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$1,550,000
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Property Description
Welcome to 12944 Vanowen Street! An outstanding opportunity to acquire a well-located six-unit apartment building in one of the San Fernando Valley's strong and consistent rental markets. The property features an attractive unit mix of one 1-bedroom/1-bath unit and five 2-bedroom/2-bath units, with two of those being townhouse-style units appealing to a broad range of tenants and supporting long-term rental demand.What makes this property especially unique is the stability of the tenant base, with several long-term tenants in place for up to 35 years, creating dependable occupancy and a strong sense of community within the building. In addition, the property is not subject to Los Angeles City Rent Control, offering investors greater long-term flexibility and future upside potential.The property also presents a value-add opportunity with significant upside in rental income over time. Conveniently located near major employment centers, shopping, dining, transportation, and ongoing area improvements throughout the San Fernando Valley, 12944 Vanowen Street is well-positioned for continued rental demand and future growth.This is an ideal opportunity for an investor seeking a stable asset with long-term tenants, rental upside, and strong future potential in a highly desirable rental location.
Full Property Details
Full Property Details for 12944 Vanowen St
General
- Sold For: $1,550,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: 226002462
- Added to Site: 3 day(s) ago
Interior
- Fireplace(s): Family Room
- Flooring: Carpet
Parking
- Garage Spaces: 10
Location
- Area: VG - Valley Glen
- County: Los Angeles
- Development Name: VG - Valley Glen
Utilities
- # Water Meters: 1
- # Gas Meters: 6
- # Electric Meters: 1
Structural Information
- Entry Location: Other
- Stories/Levels: Two
- Stories Description: Two
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.1478
- Lot Size Source: Public Records
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $240.68
Listed and Sold by The ONE Luxury Properties, Debra Valentine
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Schools
Schools serving 12944 Vanowen St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Coldwater Canyon Elementary School 6850 Coldwater Canyon Ave., Los Angeles, CA 91605 | K-5 | 0.2 mi |
James Madison Middle School 13000 Hart St., Los Angeles, CA 91605 | 6-8 | 0.2 mi |
Ulysses S. Grant Senior High School 13000 Oxnard St., Los Angeles, CA 91401 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12944 Vanowen St
Date
Details
Price
Change
Source
5/26/2026
Sold
$1,550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12944 Vanowen Street, North Hollywood, CA 91605 (MLS# 226002462) is a Multi-Family property that was sold at $1,550,000 on May 26, 2026. Want to learn more about 12944 Vanowen Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

