$2,800,000
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.
SR26229248
MLS
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Active
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13101 Oxnard Street, Valley Glen
