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Kai Steijn

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$ 2,200,000

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13015 Vanowen ST North Hollywood, CA 91605

10,724 Sqft Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25244770

HOA Y/N No

Year Built 1984

Lot Size 10,724 Sqft

Property Sub-Type Apartment

Property Description

Built in 1984, 13015 Vanowen Street is a well-maintained multifamily investment featuring a desirable mix of studios, one-bedroom, and two-bedroom units—appealing to a wide tenant base and supporting strong occupancy. The property offers efficient layouts and clear upside potential through targeted renovations. Investors can also capitalize on the opportunity to convert the (5) single-car garages into ADUs for additional income (Buyer to verify), while the property's 10 surface parking spaces provide added tenant convenience. Additionally, the property benefits from AB 1482 rent control, allowing annual rent increases of up to 5% plus CPI, ensuring long-term income stability. Situated on Vanowen Street and Coldwater Canyon Avenue in the San Fernando Valley, the property enjoys a central location in a high-demand rental market with convenient access to shopping, dining, schools, and major transportation corridors including the 405, 101, and 170 freeways. The area continues to experience steady growth, with strong employment hubs and revitalized retail corridors driving demand for quality rental housing. Its strategic location and neighborhood amenities make 13015 Vanowen Street a compelling and enduring investment opportunity.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Interior

Cooling Wall/Window Unit(s)

Flooring Carpet, Vinyl

Fireplaces Type None

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Door-Single, Garage

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Street Lights

Total Parking Spaces 15

Private Pool No

Building

Lot Description Near Public Transit, Walkstreet

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2327025022

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Akash Saini Keller Williams Realty Calabasas 916-704-4184