13015 Vanowen ST new Save Request In-Person Tour Request Virtual Tour
North Hollywood,CA 91605
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25244770
HOA Y/N No
Year Built 1984
Lot Size 10,724 Sqft
Property Sub-Type Apartment
Property Description
Built in 1984, 13015 Vanowen Street is a well-maintained multifamily investment featuring a desirable mix of studios, one-bedroom, and two-bedroom units—appealing to a wide tenant base and supporting strong occupancy. The property offers efficient layouts and clear upside potential through targeted renovations. Investors can also capitalize on the opportunity to convert the (5) single-car garages into ADUs for additional income (Buyer to verify), while the property's 10 surface parking spaces provide added tenant convenience. Additionally, the property benefits from AB 1482 rent control, allowing annual rent increases of up to 5% plus CPI, ensuring long-term income stability. Situated on Vanowen Street and Coldwater Canyon Avenue in the San Fernando Valley, the property enjoys a central location in a high-demand rental market with convenient access to shopping, dining, schools, and major transportation corridors including the 405, 101, and 170 freeways. The area continues to experience steady growth, with strong employment hubs and revitalized retail corridors driving demand for quality rental housing. Its strategic location and neighborhood amenities make 13015 Vanowen Street a compelling and enduring investment opportunity.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Interior
Cooling Wall/Window Unit(s)
Flooring Carpet,Vinyl
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Door-Single,Garage
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Street Lights
Total Parking Spaces 15
Private Pool No
Building
Lot Description Near Public Transit,Walkstreet
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2327025022
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard