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Listed by Akash Saini, DRE #02010158 • Keller Williams Realty-Studio City
$ 2,800,000
Est. payment | /mo
0.26 Acres Lot
$ 2,800,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26229248
Year Built 1964
Lot Size 0.264 Acres
Source California Regional MLS
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,
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Interior
Cooling Window / Wall Unit
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Garage Spaces 16.0
Pool None
Building
Water District - Public
Others
Tax ID 2331031026
Special Listing Condition Not Applicable
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