12800 Oxnard Street Pending

North Hollywood (los Angeles),CA 91606

$ 1250000

2 Beds

0 Bath

3240 SqFt


Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Pending

Purchase Type For Sale

Square Footage 3,240 sqft

Price per Sqft $385

MLS Listing ID CL24473743

Bedrooms 2

HOA Y/N No

Year Built 1959

Lot Size 7,133 Sqft

Acres 0.16

Property Sub-Type OTHER

Property Description

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 ideall

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplace No

Exterior

Total Parking Spaces 3

Building

New Construction No

Others

Tax ID 2341006013

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