12635 Vanowen
North Hollywood CA 91605
$3,500,000
Status: Active
Description
A 15-unit Multifamily Located in Noho West With over 60% Upside on rent and currently operating at a 5% CAP Rate. the Property Boasts an Appealing Blend of Units (7 2bedrooms & 8 1bedrooms), All Surrounding a Stunning Courtyard. Each Unit Offers Spacious Living Areas and Private Balconies. The property currently collects $270K in rent with proforma rents reaching $427K, resulting in a Proforma GRM of 8.19 and Proforma CAP rate of 9.65%. Recent Capital Improvements include EQ Retrofitting, Main Panel Upgrades, new asphalt and Three Units with Complete Interior Renovations
Map Location
Listing provided courtesy of David Nalbandyan of LA Premier Realty. Last updated 2026-11-06 09:10:56.000000. Listing information © 2026 CRMLS.
Pablo Martinez
DRE# 01353280
P.O. Box 22291
San Diego, CA 92192
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619.480.0890
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