment Real EstateMore Info
310-922-0238

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Jordan AsheghianLyon Stahl Investment Real EstateMore Info
310-922-0238

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