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$ 2,200,000
Est. payment /mo
New
12921 Oxnard ST Van Nuys, CA 91401
16 Beds
14 Baths
8,139 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,139 sqft
Price per Sqft $270
MLS Listing ID 26850379
Bedrooms 16
HOA Y/N No
Year Built 1957
Lot Size 9,295 Sqft
Property Description
12921 Oxnard Street presents an excellent opportunity to acquire a well-maintained10-unit multifamily asset in the heart of Van Nuys, one of the San Fernando Valley's most established rental markets. Built in 1957, the property consists of an attractive unit mix of four (4) two-bedroom/two-bathroom units and six (6) one bedroom/one-bathroom units, catering to a broad tenant base seeking quality housing in a central location. The property has been under the same ownership for the past 16 years and has benefited from consistent maintenance and attentive management throughout its tenure. Investors will appreciate the strong in-place rental income coupled with the opportunity to further enhance cash flow through strategic rent growth and operational efficiencies over time. Ideally situated near the highly desirable communities of Sherman Oaks and Studio City, the property offers tenants convenient access to major employment centers, retail amenities, dining destinations, and transportation corridors throughout the San Fernando Valley and Greater Los Angeles. With its desirable unit mix, and value-add potential, 12921 Oxnard Street represents a compelling investment opportunity for both private and institutional multifamily investors seeking long-term growth in a proven rental market.
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Zoning LAR3
Interior
Heating None
Fireplace No
Exterior
Parking Features None
Total Parking Spaces 10
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 2331020006
Special Listing Condition Standard
Listed by Jeffrey Louks Marcus & Millichap #00908473