11432 Vanowen St North Hollywood, CA 91605

$--

-- Beds
-- Baths
10,700 Sq.Ft.

Off Market

Property Overview: 11432 Vanowen St North Hollywood, CA has -- bedrooms, -- bathrooms, 10,700 living square feet and 32,482 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

11432 Vanowen St is currently an off market home in the city of North Hollywood. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of North Hollywood has a median list price of $969,000. The median price per/sqft for North Hollywood is $591. With those numbers in mind, if you are looking to purchase a median priced home in North Hollywood, CA and put 20% down you will need to save up $193,800 for the down payment and will need roughly $19,380 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in North Hollywood the commission could be as much as $42,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 11432 Vanowen St

Last sold on April 14th, 2020

August, 2021
Aug 17, 2021

Date

Pending

CRMLS: 21745994

$6,000,000

Price
Jun 7, 2021

Date

Active

CRMLS: 21745994

$6,000,000

Price
Listing provided courtesy of CRMLS

We very proud to present this extremely rare and exciting development opportunity in North Hollywood, CA. Stretching from Kraft Ave to Farmdale Ave, this development opportunity has 270 feet of frontage on Vanowen St and approximately 112 feet in depth on both sides, situated in an ideal rectangular shape.This development opportunity checks every box we can think of:Opportunity Zone, TOC Density Bonus, C2 Zoning, Block-to-Block 5-lot assemblage, and over 30,000 square feet of blank canvas to build up to 114 apartment units.With the C2 zoning, a multifamily developer can build up to 75 market-rate units by-right, or a developer could choose to utilize the TOC Tier 1 Density bonus and build up to 114 units, with 10 of those 114 units being set aside for very low income tenants.A couple of the main benefits of the TOC Tier 1 bonus is that a developer will be allowed an increased FAR and height limit, which will be 2.75-1 and 56 feet, respectively. The property is also located in an Opportunity Zone which allows a developer an array of tax advantages on both the purchase and the future exit.

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April, 2020
Apr 14, 2020

Date

Sold (Public Records)

Public Records

--

Price
April, 2020
Apr 14, 2020

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 11432 Vanowen St

Assessed Value (2020): $1,785,674

Year	Land Value	Improved Value	Assessed Value
2020	$666,579	$1,119,095	$1,785,674

About 11432 Vanowen St

Detailed summary of property

11432 Vanowen St is categorized with a use code of Medical Bldg/Clinic in North Hollywood, CA 91605 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 10,700 living square feet, and sits on an approximately 32,482 square foot lot. Homes in North Hollywood are selling for a median price of $850,000 and a median price per square foot of $581. The average home in North Hollywood, CA is selling in 94 days. There are currently 124 homes for sale in the North Hollywood real estate market and 99 of them are single family homes while 21 of them are condos and 4 are townhomes. If you are the homeowner and looking to sell the home at 11432 Vanowen St North Hollywood, CA 91605 contact Ardent Real Estate Group and we will put you in touch with one of our North Hollywood agents.

Public Facts for 11432 Vanowen St

Public county record property details

Beds: --
Baths: --
Year built: 1957
Sq. Ft.: 10,700
Lot Size: 32,482
Stories: 1

Type: Medical Bldg/Clinic
Pool: No
Spa: No
County: Los Angeles
Lot#: 148-149
APN: 2320-018-022

The source for these homes facts are from public records.

91605 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$850,000

Median List Price/Sq.Ft.

$543

Median Sold Price

$810,000

Median Sold Price/Sq.Ft.

$562

Total Inventory

Median Sale to List Price %

101.26%

Avg Days on Market

Loan Type

Conventional (65%), FHA (0%), VA (0%), Cash (15%), Other (10%)

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(714) 706-1823

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