13524 Vanowen Street

13524 Vanowen Street

Van Nuys, CA 91401

$1,095,000
Price
6
Beds
4
Baths
2,902 Sq. Ft.
$377 / Sq. Ft.
2,902
Sq. Ft.
$377
per Sq. Ft.
a front view of a house with a yard
an aerial view of residential houses with outdoor space
a view of a house with a small yard and potted plants
an aerial view of residential houses with outdoor space
a view of a window in a room
a bathroom with a granite countertop sink and a mirror
an aerial view of residential houses and outdoor space
a kitchen that has a sink and a stove
a view of a house with a small yard
a car parked in front of a house

Description

We are pleased to present the exclusive listing of 13524 Vanowen Street, a four-unit multifamily building located in Van Nuys. Built in 1955 comprised of (2) one-bedroom, one-bathroom units, and (2) two-bedroom, one-bathroom unit, with a total of 2,902 rentable square feet. The property has had many recent capital improvements, including window replacements in unit #4, repairs to doors, sinks, refrigerators, and laundry facilities in 2022, and a garage roof replacement in the same year. Additionally,...We are pleased to present the exclusive listing of 13524 Vanowen Street, a four-unit multifamily building located in Van Nuys. Built in 1955 comprised of (2) one-bedroom, one-bathroom units, and (2) two-bedroom, one-bathroom unit, with a total of 2,902 rentable square feet. The property has had many recent capital improvements, including window replacements in unit #4, repairs to doors, sinks, refrigerators, and laundry facilities in 2022, and a garage roof replacement in the same year. Additionally, floor replacements in unit #2 and kitchen countertops in units #1 and #3 have been completed. With a versatile unit mix, the property offers potential for attracting tenants from different demographics, potentially increasing rental income. The property includes carport parking for each unit. Van Nuys, a neighborhood located in the San Fernando Valley region of Los Angeles, California, near the intersection of Vanowen Street and Woodman Avenue, offers a mix of residential, commercial, and recreational amenities. This area boasts easy access to major transportation routes such as the 405 and 101 freeways, facilitating convenient commuting throughout the Los Angeles metropolitan area. The neighborhood is known for its diverse population and vibrant cultural scene, with various dining, shopping, and entertainment options nearby. Additionally, Van Nuys is home to several parks and green spaces, providing opportunities for outdoor recreation and relaxation. The proximity to schools, healthcare facilities, and other essential services makes it an appealing location for residents seeking convenience and accessibility. Overall, Van Nuys offers a dynamic urban environment with a range of amenities and opportunities for residents. In summary, 13524 Vanowen Street represents an excellent investment opportunity within the thriving community of Van Nuys. With recent capital improvements, a versatile unit mix, and its prime location near major transportation routes and amenities, this property promises strong rental potential and long-term value appreciation. Buyer to verify information independently and with listing broker.
  1. Listed by Eliyahu Appel • DRE #01918652 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 13524 Vanowen Street

Zoning
LARD1.5
Parcel Number
2329011011
Total Units
4.0
Living Area
2902
Source Living Area
Vendor Enhanced
Area
Valley Glen (VG)
Vacancy Rate
3%
Lot Size Area
6600

Location

Listing Courtesy of Marcus & Millichap, Eliyahu Appel, DRE #01918652
Add your commute
LISTING UPDATED: 05/01/2024 01:01 PM

Property Details for 13524 Vanowen Street

StatusActive
MLS #24-386555
Days on Market39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.15 AC / 6,600 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Eliyahu Appel, DRE #01918652
Add your commute

Building Information for 13524 Vanowen Street

Stories2Residences-Year Built1955Building Size-Lot Size0.15 AC / 6,600 SF

Payment Calculator

$7,001 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,976

Property Taxes

$1,025

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13524 Vanowen Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $64,627
  • Net Operating Income: $33,126.00
  • Gross Income: $64,627
  • Cap Rate: 3.03%
  • Gross Rent Multiplier: $16.44
  • Vacancy Allow Dollar: $1,999.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 31501
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1515
  • Lot Size Square Feet: 6600
Parking Details
Parking Details
  • Parking Garage: Carport Detached
  • Total Parking: 0
  • Carport Spaces Total: 4
  • Parking Features: Detached Carport
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Wall Unit(s)
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-01-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,395.00
  • Unit Actual Rent: $2,790.00
  • Unit Projected Rent: $3,590.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,381.00
  • Unit Actual Rent: $2,762.00
  • Unit Projected Rent: $4,790.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $380,389.00
  • Assessed Improvement Percent: 38.97
  • Assessed Land Value: $595,685.00
  • Assessed Land Percent: 61.03
  • Assessed Total Value: $976,074.00

Property History for 13524 Vanowen Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13524 Vanowen Street

Taxable ValueLand$595,685Additions$380,389Total$976,074
Tax Record2023$12,303 ($1,025 / month)
Home Facts
Total Finished SqFt2,902 SqFtAbove Grade Finished SqFt2,902 SqFtLot Size6,598 SqFtStyleQuadraplexYear Built1955ZoningLARD1.5CountyLOS ANGELESAPN2329-011-011

Schools near 13524 Vanowen Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Kittridge Street Elementary School
Public - K to 5
James Madison Middle School
Public - 6 to 8
Ulysses S. Grant Senior High School
Public - 9 to 12
Ararat Charter School
Charter - K to 5
Rating
School
Distance
Kittridge Street Elementary School
PublicK to 5

James Madison Middle School
Public6 to 8

Ulysses S. Grant Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 13524 Vanowen Street, Van Nuys, CA 91401

13524 Vanowen Street is a multi-family home for sale in Van Nuys, CA 91401. This property was listed for sale on April 9, 2024 by Marcus & Millichap, it's currently listed at $1,095,000. It has been on the market for a total of 39 days and was last sold on October 24, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Kittridge Street Elementary School, James Madison Middle School and Ulysses S. Grant Senior High School. 13524 Vanowen Street is a 6-bed, 4-bath, 2,902 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Eliyahu Appel, DRE #01918652

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.