6-Unit Apartment
13125 Vanowen St, North Hollywood, CA 91605
For Sale
$1,450,000
Residential Income, North Hollywood, CA
Property Size4,646 SF
Lot Size0.19 Acres
Price / SF$312.10
Days on Market47
Property Features for 13125 Vanowen St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Cooling system
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Rodeo Realty
(818) 986-7300
Listed By:
Ron Maman · License CA #01344010
(818) 469-7021
Added: Sep 28
Changed: Oct 24
Last Checked: Nov 13 at 5:06AM
MLS# 26993867
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6-unit apartment property at 13125 Vanowen St in North Hollywood contains 4,646 square feet on a 0.1914-acre lot. Built in 1957, the building has wall-unit cooling, and several apartments have received upgrades. Each unit is assigned a parking space, with parking provided by driveway and carport areas.
The property is zoned LAR3. Additional dwelling units may be possible, subject to zoning requirements, permits, and city approval.
The property is zoned LAR3. Additional dwelling units may be possible, subject to zoning requirements, permits, and city approval.
Key Highlights
- Six‑unit apartment building with 4,646 square feet of building area
- 0.1914‑acre lot in North Hollywood
- Each unit has an assigned parking space
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.
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Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,701
Businesses Nearby
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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
$729,900
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in North Hollywood, CA
Properties on Market for Apartment buildings in North Hollywood
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Several apartments have been improved, and every unit has an assigned parking space.
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‑unit apartment building with 4,646 square feet of building area; 0.1914‑acre lot in North Hollywood; Each unit has an assigned parking space
