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13238 Vanowen St Los Angeles, CA 91605

$1,575,000 Sold Price as of 10/07/2020

14 Beds
8 Baths
-- Sq.Ft.

Sold

$1,575,000 Sold Price as of 10/07/2020 Refinance Your Mortgage

Map preview of 13238 Vanowen St, Los Angeles, CA 91605

Property Overview: 13238 Vanowen St Los Angeles, CA has 14 bedrooms, 8 bathrooms, -- living square feet and 8,827 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this exclusively listed 8 unit apartment building in prime North Hollywood Located at 13238 Vanowen Street, built in 1959 the property is located in a desirable location with a unit mix consisting of six two bedroom/one bath units and two, one bedroom/one bath units with substantial rental upside. The onsite amenities include, lush landscaping, controlled access, balconies, private alley access with abundant parking. Local amenities include Fulton Avenue Park, across the street and the North Hollywood Tujunga Wash Biking Walking Path adjacent to the property Nearby as well, you have the Los Angeles Valley College, James Madison Middle School, Bob Hope Airport and Coldwater Canyon Elementary This multi unit property is perfect for young professionals as well as those families looking to live in close proximity to a plethora of educational establishments and recreational activities.

Listed by Joshua Ross | BRE #01918715 | Marcus & Millichap
Co-listed by Eliyahu Appel | BRE #01918652 | Marcus & Millichap

Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft: 8,827
HOA Dues: $0/mo
Year built: 1959
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20633008
City: Los Angeles
County: Los Angeles
Time on Site: 1200 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 8
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 6
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,211
Total Rent: $7,269
Pro Forma/Market Rent: $12,600

Unit Breakdown 2

# of Units: 2
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,114
Total Rent: $2,227
Pro Forma/Market Rent: $3,300

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 14.92
Gross Scheduled Income: --
Net Operating Income: $68,997
Gross Operating Income: $111,488

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 13238 Vanowen St

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Assigned

Property Information

Total # of Units: 8
Parcel Number: 2326014031

Location / Neighborhood

Location Information

Directions: West of Coldwater Canyon Ave. East of Fulton. On Vanowen

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Local Los Angeles Agent

Sale History for 13238 Vanowen St

Last sold for $1,575,000 on October 7th, 2020

October, 2020
Oct 12, 2020

Date

Sold

CRMLS: 20633008

$1,575,000

Price
Oct 2, 2020

Date

Price Change

CRMLS: 20633008

$1,550,000

Price
Sep 15, 2020

Date

Active

CRMLS: 20633008

$1,700,000

Price
October, 2018
Oct 19, 2018

Date

Expired

CRMLS: 18342172

$1,694,000

Price
Jun 4, 2018

Date

Withdrawn

CRMLS: 18342172

$1,694,000

Price
May 9, 2018

Date

Active

CRMLS: 18342172

$1,694,000

Price
Listing provided courtesy of CRMLS

As the exclusive listing agent, we are pleased to present a value add opportunity in a highly sought after Valley Glen pocket of North Hollywood. Built in 1959, the property boasts a desirable unit mix consisting of six, two-bedroom/one-bath units and two, one-bedroom/one-bath units with substantial rental upside. The on-site amenities include, lush landscaping, controlled access, balconies, private alley access with abundant parking as well as two distinct local amenities including Fulton Avenue Park just across the street and the North Hollywood Biking and Walking Path adjacent to the property. Additionally, being in close proximity to Los Angeles Valley College, James Madison Middle School and Coldwater Canyon Elementary coupled with the superior unit mix this property is perfect for young professionals as well as those families looking to live in close proximity to a plethora of educational establishments.

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Tax History for 13238 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

13238 Vanowen St sold on October 7, 2020 for 47.62% higher than the current median sold price for the city of Los Angeles which is $1,050,000.

About 13238 Vanowen St

Detailed summary of property

13238 Vanowen St is a multi family that recently sold in Los Angeles, CA 91605. This multi family property offered 14 bedrooms, 8 bathrooms, roughly -- living square feet, and sits on an approximately 8,827 square foot lot. 13238 Vanowen St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,575,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.62% higher than the current median priced home. Local homes that are currently for sale include 827 N Mccadden Pl, 6410 La Mirada and 847 N Cherokee Ave. While the average home in Los Angeles, CA is selling in 97 days, 13238 Vanowen St has a days on market of 7 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 13238 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 13238 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

$849,000

Median List Price/Sq.Ft.

$542

Median Sold Price

$750,000

Median Sold Price/Sq.Ft.

$491

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (16.67%), VA (0%), Cash (25%), Other (16.67%)

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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.