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Listed by Akash Saini • Keller Williams Realty Calabasas
$ 2,200,000
Est. payment /mo
Pending
13015 Vanowen ST North Hollywood, CA 91605
10,724 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CRSR25244770
Year Built 1984
Lot Size 10,724 Sqft
Source California Regional MLS
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
Rooms
Kitchen None
Interior
Cooling Window / Wall Unit
Laundry In Laundry Room, Washer/Dryer - Leased
Exterior
Parking Features Garage
Garage Spaces 15.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 2327025022
Special Listing Condition Not Applicable
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