12635 Vanowen Street, North Hollywood, California 91605

  • $3,500,000
12635 Vanowen Street, North Hollywood, California 91605
Active
12635 Vanowen Street, North Hollywood, California 91605
12635 Vanowen Street, North Hollywood, California 91605
  • $3,500,000

Description

A 15-unit Multifamily Located in Noho West With over 60% Upside on rent and currently operating at a 5% CAP Rate. the Property Boasts an Appealing Blend of Units (7 2bedrooms & 8 1bedrooms), All Surrounding a Stunning Courtyard. Each Unit Offers Spacious Living Areas and Private Balconies. The property currently collects $270K in rent with proforma rents reaching $427K, resulting in a Proforma GRM of 8.19 and Proforma CAP rate of 9.65%. Recent Capital Improvements include EQ Retrofitting, Main Panel Upgrades, new asphalt and Three Units with Complete Interior Renovations

  • Address 12635 Vanowen Street, North Hollywood, California 91605
  • City North Hollywood
  • State/county CA
  • Zip/Postal Code 91605
  • Country US

Details

Updated on November 2, 2026 at 8:24 pm
  • Property ID: BB26231521
  • Price: $3,500,000
  • Property Size: 11230 Sqft
  • Land Area: 0.3164 Acres
  • Garages: 15.0
  • Year Built: 1958
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Conventional
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Curbs

Contact Information

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  • Hoyt Hochman