Valley Glen, CA 91405 13445 Vanowen Street
$2,895,000
Pending
3 more
Presented By: Collin Johnson with RE/MAX One; 818-667-2151
Home Details
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.
Presented By: Collin Johnson with RE/MAX One; 818-667-2151
Interior Features for 13445 Vanowen Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Total Stories2
Other Rooms
Entry Level1
General for 13445 Vanowen Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate8.8
Carport Y/NNo
CityValley Glen
Community FeaturesCurbs
CountyLos Angeles
Current FinancingConventional
Days on Market4
DirectionsFulton & Vanowen
Electric Expense11880.0
Entry Location1
Fuel Expense0.0
Garage Spaces11.0
Garage Y/NYes
Gross Income310272.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense9410.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet10625.0
Lot Size UnitsSquareFeet
MLS AreaVG - Valley Glen
MaintenanceExpense1800.0
MobileHomeRemainsYNNo
Net Operating Income256136.0
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal9
Operating Expense54136.0
Pool FeaturesNone
Private PoolNo
Property ConditionUpdatedRemodeled, Turnkey
Property Sub Type AdditionalMixedUse
Property SubTypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot7
TermsCash, CashtoNewLoan, Conventional, Item1031Exchange
Trash Expense9410.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1972
Year Built SourceAssessor
Exterior for 13445 Vanowen Street
Building Area Total7726.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem610UnitsAcre
Lot Size Acres0.2439
Lot Size Area10625.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters9
Open Parking Y/NNo
SpaNo
Total Parking11.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480