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    12654 Vanowen Street

    North Hollywood, CA 91605
    • $1,560,000
    • STATUS: Active Under Contract
    • ON SITE: 74 days
    • ID#: SR21021895
    Under Contract
    $1,560,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,694
      SQFT
    • $233
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1991
    County:

    School Ratings & Info

    Description

    Beautiful building with 4.5% cap rate with about 25% upside potential, two story apartment building-Situated in a great STRONG rental area of North Hollywood, In a visible corner intersection. Features 6 apartments. The property sits on a 8,092 square ft. lot and the building structure of 6,694 square ft. Has a great unit mix, very low maintenance, central A/C, tile and hardwood floors. No Covid delinquency, all tenants pay on time. Laundry room on site averaging $120 per month. Owner/Broker/Agent do not guarantee the accuracy of information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer and their agent are advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.. BACK ON THE MARKET.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T12:43:26.903. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/113877590
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    12654 Vanowen Street North Hollywood, CA 91605

    • Price: $1,560,000
    • Status: Active Under Contract
    • ID#: SR21021895
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    6,694
    SQFT
    $233
    $/SQFT
    1991
    Built
    Neighborhood:
    NHO - North Hollywood
    County:
    Los Angeles
    Area:
    NHO - North Hollywood
    Property Description
    Beautiful building with 4.5% cap rate with about 25% upside potential, two story apartment building-Situated in a great STRONG rental area of North Hollywood, In a visible corner intersection. Features 6 apartments. The property sits on a 8,092 square ft. lot and the building structure of 6,694 square ft. Has a great unit mix, very low maintenance, central A/C, tile and hardwood floors. No Covid delinquency, all tenants pay on time. Laundry room on site averaging $120 per month. Owner/Broker/Agent do not guarantee the accuracy of information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer and their agent are advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.. BACK ON THE MARKET.
    Exterior Features

    Lot Features Front Yard Number Of Separate Electric Meters 7 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features Permits Spa YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Street LightsSidewalks Electric Expense 1000 Fuel Expense 1000 Garage YN Yes Gross Income 109368 Gross Scheduled Income 109368 Insurance Expense 1795 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanConventional1031 Exchange Maintenance Expense 2000 Net Operating Income 69443 New Construction YN No New Taxes Expense 19500 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 39925 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 5880 Water Sewer Expense 8000 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Michelle Azulay of Exclusive Estate Properties Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T12:43:26.903. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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