Property
Listing Agent: Ariel Sayani (DRE #02072610) · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Jordan Petito · Keller Williams Beverly Hills · MLS #23337355 · Source: CRMLS
We Are Pleased to Present the Sale of 13135 Vanowen St, North Hollywood Ca 91605 a 14 Unit Existing Building With Over 60% of Rental Upside Potential. In Place Cap Rate of 5.4% and Grm of 11.7. This Property Comprises a Diverse Unit Mix of (1) 1+1, (8) 2+1.5, (1) 2+2 and (4) 3+2 Units With a Shared Central Courtyard. Soft Story Retrofit Has Been Completed. This Building is for Sale at a Price Significantly Below the Current Cost of Construction ($246 Per Sqft), Presenting an Exceptional Value to Investors.
Listing description from the February 2024 sale, as reported to CRMLS.