13103 Barbara Ann Street, North Hollywood, CA 91605
Local realty services provided by:ERA North Orange County Real Estate
13103 Barbara Ann Street,North Hollywood, CA 91605
$6,388,888
- 41 Beds
- 41 Baths
- 24,256 sq. ft.
- Multi-family
- Active
Listed by: roderick 'rick' raymundo
Office: marcus & millichap818-212-2700
MLS#:26833351
Source:CRMLS
Price summary
- Price:$6,388,888
- Price per sq. ft.:$263.39
About this home
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....
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Home facts
- Year built:1972
- Listing ID #:26833351
- Added:1 day(s) ago
- Updated:May 20, 2026 at 01:40 AM
Rooms and interior
- Bedrooms:41
- Total bathrooms:41
- Living area:24,256 sq. ft.
Structure and exterior
- Year built:1972
- Building area:24,256 sq. ft.
- Lot area:0.91 Acres
- Levels:2 Story
Finances and disclosures
- Price:$6,388,888
- Price per sq. ft.:$263.39
Parking
- Total parking spaces:54
- Parking description:Assigned
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