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13253 Vanowen St
North Hollywood, CA 91605 Valley Glen

$3,800,000 USD

Apartments For Sale  •  11,368 SF

Property Details

• Property Type Apartments
• Total Building Size 11,368 SF
• Lot Size 0.31 AC
• Building Class C
• Year Built 1984
• Cap Rate 6.03 %
• Zoning R3, Los Angeles

40 Transit Score

72 Walk Score

Highlights

Non-RSO Building Built in 1984

Next Rent Increases Due in September

2 Vacancies - Immediately Attain Market Rent

Strong Value-add Potential w/ Rental Upside

Valley Glen Sub-market

1 Bedroom & 2 Bedroom Unit Mix

Property Flyers

13253 Vanowen St - OM

Financial Summary (Proforma)

Net Operating Income: $229,169 USD (2024)

Cap Rate:	6.03 %
Total Expenses:	$132,620 USD

Amenities

• Air Conditioning
• Balcony
• Heating
• Kitchen
• Range

Public Transportation

Commuter Rail	Drive	Walk	Distance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	6 min	-	3.1 mi
Sun Valley (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink))	8 min	-	5.0 mi
Airport	Drive	Walk	Distance
Bob Hope	7 min	-	4.1 mi
Los Angeles International	32 min	-	22.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	17
Type:	Covered
Included in Rent:	Yes