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Apartment Building with On-Site Laundry

13103 Barbara Ann Street, North Hollywood, CA 91605

For Sale
$6,388,888
Pending

An on-site laundry facility adds a resident amenity to this multifamily property.

Property Size24,256 SF
Days on Market16

Property Features for 13103 Barbara Ann Street

General Information

Standard status Pending
Size 24,256 SF
Total Parking Spaces 55
Property subtype Residential Income
Zoning LAR3

Additional Details

Highway Access Yes

Amenities

on-site laundry
41
2
39420
54
0.905
Assessor
Assigned
24256
1

Building Details

Building Size 24,256 SF
Year Built 1972
Stories 2
Listing Agency: Marcus & Millichap
Listed By: Roderick 'Rick' Raymundo
Source: Larryparent
Added: Oct 26 Changed: Nov 10 Last Checked: Nov 10 at 6:35AM

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 Marcus & Millichap

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Investment Insights

Based on property information with market context.

Built in 1972, this apartment property includes an on-site laundry facility. Electrical subpanels throughout the building were replaced in 2026, and a new water heater and storage tank were installed in 2025. Windows have also been replaced and upgraded. The property is zoned LAR3.

The building is near the intersection of Sherman Way and Coldwater Canyon Avenue, with access to the 170 Freeway. Trader Joe’s, Home Depot, Ralphs, Vallarta Supermarkets, and Walgreens are each within three miles.

Key Highlights

  • Electrical subpanels throughout the building replaced in 2026
  • New water heater and storage tank installed in 2025
  • Replacement and upgrades to all windows

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$390,298
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,805,960 $7.8M
Cap Rate 7%
$5,575,686 $5.6M
Cap Rate 9%
$4,336,644 $4.3M
Market Conditions
NOI Build-Up for 24,256 SF
Gross rent
$771.3K $31.80/SF
− Vacancy
−$61.7K −$2.54/SF
EGI
$709.6K $29.26/SF
− OpEx
−$319.3K −$13.17/SF
NOI
$390.3K $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%
$7,805,960
Cap Rate 7%
$5,575,686
Cap Rate 9%
$4,336,644

Alternative Uses

Best Use
Apartment 5plus
$5.58M
$4.88M – $6.50M (±1% cap)
NOI $390,298 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.99M
$11.36M – $15.15M (±1% cap)
NOI $909,060 @ 7.0% cap · market cap 14.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,097
Businesses Nearby

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

Average Price Trend$/SF for Apartment buildings in North Hollywood, CA

$396 Jul
$414 Aug
$361 Sep
$384 Oct

Properties on Market for Apartment buildings in North Hollywood

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - An on-site laundry facility adds a resident amenity to this multifamily property.
Where is this apartment building located?
The property is located at 13103 Barbara Ann Street North Hollywood, CA.
What is the asking price?
The asking price for this property is $6,388,888.
What are key features of this property?
This property features: Electrical subpanels throughout the building replaced in 2026; New water heater and storage tank installed in 2025; Replacement and upgrades to all windows
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