15436 Vanowen St, Los Angeles, CA 91406
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15436 Vanowen St Los Angeles, CA 91406

$3,120,000 Sold Price as of 01/29/2021
  • 24 Beds
  • 16 Baths
  • 11,954 Sq.Ft.
Sold
$3,120,000 Sold Price as of 01/29/2021 Refinance Your Mortgage

Map preview of 15436 Vanowen St, Los Angeles, CA 91406

Property Overview: 15436 Vanowen St Los Angeles, CA has 24 bedrooms, 16 bathrooms, 11,954 living square feet and 13,016 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Ideal 1031 Exchange Investment Opportunity | The subject property is an attractive and ideal 1031 Exchange investment opportunity. Great Van Nuys Location | The subject property is located within walking distance to Sepulveda Blvd and the Valley Presbyterian Hospital. Attractive Unit-Mix | The property consists of (8) 1 bed / 1 bath units and (8) 2 bed / 1 bath units. Strong In-Place Income | Investors can benefit from a strong yield which allows for attractive financing. Rental Upside | There is approximately 20% upside in the rental income making the subject property a value-add opportunity.

Listed by Elliot Hassan | BRE #01481211 | James Capital Advisors, Inc.
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 166

Home details

Lot Sq. Ft
13,016
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20602390
City
Los Angeles
County
Los Angeles
Time on Site
1200 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,155
  • Total Rent: $9,239
  • Pro Forma/Market Rent: $1,475
Unit Breakdown 2
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,461
  • Total Rent: $11,687
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.42
  • Gross Scheduled Income: --
  • Net Operating Income: $131,181
  • Gross Operating Income: $315,713
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 15436 Vanowen St

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Covered, Uncovered
Property Information
  • Total # of Units: 16
  • Parcel Number: 2234023007
Location / Neighborhood
Location Information
  • Directions: The subject property is located near Vanowen St & Sepulveda Blvd.
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Sale History for 15436 Vanowen St

Last sold for $3,120,000 on January 29th, 2021
  • January, 2021

  • Jan 30, 2021

    Date

    Sold

    CRMLS: 20602390

    $3,120,000

    Price

  • Dec 23, 2020

    Date

    Pending

    CRMLS: 20602390

    $3,295,000

    Price

  • Oct 26, 2020

    Date

    Price Change

    CRMLS: 20602390

    $3,295,000

    Price

  • Jul 10, 2020

    Date

    Active

    CRMLS: 20602390

    $3,400,000

    Price

Tax History for 15436 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

15436 Vanowen St sold on January 29, 2021 for 213.81% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $275.64 per/sqft which puts the price per square foot 62.65% lower than the current median sale per square foot for the city of Los Angeles.

About 15436 Vanowen St

Detailed summary of property

15436 Vanowen St is a multi family that recently sold in Los Angeles, CA 91406. This multi family property offered 24 bedrooms, 16 bathrooms, roughly 11,954 living square feet, and sits on an approximately 13,016 square foot lot. 15436 Vanowen St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,120,000. 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 213.81% higher than the current median priced home. Local homes that are currently for sale include 11337 Mississippi Ave, 859 N Vista St and 434 N Ogden Dr. While the average home in Los Angeles, CA is selling in 97 days, 15436 Vanowen St has a days on market of 166 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 15436 Vanowen St Los Angeles, CA 91406 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 15436 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.

91406 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$523
Median Sold Price
$875,000
Median Sold Price/Sq.Ft.
$575
Total Inventory
62
Median Sale to List Price %
102.34%
Avg Days on Market
37
Loan Type
Conventional (40%), FHA (5%), VA (0%), Cash (20%), Other (25%)

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Related Resources to 15436 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.