13907 Vanowen Street

Los Angeles, CA 91405

$5,300,000
Price
21
Beds
27
Baths
15,377 Sq. Ft.
$345 / Sq. Ft.
15,377
Sq. Ft.
$345
per Sq. Ft.

Description

We are excited to present a remarkable investment opportunity at 13907 Vanowen St, a 25-unit apartment complex nestled in the heart of Van Nuys, CA. Built in 1972, this expansive property spans 15,377 square feet and sits upon a sprawling 0.55-acre lot. Offering a diverse unit composition, the building showcases (5) charming studio apartments, (18) spacious one-bedroom, one-bathroom units, and (2) generously sized two-bedroom, one-bathroom units. Moreover, it boasts a meticulously maintained collection...We are excited to present a remarkable investment opportunity at 13907 Vanowen St, a 25-unit apartment complex nestled in the heart of Van Nuys, CA. Built in 1972, this expansive property spans 15,377 square feet and sits upon a sprawling 0.55-acre lot. Offering a diverse unit composition, the building showcases (5) charming studio apartments, (18) spacious one-bedroom, one-bathroom units, and (2) generously sized two-bedroom, one-bathroom units. Moreover, it boasts a meticulously maintained collection of both standard and upgraded units, affirming its pride of ownership status.
  1. Listed by Daniel Withers • DRE #01325901 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services
  2. Listed by Jeffrey Louks • DRE #00908473 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 13907 Vanowen Street

Zoning
LAR3
Parcel Number
2216017019
Total Units
25.0
Living Area
15377
Source Living Area
Other
Area
East Van Nuys
Vacancy Rate
-5%
Lot Size Area
23788

Location

Listing Courtesy of Matthews Real Estate Investment Services, Daniel Withers, DRE #01325901; Marcus & Millichap, Jeffrey Louks, DRE #00908473
Add your commute
LISTING UPDATED: 04/29/2024 01:38 PM

Property Details for 13907 Vanowen Street

StatusActive
MLS #23-342037
Days on Market148
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.55 AC / 23,788 SF
CountyLos Angeles County

Location

Listing Courtesy of Matthews Real Estate Investment Services, Daniel Withers, DRE #01325901; Marcus & Millichap, Jeffrey Louks, DRE #00908473
Add your commute

Building Information for 13907 Vanowen Street

Stories-Residences-Year Built1972Building Size-Lot Size0.55 AC / 23,788 SF

Payment Calculator

$34,241 per month

30 year fixed, 7.25% Interest

Principal and Interest

$28,924

Property Taxes

$5,317

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13907 Vanowen Street

Community / Development
Community / Development
  • Number Of Units: 25
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $448,622
  • Net Operating Income: $258,960.00
  • Gross Income: $457,759
  • Cap Rate: 4.89%
  • Gross Rent Multiplier: $11.24
  • Total Annual Expense: 189662
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.5461
  • Lot Size Square Feet: 23788
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 36
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 12-28-2023
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,245.00
  • Unit Actual Rent: $6,224.00
  • Unit Projected Rent: $6,224.00
  • Like Units: 5
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,578.00
  • Unit Actual Rent: $28,405.00
  • Unit Projected Rent: $28,405.00
  • Like Units: 18
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,759.00
  • Unit Actual Rent: $3,518.00
  • Unit Projected Rent: $3,518.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $2,332,038.00
  • Assessed Improvement Percent: 46.52
  • Assessed Land Value: $2,680,504.00
  • Assessed Land Percent: 53.48
  • Assessed Total Value: $5,012,542.00

Property History for 13907 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 13907 Vanowen Street

Taxable ValueLand$2,680,504Additions$2,349,238Total$5,029,742
Tax Record2023$63,809 ($5,317 / month)
Home Facts
Total Finished SqFt15,377 SqFtAbove Grade Finished SqFt15,377 SqFtLot Size23,789 SqFtStyleMulti-Family Res (5+ Units)Year Built1972ZoningLAR3CountyLOS ANGELESAPN2216-017-019

Schools near 13907 Vanowen Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
James Madison Middle School
Public6 to 8

Van Nuys 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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13907 Vanowen Street is a multi-family home for sale in Los Angeles, CA 91405. This property was listed for sale on December 4, 2023 by Matthews Real Estate Investment Services, it's currently listed at $5,300,000. It has been on the market for a total of 148 days and was last sold on June 27, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Andres And Maria Cardenas Elementary School, James Madison Middle School and Van Nuys Senior High School. 13907 Vanowen Street is a 21-bed, 27-bath, 15,377 sqft multi-family home built in 1972.

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 Matthews Real Estate Investment Services, Daniel Withers, DRE #01325901; Marcus & Millichap, Jeffrey Louks, DRE #00908473

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.