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13226 Vanowen St
For Sale $2,500,000 ($521.49 per Sq Ft)
$2,500,000 ($521.49 per Sq Ft)
- 8 Units
- 4,794 Sq Ft
- 8,916 Sq Ft
- Unknown Cap Rate
Description
*Financial Metrics* - 5.06% in-place Cap Rate with potential to reach 6.63% post-ADU conversion and 17.51% average annual return, 7.58% pre-tax cash flow . *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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $2,500,000 |
| Property Type | Multi-Family |
| Usable Sqft | 4,794 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1953 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2326014028 |
| MLS # | 25566573 |
| Property ID | 321995583 |
| Lot Sqft | 8,916 |
| Zoning | LAR3 |
| Total Units | 8 |
| Days on Market | 235 |
| Original List Price | $2,500,000 |
| Date Updated | January 16, 2026 |
| Date Created | July 17, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 0 | 1.00 | $0 | $2,041 |
| Unit #2 | 2 | 1.00 | $2,452 | $2,887 |
| Unit #3 | 1 | 1.00 | $0 | $2,289 |
| Unit #4 | 1 | 1.00 | $1,873 | $9,156 |
| Gross Income (Yr) | $ 193,946 |
| Operating Expenses | $ 67,470 |
| Net Income (Yr) | $ 126,475 |
Listing Provided By
Kelly Morgan an agent of . Lic #01898026
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Robert Crawford
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