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$2,200,000
16 Beds ⋅ 14 Baths ⋅ 26850379 MLS ⋅ Active Status
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.

12921 Oxnard Street, Van Nuys
$925,000
4 Beds ⋅ 3 Baths ⋅ 26829855 MLS ⋅ Active Status
Don't miss this opportunity to own two homes on one lot in the highly sought after community of Lake Balboa! Includes large, newly renovated 3 bedroom and 2 bath house with fully permitted 1 bedroom ADU. Perfect for large families, or live in one and rent out the other to supplement your mortgage. Both properties have their own addresses and are permitted for separate electric and gas meters. The traditional 3 bedroom, 2 bath home has beautiful modern finishes, offers central AC and heat, newer flooring and fully renovated bathrooms & kitchen. Main house has all new stainless steel appliances. Large landscaped front and back yards with recently added sprinklers. No expense was spared in renovating this house. The ADU is 1 bedroom and 1 bath with a living area,full kitchen, and separate bedroom, AC/heat, and dishwasher. Property is tenant occupied but could be delivered vacant

17209 Stagg Street, Van Nuys

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.