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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$2,500,000
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4,794 SqFt
Active

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

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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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* - 5.06% 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.

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

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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13226 Vanowen Street