6-Unit Apartment
New
For Sale
$1,150,000
12839 Barbara Ann, North Hollywood, CA 91605
The property is subject to LA City rent control and includes an accessory dwelling unit.
Property Size4,454 SF
Days on Market4
Property Features for 12839 Barbara Ann
General Information
Standard status
Active
Size
4,454 SF
Property subtype
Apartment
Additional Details
Highway Access
Yes
Multifamily Units
6
Building Details
Building Size
4,454 SF
Year Built
1978
Listing Agency:
Warren Lee Berzack
Listed By:
Warren Berzack · License #01329015
(818) 269-2979
Source:
Archetyperealty
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 4 at 3:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Warren Lee Berzack
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1978, this North Hollywood apartment property contains 6 legal units. An accessory dwelling unit was added by the current owner. The property is subject to LA City rent control.
The site is near the 405, 5, 170 and 101 freeways.
The site is near the 405, 5, 170 and 101 freeways.
Key Highlights
- 6 legal apartment units
- Accessory dwelling unit added by the current owner
- Subject to LA City rent control
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,668
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,360
$1.4M
Cap Rate 7%
$1,023,829
$1.0M
Cap Rate 9%
$796,311
$796.3K
Market Conditions
NOI Build-Up for 4,454 SF
Gross rent
$141.6K $31.80/SF
− Vacancy
−$11.3K −$2.54/SF
EGI
$130.3K $29.26/SF
− OpEx
−$58.6K −$13.17/SF
NOI
$71.7K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,433,360
Cap Rate 7%
$1,023,829
Cap Rate 9%
$796,311
Alternative Uses
Best Use
Apartment 5plus
$1.02M
$895.9K – $1.19M
NOI $71,668 @ 7.0% cap · market cap 6.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.38M
$2.09M – $2.78M
NOI $166,926 @ 7.0% cap · market cap 14.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,991
Businesses Nearby
Explore this area
Business Placement
Demographics for 91605, CA
54,341
Population
17,206
Households
3.2
Avg Household Size
36
Median Age
22%
College-Educated
71%
High-School Grad
5.4 sq mi
ZIP Area
10,063
Density / Sq Mi
$64,539
Median Household Income
$32,751
Median Earnings
$1,736
Median Rent
$729,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The property is subject to LA City rent control and includes an accessory dwelling unit.
Where is this apartment building located?
The property is located at 12839 Barbara Ann North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 6 legal apartment units; Accessory dwelling unit added by the current owner; Subject to LA City rent control
