13226 Vanowen Street, North Hollywood, California 91605

*Financial Metrics* – 5.00% in-place Cap Rate with potential to reach 6.54% post-ADU conversion and 17% average annual return. *Property Features* – 8 units with 3 current vacancies, completed seismic retrofit, and potential for 3 additional ADUs. *ADU Potential* – 2 ADUs are RTI, and there is potential to add a third ADU. *Location Benefits* – Centrally located near the NoHo Arts District, Red/Orange Metro Line, and upcoming mixed-use developments. *Capital Improvements* – New paint, electrical panels, breakers, security cameras and landscaping, over $100K in capital expenditures. *Walk Score* – Very walkable neighborhood with a 72 Walk Score–most errands can be done on foot.