Seller's Agent in 2023
Tereza Toramanyan
Coldwell Banker Hallmark
(818) 281-8812
11 in this area
359 Total Sales
12717 Vanowen St North Hollywood, CA 91605
North Hollywood Neighborhood
22
Beds
2
Baths
13,569
Sq Ft
0.5
Acres
Highlights
- 0.5 Acre Lot
- Ulysses S. Grant Senior High School Rated A-
- Laundry Room
About This Home
As of March 2023Calling out all investors for this value add investment opportunity! This 18 unit building nestled in the heart of North Hollywood consists of three buildings sitting on over half an acre lot. Unit breakdown: fourteen 1 bedroom units and four 2 bedroom units. All units are tenant occupied and all tenants paying rent! With minimal expenses and huge upside in rent. Most units are rented below market value and 5 units are section 8 tenants. Here is an incredible opportunity to add value and increase rents! Offers subject to inspection. DO NOT disturb tenants.
Last Agent to Sell the Property
Coldwell Banker Hallmark License #02038821 Listed on: 11/21/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 0.5 Acre Lot
- Two or More Common Walls
Parking
- 25 Car Garage
Home Design
- 13,569 Sq Ft Home
- Property Attached
Additional Features
- 22 Bedrooms
- Laundry Room
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 1081
- Assessor Parcel Number 2324014014
- $2,341 per year additional tax assessments
Community Details
Overview
- 3 Buildings
- 18 Units
Amenities
- Laundry Facilities
Building Details
- 18 Separate Electric Meters
- 18 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $2,400
- Insurance Expense $12,000
- Professional Management Expense $14,400
- Trash Expense $9,720
- Water Sewer Expense $21,000
- Operating Expense $69,720
- Gross Income $269,940
- Net Operating Income $200,220
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/30/2023 03/30/23 | Sold | $3,490,000 | -5.7% | $257 / Sq Ft | |
| 11/21/2022 11/21/22 | For Sale | $3,700,000 | +5.7% | $273 / Sq Ft | |
| 08/31/2020 08/31/20 | Sold | $3,500,000 | -2.6% | $258 / Sq Ft | View Prior Sale |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- | |
| 08/05/2020 08/05/20 | For Sale | $3,595,000 | 0.0% | $265 / Sq Ft | |
| 08/25/2014 08/25/14 | Rented | $1,050 | 0.0% | -- | |
| 08/21/2014 08/21/14 | Under Contract | -- | -- | -- | |
| 07/17/2014 07/17/14 | For Rent | $1,050 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Tereza Toramanyan
-
NoEmail NoEmail
N
Buyer's Agent in 2023
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
7 in this area
6,002 Total Sales
-
Kimberly Roberts Stepp
Seller's Agent in 2020
Kimberly Roberts Stepp
Keller Williams Beverly Hills
(310) 482-2200
11 Total Sales
-
Brian Hatkoff
Seller's Agent in 2014
Brian Hatkoff
Hatkoff Investments
(818) 701-7789
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD22234366
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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