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Listed by LA Premier Realty, David Nalbandyan, Listing Contact: 855-525-7653 
3 Beds
2 Baths

$3,500,000

12635 Vanowen Street, North Hollywood CA, 91605

Price per sqftN/A
Property typeMulti-family

Overview

Active

Listed Nov 2, 2026

Updated 2 days ago

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

$23,286/mo

Est. mortgage payment based on a $3,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
BB26231521

Interior Features

Bedrooms
3
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.32 Acres

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Data last updated 11:31 PM UTC, 11/4/2026

   

 

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