13907 Vanowen St, Los Angeles, CA 91405
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13907 Vanowen St Los Angeles, CA 91405

$5,300,000
  • 22 Beds
  • 25 Baths
  • 15,377 Sq.Ft.
For Sale
$5,300,000 Get Pre-Qualified

Map preview of 13907 Vanowen St, Los Angeles, CA 91405

Property Overview: 13907 Vanowen St Los Angeles, CA has 22 bedrooms, 25 bathrooms, 15,377 living square feet and 23,788 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are excited to present a remarkable investment opportunity at 13907 Vanowen St, a 25-unit apartment complex nestled in the heart of Van Nuys, CA. Built in 1972, this expansive property spans 15,377 square feet and sits upon a sprawling 0.55-acre lot. Offering a diverse unit composition, the building showcases (5) charming studio apartments, (18) spacious one-bedroom, one-bathroom units, and (2) generously sized two-bedroom, one-bathroom units. Moreover, it boasts a meticulously maintained collection of both standard and upgraded units, affirming its pride of ownership status.

Listed by Daniel Withers | BRE #01325901 | Matthews Real Estate Investment Services
Co-listed by Jeffrey Louks | BRE #00908473 | Marcus & Millichap
Last checked: 1 minute ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 151
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Home details

Lot Sq. Ft
23,788
HOA Dues
$0/mo
Year built
1972
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23342037
City
Los Angeles
County
Los Angeles
Time on Site
126 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 25
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,755
  • Total Rent: $3,509
  • Pro Forma/Market Rent: $3,509
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,290
  • Total Rent: $6,448
  • Pro Forma/Market Rent: $6,448
Unit Breakdown 3
  • # of Units: 18
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,548
  • Total Rent: $27,868
  • Pro Forma/Market Rent: $27,868
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.89%
  • Gross Rent Multiplier: 11.24
  • Gross Scheduled Income: --
  • Net Operating Income: $258,960
  • Gross Operating Income: $448,622
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 13907 Vanowen St

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 36
  • Has Parking
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 25
  • Parcel Number: 2216017019
  • Year Built Source: Other
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Ranchito Ave; East of Costello Ave
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Sale History for 13907 Vanowen St

Last sold for $4,675,000 on September 21st, 2018
  • December, 2023

  • Dec 4, 2023

    Date

    Active

    CRMLS: 23342037

    $5,300,000

    Price

  • September, 2018

  • Sep 24, 2018

    Date

    Sold

    CRMLS: 18344436

    $4,675,000

    Price

  • Jul 9, 2018

    Date

    Pending

    CRMLS: 18344436

    $4,750,000

    Price

  • May 15, 2018

    Date

    Active

    CRMLS: 18344436

    $4,750,000

    Price

  • Listing provided courtesy of CRMLS

    13907 Vanowen St is a stunning 25 unit apartment building located in the prestigious Van Nuys market. All new windows and upgraded laminate floors create a light and spacious layout in a mix of single, 1bed/1bath, and 2bed/1bath units. Several of the units have new kitchen countertops and tiled bathrooms provide a lavish living experience for several of the tenants. This 15,377 SF building includes 36 parking spaces, 5 of which are available for an additional rent of $50 per month. In close proximity to the property lies the Van Nuys Recreation Center, Hartland Mini Park, and Vallarta Supermarket making retail and recreation options easily accessible. In terms of transit facilitation, Vanowen lies less than two miles from the Hollywood/170 Freeway which connects to additional major freeways and surrounding neighborhoods. This property is also located less than two miles away from the Sepulveda Orange Line Station which connects to adjacent Los Angeles markets.

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Tax History for 13907 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

13907 Vanowen St is listed 332.65% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $344.67 per/sqft which puts the price per square foot 55.47% lower than the median price per square foot for the city of Los Angeles.

About 13907 Vanowen St

Detailed summary of property

13907 Vanowen St is a multi family located in Los Angeles, CA 91405 and is currently for sale. This multi family property offers 22 bedrooms, 25 bathrooms, roughly 15,377 living square feet, and sits on an approximately 23,788 square foot lot. 13907 Vanowen St was first listed on ArdentRealEstateGroup.com on December 28, 2023. The homeowner is currently asking $5,300,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 332.65% higher than the median priced home. Local competing homes currently for sale include 2016 N Vista Del Mar Ave, 1947 N Vista Del Mar Ave and 11627 Mayfield Ave. While the average home in Los Angeles, CA is selling in 96 days, 13907 Vanowen St has a days on market of 151 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 13907 Vanowen St Los Angeles, CA 91405 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 13907 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.

91405 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$520
Median Sold Price
$820,000
Median Sold Price/Sq.Ft.
$491
Total Inventory
38
Median Sale to List Price %
102.63%
Avg Days on Market
17
Loan Type
Conventional (25%), FHA (8.33%), VA (0%), Cash (0%), Other (16.67%)

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Related Resources to 13907 Vanowen St

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.