11925 Vanowen St, Los Angeles, CA 91605
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11925 Vanowen St Los Angeles, CA 91605

$1,625,000 Sold Price as of 06/27/2024
  • 12 Beds
  • 8 Baths
  • 4,938 Sq.Ft.
Sold
$1,625,000 Sold Price as of 06/27/2024 Refinance Your Mortgage

Map preview of 11925 Vanowen St, Los Angeles, CA 91605

Property Overview: 11925 Vanowen St Los Angeles, CA has 12 bedrooms, 8 bathrooms, 4,938 living square feet and 7,278 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to represent this well maintained apartment building on the corner lot. Nestled within the desirable North Hollywood area. This income property comprises eight units that offer lucrative investment potential. Assumable financing at 3.91% fixed for 5 years. Some latest upgrades and improvements with three units been fully renovated. Updated copper plumbing. Four units in the building offers a 1 bedroom and 1 bathroom and four units offers a 2 bedroom and 1 bathroom layout. It s ideal for investors seeking a balanced combination of immediate income and potential for value appreciation.

Listed by Leonid Gershkovich | BRE #01205638 | Prime Banker Realty, Inc.
Last checked: 8 minutes ago | Last updated: July 10th, 2024 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
7,278
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24371675
City
Los Angeles
County
Los Angeles
Time on Site
180 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,352
  • Total Rent: $1,352
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,505
  • Total Rent: $1,505
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,318
  • Total Rent: $1,318
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,060
  • Total Rent: $1,060
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,087
  • Total Rent: $1,087
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,612
  • Total Rent: $1,612
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.84
  • Gross Scheduled Income: --
  • Net Operating Income: $110,465
  • Gross Operating Income: $143,440
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 11925 Vanowen St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Parking Space
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 8
  • Parcel Number: 2321022011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Laurel Canyon
View more facts & features

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Sale History for 11925 Vanowen St

Last sold for $1,625,000 on June 27th, 2024
  • June, 2024

  • Jun 27, 2024

    Date

    Sold

    CRMLS: 24371675

    $1,625,000

    Price

  • Mar 21, 2024

    Date

    Active

    CRMLS: 24371675

    $1,699,000

    Price

Tax History for 11925 Vanowen St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

11925 Vanowen St sold on June 27, 2024 for 51.7% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $344.07 per/sqft which puts the price per square foot 52.48% lower than the current median sale per square foot for the city of Los Angeles.

About 11925 Vanowen St

Detailed summary of property

11925 Vanowen St is a multi family that recently sold in Los Angeles, CA 91605. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 4,938 living square feet, and sits on an approximately 7,278 square foot lot. 11925 Vanowen St was first listed on ArdentRealEstateGroup.com on March 23, 2024. The homeowner sold the property for $1,625,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 51.7% higher than the current median priced home. Local homes that are currently for sale include 6631 De Longpre Ave, 6607 Fountain Ave and 1239 Gordon St. While the average home in Los Angeles, CA is selling in 106 days, 11925 Vanowen St has a days on market of 26 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 11925 Vanowen St Los Angeles, CA 91605 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11925 Vanowen St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$899,999
Median List Price/Sq.Ft.
$580
Median Sold Price
$890,000
Median Sold Price/Sq.Ft.
$547
Total Inventory
53
Median Sale to List Price %
101.15%
Avg Days on Market
24
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.