13059 Oxnard St - Apartments FOR SALE


Van Nuys, CA 91401
$3,675,000 USD
818-212-2762
13059 Oxnard St, Van Nuys, CA for Sale
$3,675,000 USD
Apartments - FOR SALE
1/6
null | 5.47% Cap Rate

13059 Oxnard St
Van Nuys, CA 91401


HIGHLIGHTS

  • First Time on Market in over 20 Years
  • New Roof | Seismic Completed
  • Value Add | Over 20% Upside in Rents

OVERVIEW

Marcus & Millichap is pleased to present a seventeen (17) unit apartment building located at 13059 Oxnard Street in Los Angeles, California. The subject property is located in a prime Valley Glen location, north of Victory Boulevard and east of Van Nuys Boulevard. Built in 1965, the property contains a fantastic unit mix of four (4) one bedroom / one-bathroom units, ten (10) two-bedroom / one and a half bathroom, one (1) three-bedroom / one and a half-bathroom unit, and two (2) studio units. A majority of the units were refurbished with new flooring and remodeled bathrooms and kitchens. Both the bathrooms and kitchens feature beautiful countertops, bright white cabinets and stainless steel appliances. The two and three bedroom units are very unique, as they are split-level units with the living room, kitchen, and a half bathroom on the first floor, and the bedrooms and a full bathroom on the second floor. Residents can take advantage of the property's onsite amenities, such as laundry facilities, parking for 15 cars, a courtyard swimming pool, and a quiet tree lined property. The subject property is situated in Valley Glen, one block south of Valley Glen Community Park. Valley Glen is a dynamic and diverse family-friendly portion of the San Fernando Valley that offers plenty of fun activities, good local food, great parks, and nice well kept buildings.

FOR SALE DETAILS

PRICE

$3,675,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

17

PRICE/UNIT

$216,176

CAP RATE

5.47%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,602 SF

ZONING

R3-1, Los Angeles

APN/PARCEL ID

2331-023-004

ASK ABOUT THIS PROPERTY

Stuart FaganMarcus & MillichapMore Info
818-212-2762

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Stuart FaganMarcus & MillichapMore Info
818-212-2762

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.