13103 Barbara Ann ST, North Hollywood, CA 91605
13103 Barbara Ann ST, North Hollywood, CA 91605
13103 Barbara Ann ST, North Hollywood, CA 91605
15
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$6,388,888
Est. payment /mo
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41 Beds
41 Baths
24,256 SqFt
Active

13103 Barbara Ann ST North Hollywood, CA 91605

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Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 24,256 sqft

Price per Sqft $263

MLS Listing ID 26833351

Bedrooms 41

HOA Y/N No

Year Built 1972

Lot Size 0.905 Acres

Property Description

The property has been under the same ownership for more than 30 years and current rents offer extensive room for growth. This creates a prime repositioning opportunity for a new owner to refresh apartment interiors and amenities to potentially recapture the 47% rent upside. The attractive asking price of only $155,827 per unit allows an investor to gain a sizeable foothold in the dense North Hollywood rental market at a relatively low price. In fact, only one property has sold at a lower price per unit in North Hollywood in the past year (Source: CoStar COMPS). The current owner has replaced all electrical subpanels throughout the building in 2026, which could help to reduce both insurance and utility costs substantially. A brand new water heater and storage tank were also installed in 2025, and all windows have been replaced and upgraded. The building does not appear on the Los Angeles Department of Building & Safety's Seismic Retrofit List, saving a new investor from an otherwise burdensome expense. The property offers a generous amount of on-site parking to tenants with 55 spaces, or 1.34 spaces per bedroom. The surplus of parking spaces helps provide additional income, as does the on-site laundry facility. Located near the intersection of Sherman Way and Coldwater Canyon Avenue, the property allows tenants convenient access to the Greater Los Angeles Metro Area via the nearby 170 Freeway. Residents also enjoy the building's proximity to several national retailers, including Trader Joe's, Home Depot, Ralphs, Vallarta Supermarkets, and Walgreens, all within three miles of the property.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Fireplace No

Exterior

Parking Features Assigned

Total Parking Spaces 54

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2327014010

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Roderick 'Rick' Raymundo Marcus & Millichap #01357019

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13103 Barbara Ann ST

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Herb Rim

Herb Rim

Realtor | License ID: 01870707

+1(818) 699-9179

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