$4,550,000
SOLD JUL 8, 2025
20 Beds
30 Baths
19,532 Sq Ft
0.53 Acres

Recently Sold

$233 Per Sq Ft

19% Below List Price

53 Days on Market

About This Home

As of July 2025

HUGE PRICE REDUCTION! 15405 Vanowen is being offered at a 10.46 GRM and 5.68% cap rate with low rents - 39% upside in rents. Great price per unit of $178,333 and price per foot of $273.91. Gated parking and secured entrance for tenant security. Close proximity to freeways for convenience of travel to work and school. Large lot of 22,873 square feet zoned LAR3. The building is fully occupied, so please do not disturb the tenants. All showings are subject to an accepted offer.

Last Agent to Sell the Property

Chase Simonton

RE/MAX One License #01766871 Listed on: 02/03/2025

RE/MAX One

Last Buyer's Agent

Chase Simonton

RE/MAX One License #01766871 Listed on: 02/03/2025

RE/MAX One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.53 Acre Lot

Interior Spaces

  • 19,532 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 30 Bathrooms

Community Details

  • 30 Units

Listing and Financial Details

  • Assessor Parcel Number 2234-025-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 19532
  • Lot Acreage: 0.5253
  • Stories: 3
  • Year Built: 1960
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 20
  • Total Bathrooms: 30.00
  • Price Per S Q F T: 273.91

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 2064449
  • Assessed Land Percent: 40
  • Assessed Land Value: 1376298
  • Total Assessed Value: 3440747
  • Assessor Parcel Number: 2234-025-013
  • Lot Size Area: 22880

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 8.76
  • Number Of Units: 30
  • Total Annual Expense: 234580
  • Type Of Units: Mix
  • Vacancy Rate: 2

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Range of Values:

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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
07/08/2025 07/08/25 Sold $4,550,000 -15.0% $233 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
02/24/2025 02/24/25 Price Changed $5,350,000 -4.5% $274 / Sq Ft
02/03/2025 02/03/25 For Sale $5,600,000 -- $287 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25493379

The MLS