Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

6

Building size

4,646 sqft

Lot size

8,339 sqft

Year built

1957

Stories

2

Status

Active

Days on market

8

MLS #

247525414

About this property

Excellent value-add multifamily investment opportunity featuring a 6-unit building in a highly centralized location. Each unit includes its own dedicated parking space, adding convenience and enhancing rental appeal. Several units have already been upgraded, providing a solid foundation for an investor seeking immediate and future value. The property offers significant upside potential through continued unit improvements, rental-rate optimization, and the potential addition of multiple ADUs, subject to zoning, permits, and city approval. With multiple avenues to increase income and overall property value, this is an attractive opportunity for investors looking to acquire a well-positioned multifamily asset with substantial future growth potential.

Location

13125 Vanowen Street

North Hollywood, Los Angeles, CA, 91605