12921 Oxnard St, Van Nuys, CA 91401
- $2,200,000
- 16
- BD
- 14
- BA
- 8,139
- SqFt
- List Price
- $2,200,000
- MLS#
- 26850379
- Year Built
- 1957
- Bedrooms
- 16
- Bathrooms
- 14
- Living Sq. Ft
- 8,139
- Lot Size
- 9,297
- Days on Market
- 38
- Property Type
- Multifamily
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.
Additional Information
- Other Buildings
- None
- Heat
- None
- Cooling
- Air Conditioning
- Number of Cars in Garage
- None
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Courtesy of Marcus & Millichap, Jeffrey Louks - CA DRE#00908473
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