13227 Oxnard St, Van Nuys, CA 91401
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$ 1,295,000
Est. payment | /mo

12 Beds

6 Baths

5,184 SqFt


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$ 1,295,000
Est. payment | /mo
Save

12 Beds

6 Baths

5,184 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,184 sqft

Price per Sqft $249

MLS Listing ID 26999715

Bedrooms 12

Year Built 1953

Lot Size 6,111 Sqft

Acres 0.1403

Property Sub-Type Multi-Family

Property Description

Fantastic opportunity to purchase a well kept and managed 6 unit building in Prime Valley Glen at only $215,000 per unit and $250,000 per foot for six 2 bedroom units.This desirable Valley Glen neighborhood is one of San Fernando Valley's most convenient and established rental corridors. The property is a short walk from Los Angeles Valley College. creating a strong appeal fro students, faculty, and local professionals alike. Residents enjoy access to the 170 , 101, and 405 freeways for easy commuting. Valley Glen is home to 60,000 residents with a substantial rental population supporting multi family demand. The rental income has a lot of upside potential as the averge rent is only $1470 / these two bedrooms support rental income of $2,200Easy to manage and no downside risk in rents. Increase 3 % every year with confidence.

Location

State CA

County Los Angeles

Area Valley Glen

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment None

Exterior

Parking Features Carport

Garage Spaces 8.0

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Keller Williams Studio City

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13227 Oxnard St