12800 Oxnard Street
North Hollywood, CA 91606
- – beds
- – baths
- – sqft
- 7,133 sqft lot
- 1959 build
- – on site
We are pleased to present 12800 Oxnard Street, a three-unit multifamily property located in Valley Glen, CA. This property offers a rare value-add opportunity in a desirable pocket of the San Fernando Valley, with strong potential for rental growth. Built in 1959 and fully renovated in 1988, the property sits on a 0.16-acre corner lot, providing excellent visibility and accessibility. It consists of three spacious two-bedroom, two-bathroom units, each exceeding 1,000 square feet in size. All units feature private patios, replaces, and central air conditioning, offering tenants both comfort and modern amenities. The property is separately metered for utilities, reducing operating expenses, and includes on-site laundry facilities for added convenience. There are three parking spaces located behind the property with easy alleyway access. 12800 Oxnard Street is not subject to Los Angeles Rent Control (RSO) due to a luxury exemption, providing additional exibility for rental increases. With one unit currently vacant, an investor can start renovations immediately and achieve market rents. The market rent for similar two-bedroom, two-bathroom units in the area is approximately $3,000 per month, offering substantial upside potential.Located at 12800 Oxnard Street, this property is ideally situated in the heart of Valley Glen, combining suburban charm with urban convenience. Residents enjoy proximity to Valley College, Valley Glen Community Park, and Whitsett Sports Field, making the area ideal for both leisure and education.The property is well-connected, with access to major freeways including the 101 and 170, as well as public transportation options, ensuring smooth commutes throughout Los Angeles. Additionally, it is a short drive from the bustling hubs of North Hollywood and Studio City, providing access to vibrant shopping, dining, and entertainment venues. With its central location in the San Fernando Valley and proximity to employment centers, retail destinations, and recreational amenities, 12800 Oxnard Street is perfectly positioned to attract long-term tenants and capitalize on the area's consistent rental demand.
Listed By CRMLS_CA / Filip Niculete / Marcus & Millichap
Last checked:
Checking…
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Last updated Dec 20, 2024
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MLS# 24473743 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1959
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New Construction:No
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Building Area Total:3240.00
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Total Number Of Units:3
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# of Buildings:1
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Stories Total:1
Interior
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Levels:One
Location
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Directions:Oxnard and Coldwater
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Latitude:34.17912700
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Longitude:-118.41163900
The Property
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Property Type:Residential Income
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Zoning:LARD1.5
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Lot Size Area:7133.0000
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Lot Size Acres:0.1638
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Lot Size SqFt:7133.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:2341006013
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Carport
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Parking Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/19/24
Dec 19, 2024
|
Listed / Active | CRMLS_CA | $1,250,000 | 13.7% (2.0% / YR) |
1/23/18
Jan 23, 2018
|
CRMLS_CA | $1,099,000 |