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14835 Vanowen St

Los Angeles, CA 91405
  • $3,100,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 21-104374
UPDATED: 30 min ago
$3,100,000
  • 22
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,817
    SQFT
  • $316
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

CLEAN, Nicely Maintained 12 units. Parking for each unit plus 2 additional spaces. Respectable actual cash flow of $17k+ /mo and over $200k annually still w/ Significant upside in rents. All units have functional layouts. Eight 2+2's, three 1+1's and one 3+2. Excellent 2 story value-add apartment building, built in 1963, has 9,817 sq ft of living space situated on a 14,005 sq foot lot. Common gated pool. Building owned laundry room equipment. High resolution security camera system that can be accessed via laptop or smart phone, goes with building. Individually metered for elec & gas. Some units have private balconies. Walking distance to eateries, supermarket, banks, places of worship, substantial shopping & transpo. Soft Story engineering completed & submitted to the City however the Buyer will need to perform the actual work. We have an estimate from a Licensed Contractor for $55,500.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T06:43:04.25. 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.
www.haciendagroupinc.com/homes/123202988
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14835 Vanowen St Los Angeles, CA 91405

  • Price: $3,100,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 30 min ago
  • MLS #: 21-104374
22
Beds
0
Baths
0
½ Baths
0.32
Acres
9,817
SQFT
$316
$/SQFT
1963
Built
Neighborhood:
East Van Nuys
County:
Los Angeles
Area:
East Van Nuys
Property Description
CLEAN, Nicely Maintained 12 units. Parking for each unit plus 2 additional spaces. Respectable actual cash flow of $17k+ /mo and over $200k annually still w/ Significant upside in rents. All units have functional layouts. Eight 2+2's, three 1+1's and one 3+2. Excellent 2 story value-add apartment building, built in 1963, has 9,817 sq ft of living space situated on a 14,005 sq foot lot. Common gated pool. Building owned laundry room equipment. High resolution security camera system that can be accessed via laptop or smart phone, goes with building. Individually metered for elec & gas. Some units have private balconies. Walking distance to eateries, supermarket, banks, places of worship, substantial shopping & transpo. Soft Story engineering completed & submitted to the City however the Buyer will need to perform the actual work. We have an estimate from a Licensed Contractor for $55,500.
Exterior Features

Lot Size Area 14005 Other Structures None Parking Garage Assigned Pool Description In GroundFencedCommunity Pool YN Yes Total Parking 14

Interior Features

Baths Total 21.00 Cooling Window Unit(S) Equipment Built-InsFreezerRange/OvenRefrigerator Heating Wall Gas Laundry CommunityRoom Laundry Equipment Own

Property Features

Assessed Total Value 2060507 Electric Expense 2340.00 Gardener Expense 1200.00 Gross Income 204864 Gross Operating Income 204864 Insurance Expense 5200.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Maintenance Expense 667.00 Net Operating Income 145311.00 Number Of Buildings 1 Number Of Units 12 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Source Lot Size Dimensions Assessor Total Annual Expense 59549 Trash Expense 3364.00 Type Of Units Apt Water Expense 13244.00 Year Built Source Assessor Zoning Lar3

Listing provided courtesy of Frank Paul Barbano DRE#01380908 of Barbano Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T06:43:04.25. 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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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253