13101 Oxnard Street, Valley Glen, CA 91401

$2,800,000

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List Price
$2,800,000
Status
ACTIVE
MLS#
SR26229248
Year Built
1964
Lot Size
11,500
Acres
0.26
Lot Location
Walkstreet
Days on Market
7
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

Presenting 13101 Oxnard Street, a 12-unit multifamily value-add investment opportunity situated on a prominent corner lot in the desirable Valley Glen neighborhood. Built in 1964, the property features approximately 12,608 SF of building area on an 11,500 SF lot, offering an attractive unit mix of six 2-bedroom/2-bathroom and six 3-bedroom/2-bathroom apartments. Conveniently located near Los Angeles Valley College, Grant High School, and Erwin Street Elementary School, the property offers access to nearby shopping, dining, transportation, and neighborhood amenities. Its corner location provides excellent street visibility and accessibility. The property offers significant value-add potential, including opportunities for unit renovations, possible ADU development, and the potential utilization of underused areas for additional storage income. Based on estimated market rents, the property may offer approximately 40% rental upside, subject to buyer's independent verification of current rents, market conditions, and applicable rent regulations. With its desirable unit mix, strategic Valley Glen location, and potential for future income growth, 13101 Oxnard Street presents an attractive multifamily investment opportunity in the San Fernando Valley. All potential improvements, ADU development, and additional income opportunities are subject to buyer's independent investigation, feasibility analysis, and applicable city approvals.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
14
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
12
Gross Scheduled Income
$267,339
Operating Expense
95760

Listing courtesy of Listing Agent: Akash Saini (Akash@thecommercialbroker.com) from Listing Office: Keller Williams Realty-Studio City.

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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.