Income Home for Sale in Los Angeles, California (Closed)

13825 VANOWEN Street, Los Angeles, California 91405, US

$ 2,750,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,750,000
  • MLS ID: 18390774
  • Property Type: Income Home
  • WEB ID: PR00908301
  • Property Status: Closed
  • Lot Size: 14,558sqft
  •  Income Home for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,750,000
  • MLS ID: 18390774
  • Property Type: Income Home
  • WEB ID: PR00908301
  • Property Status: Closed
  • Lot Size: 14,558sqft
We are pleased to present 13825 Vanowen Street, this two-story building contains 10,793 rentable square feet. Even with the possibility to quickly capture market rents since two units are scheduled to be delivered vacant at close of escrow, the remainder of the building features rents that are approximately 36% below market level, allowing the opportunity to continually improve income.Rent growth has been steady in Valley Glen, one of the denser neighborhoods of Van Nuys, near the borders of Valley Village and North Hollywood. Through the third quarter of 2018, average effective rents have increased by 2.7%. Meanwhile, vacancy rates have remained tighter than the Los Angeles Metro average, with Van Nuys only reaching a 2.7% vacancy rate, one of the lowest in the metro area, compared to 36% for Greater Los Angeles.

Additional Features

  • Sprinklers None
  • Listing Status: Closed
  • Listing Agent: Roderick 'Rick' Raymundo (lic# 01357019) of CLAW
  • Listing Office: Marcus & Millichap (lic# 00530854)
  • Selling Agent: Michael Pesci (lic# 01274379)
  • CO-Selling Agent: James Antonucci (lic# 01822661)
  • CO-Selling Office: Keller Williams Realty-Studio
  • Based on information from CRISNet MLS as of 6th August 2026 at 11:06pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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