For Sale
$2,500,000
13226 Vanowen
North Hollywood, CA

13226 Vanowen, North Hollywood, CA, 91605

  • 10beds
  • 4,794sqft
  • 0.20acre
*Financial Metrics* - 5.06% in-place Cap Rate with potential to reach 6.63% post-ADU conversion and 17.51% average annual return, 7.58% pre-tax cash flow . *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.
Listing agent:
Kelly Morgan
License #01898026
Houze Real Estate Management
13226 Vanowen is a Residential Income property located in North Hollywood, California, featuring a 0.205 acre lot, 4,794 sqft, 10 bedrooms, MLS #25566573.