13226 Vanowen St, North Hollywood, CA 91605 - View 1
13226 Vanowen St, North Hollywood, CA 91605 - View 2
13226 Vanowen St, North Hollywood, CA 91605 - View 3
13226 Vanowen St, North Hollywood, CA 91605 - View 4
13226 Vanowen St, North Hollywood, CA 91605 - View 5
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13226 Vanowen St, North Hollywood, CA 91605

List Price: $2,500,000On Market FlagOn market
Jul 17, 20254,794 sqft10 beds9 baths
Listed by: Kelly Morgan
License #: 01898026
Phone #: 310-836-3638
Houze Real Estate Management
Source:
CRMLS Logo
MLS #: 25566573

Property Description

*Financial Metrics* - 5.00% in-place Cap Rate with potential to reach 6.54% post-ADU conversion and 17% average annual return. *Property Features* - 8 units with 3 current vacancies, completed seismic retrofit, and potential for 3 additional ADUs. *ADU Potential* - 2 ADUs are RTI, and there is potential to add a third ADU. *Location Benefits* - Centrally located near the NoHo Arts District, Red/Orange Metro Line, and upcoming mixed-use developments. *Capital Improvements* - New paint, electrical panels, breakers, security cameras and landscaping, over $100K in capital expenditures. *Walk Score* - Very walkable neighborhood with a 72 Walk Score--most errands can be done on foot.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$41,907

TurboHome Estimated Value

$2,646,900

$552 sqft

High Valuation
$2,779,245
$580/sqft
Normal Valuation
$2,646,900
$552/sqft
Low Valuation
$2,514,555
$525/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$552/sqft$2,646,900

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