12921 Oxnard St, Van Nuys, CA 91401
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12921 Oxnard St, Van Nuys, CA 91401
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John Francis O'Brien

John Francis O'Brien

+1(856) 287-3059
$ 2,200,000
Est. payment /mo
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12921 Oxnard St Van Nuys, CA 91401

16 Beds

14 Baths

8,139 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,139 sqft

Price per Sqft $270

MLS Listing ID 26850379

Bedrooms 16

Year Built 1957

Lot Size 9,297 Sqft

Acres 0.2134

Property Sub-Type Multi-Family

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 Valley Glen

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating None

Cooling Air Conditioning

Equipment None

Exterior

Parking Features None

Garage Spaces 10.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap
John Francis O'Brien

John Francis O'Brien

+1(856) 287-3059

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12921 Oxnard St