NOT LISTED FOR SALE

12755 Vanowen St Los Angeles, CA 91605

Valley Glen Neighborhood
3 Beds
2 Baths
15,022 Sq Ft
0.44 Acres

Last Sold December 30, 2022

Last sale price $4,275,000 $285 Per Sq Ft

37 Days on Market

Highlights

  • 0.44 Acre Lot
  • Community Pool
  • Rectangular Lot
  • Ulysses S. Grant Senior High School Rated A-
  • Laundry Room

About This Home

As of December 2022

We are proud to represent this 21 unit property in North Hollywood.
The building was constructed in 1963. Its unit mix consists of (17) 1+1 units and (4) 2+1 units. With a lot size of 19,301 square feet, the property has a total of 15,022 rentable square feet.
North Hollywood offers many things to see and do, especially in its NoHo Arts District, which has been greatly expanding into a hip, pedestrian-friendly urban village. North Hollywood has historic shopping and interesting local restaurants and bars that make it a diverse, thriving neighborhood. It is home to many theatres, art galleries, cafes, music recording venues, and shops. Its residents have easy access of public transportation with the Metro rail stations and the North Hollywood Red Line and Orange line bus ways. They also have easy access to the 101, 170, and 134 freeways. North Hollywood is currently working on a $1 billion mixed-use development at Lankershim and Chandler; the project will re-develop 15.6 acres of commercial and residential space, including 562 residential units and three high-rise office towers. This, combined with an already thriving Arts District, makes North Hollywood a smart place to invest.
The property is separately metered for gas and electricity.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 11/16/2022

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union License #00885625 Listed on: 11/16/2022

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.44 Acre Lot
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • 15,022 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 19405
  • Assessor Parcel Number 2324014005
  • $2,946 per year additional tax assessments

Community Details

Overview

  • 21 Units
  • Valley

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Building Details

  • 21 Separate Electric Meters
  • 21 Separate Gas Meters
  • 21 Separate Water Meters
  • Electric Expense $29,636
  • Insurance Expense $10,509
  • Operating Expense $102,246
  • Gross Income $225,624
  • Net Operating Income $119,609

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Price Per Unit: 209524
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2324014005
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 284.58

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 19220.00
  • Lot Size Acres: 0.4412

Multi Family

  • Electric Expense: 29636.00
  • Gross Income: 225624.00
  • Gross Scheduled Income: 225624.00
  • Insurance Expense: 10509.00
  • Lot Size Area: 19220.0000 Square Feet
  • Net Operating Income: 119609.00
  • Number Of Separate Electric Meters: 21
  • Number Of Separate Gas Meters: 21
  • Number Of Separate Water Meters: 21
  • Number Of Units Total: 21
  • Operating Expense: 102246.00
  • Rent Control: No
  • Total Expenses: 102246.00

Tax Info

  • Tax Census Tract: 1233.03
  • Tax Lot: 21
  • Tax Tract Number: 19405
  • TaxOtherAnnualAssessmentAmount: 2946.00

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $4,275,000 -2.8% $285 / Sq Ft
11/16/2022 11/16/22 For Sale $4,400,000 -- $293 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cindy Hill

    Seller's Agent in 2022

    Cindy Hill

    Equity Union

    (818) 640-8360

    7 in this area

    76 Total Sales

    Cindy Hill
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22242878

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 91605 Valley Glen

12755 Vanowen St, Los Angeles, CA

This home is located at 12755 Vanowen St, Los Angeles, CA 91605 since 16 November 2022. This property was built in 1963. 12755 Vanowen St is a home located in Los Angeles County with nearby schools including Coldwater Canyon Elementary, James Madison Middle, and Ulysses S. Grant Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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