13445 Vanowen Street

Van Nuys, CA 91405

$2,895,000
Price
—
Beds
7,726 Sq. Ft.
$375 / Sq. Ft.
7,726
Sq. Ft.
$375
per Sq. Ft.

Description

We are proud to present this 9-unit apartment building in Valley Glen. The property has an excellent unit mix consisting of (1) 5+3 unit, (1) 2+2 unit, (2) 3+1 units, (3) 2+1 units, and (2) 1+1 units with a lot size of 10625 square feet, the property has a total of 7726 rentable square feet. The unit composition allows for healthy long term stays and projected lower turnover times. Currently there is 1 vacant unit which is a 5 bed/3bath (featured in photos) ready to be rented out! The complex has...We are proud to present this 9-unit apartment building in Valley Glen. The property has an excellent unit mix consisting of (1) 5+3 unit, (1) 2+2 unit, (2) 3+1 units, (3) 2+1 units, and (2) 1+1 units with a lot size of 10625 square feet, the property has a total of 7726 rentable square feet. The unit composition allows for healthy long term stays and projected lower turnover times. Currently there is 1 vacant unit which is a 5 bed/3bath (featured in photos) ready to be rented out! The complex has been renovated in its entirety from exterior smooth coating, updated windows, to complete unit make overs. The property maintains close access to the 405, 101, and 170 freeways. Ventura Blvd. Just minutes away with all of its restaurants and shopping while the metro link transportation service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered.

Property Details for 13445 Vanowen Street

Total Units
9.0
Lot Size Source
Assessor
Building Area Total
7726
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Parcel Number
2328031006
Area
Valley Glen (VG)
LISTING UPDATED: 08/05/2024 09:37 AM

Property Details for 13445 Vanowen Street

StatusPending
MLS #SR24150478
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1972
Lot Size0.24 AC / 10,625 SF
CountyLos Angeles County

Building Information for 13445 Vanowen Street

Stories2Residences-Year Built1972Building Size-Lot Size0.24 AC / 10,625 SF

Property Information for 13445 Vanowen Street

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $310,272
  • Net Operating Income: $256,136
  • Cap Rate: 8.8
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $54,136
  • Electric Expense: $11,880
  • Insurance Expense: $9,410
  • Maintenance Expense: $1,800
  • Professional Management Expense: $0
  • Trash Expense: $9,410
  • Real Estate Tax Expense: $21,636
  • Total Expenses: $54,136
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Land Use: Multi-Family
  • Land Lease: No
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $5,000
  • Unit Type Total Rent: $3,800
  • Unit Type Pro Forma: 4800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,925
  • Unit Type Total Rent: $1,925
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,028
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,503
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2700
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,000
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 8
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,700
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 3
  • Number Of Buildings: 1

Property History for 13445 Vanowen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13445 Vanowen Street

Taxable ValueLand$705,451Additions$1,066,229Total$1,771,680
Tax Record2023$22,746 ($1,896 / month)
Home Facts
Total Finished SqFt7,726 SqFtAbove Grade Finished SqFt7,726 SqFtLot Size10,656 SqFtStyleMulti-Family Res (5+ Units)Year Built1972ZoningLAR3CountyLOS ANGELESAPN2328-031-006

Schools near 13445 Vanowen Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Kittridge Street Elementary School
PublicK to 5

James Madison Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX One, Collin Johnson, DRE #01956671

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.