6-Unit Apartment
New
For Sale
$1,450,000
13125 Vanowen St, North Hollywood, CA 91605
Each residence has a dedicated parking space, and several units have received upgrades.
Property Size4,646 SF
Price / SF$312.10
Days on Market4
Property Features for 13125 Vanowen St
General Information
Standard status
Active
Size
4,646 SF
Total Parking Spaces
6
Property subtype
Multi-Family
Building Details
Year Built
1957
Buildings
1
Listing Agency:
Rodeo Realty
Listed By:
Ron Maman · License #01344010
(818) 986-7300
Source:
Landonrealtygroup
Added: Oct 7
Last Checked: Oct 7 at 2:30PM
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 Rodeo Realty
Investment Insights
Based on property information with market context.
This 6-unit apartment property contains 4,646 square feet and was built in 1957. Each unit is assigned its own parking space, and several residences have been upgraded. The building is located at 13125 Vanowen St in North Hollywood, California.
Key Highlights
- Six residential units in a 4,646‑square‑foot building
- One dedicated parking space for each unit
- Several units have been upgraded
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,758
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,495,160
$1.5M
Cap Rate 7%
$1,067,971
$1.1M
Cap Rate 9%
$830,644
$830.6K
Market Conditions
NOI Build-Up for 4,646 SF
Gross rent
$147.7K $31.80/SF
− Vacancy
−$11.8K −$2.54/SF
EGI
$135.9K $29.26/SF
− OpEx
−$61.2K −$13.17/SF
NOI
$74.8K $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%
$1,495,160
Cap Rate 7%
$1,067,971
Cap Rate 9%
$830,644
Alternative Uses
Best Use
Apartment 5plus
$1.07M
$934.5K – $1.25M
NOI $74,758 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.49M
$2.18M – $2.90M
NOI $174,122 @ 7.0% cap · market cap 12.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,701
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Each residence has a dedicated parking space, and several units have received upgrades.
Where is this apartment building located?
The property is located at 13125 Vanowen St North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Six residential units in a 4,646‑square‑foot building; One dedicated parking space for each unit; Several units have been upgraded
