Listed by KW Commercial Studio City
$2,900,000
13825 Vanowen St
Details
APN 2216-021-029
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,793
Net Rentable (SqFt) 10,793
Units 14
Cap Rate 5.66%
NOI $164,202
Occupancy 86%
Pro-Forma Cap Rate 7.11%
Pro-Forma NOI $206,141
Price per SqFt $269
Class C
Year Built 1977
Buildings 1
Stories 2
Lot Size (SqFt) 14,577
Zoning LARD1.5
Parking Spaces 14 spaces
Parking per 1,000 SqFt 1.30
Occupancy Date 03/25/2026
Ground Lease No
Multifamily | 14 Units | Great Van Nuys Location | 5.53 CAP
Marketing description
Located in the heart of Van Nuys, 13825 Vanowen St presents an excellent multifamily investment opportunity in one of the San Fernando Valleys most active rental markets. Positioned on a prominent corner lot along a major thoroughfare, the property offers strong visibility and convenient accessibility for tenants, making it a highly desirable location within this established residential neighborhood. The property features a diverse unit mix of 14 units, consisting of 4 Singles, 8 One-Bedroom/One-Bath units, 1 Two-Bedroom/One-and-a-Half-Bath unit, and 1 Two-Bedroom/Two-Bath unit. This well-balanced mix caters to a wide range of renters, from students and young professionals to small families, helping maintain consistent tenant demand. The building has been maintained with copper plumbing and offers individually metered gas and electric utilities, helping minimize owner expenses and improving overall operating efficiency. Tenants enjoy several convenient amenities including on-site parking and on-site laundry facilities, features that are highly valued in the local rental market. The propertys configuration and corner positioning also allow for strong natural light and accessibility, further enhancing tenant appeal. Situated in a high-demand rental corridor, the property benefits from close proximity to numerous everyday conveniences. Residents are just minutes from a variety of shopping centers, restaurants, grocery stores, and neighborhood services, while commuters enjoy easy access to the nearby Van Nuys Metrolink Station for regional transit options. Additionally, the pro
Investment highlights
Great Van Nuys Location
Unit Mix: 4-Single | 8-1+1 | 1-2+1.5 | 1-2+2
Located On A Major Thoroughfare
On-Site Parking
On-Site Laundry
Individually Metered for Gas & Electric
High Demand Rental Location
Copper Plumbing
Nearby Shopping/Transit
Short Distance To Van Nuys Transit Station
Quick Access To I-405 & CA-170 Freeways
Short Distance To LA Valley College
Corner Lot
Listing Contacts
Listed by KW Commercial Studio City
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$164,202.00
$13,683.50/mo
Valuation Metrics
0
DSCR
5.66%
Cap Rate
5.66%
ROI
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