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11848 Oxnard St
North Hollywood CA 91606 US

$3,100,000

Pending Listing ID 23-319587
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16 bed
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Lot: 0.43 Acres
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Other

$3,100,000

Pending Listing ID 23-319587
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11848 Oxnard St A huge combined corner lot of 18, 950 SF and total building SF of 10, 132 comprised of 3 income buildings in the burgeoning North Hollywood/Valley Village area! This offering comprises two adjacent properties, 11848 Oxnard St in North Hollywood and 5991 Carpenter St in Valley Village, creating a combined portfolio of 14 units and 17 parking spaces, and must be sold together. 11848 Oxnard St., North Hollywood features two separate buildings, each with its own charm and functionality. The front building consists of (2) 2-bedroom, 1-bathroom units and (2) 1-bedroom, 1-bathroom units, while the rear building houses (2) 2-bedroom, 1-bathroom units. For added convenience, the rear building includes six ground-level parking garages, ensuring secure and ample parking and storage for tenants. 5991 Carpenter St., Valley Village is adjacent to 11848 Oxnard St., and consists of a 2-story building constructed in 1957. This building encompasses eight 1-bedroom, 1-bathroom units, each featuring its own private balcony or patio, providing tenants with a comfortable outdoor space to enjoy, along with 11 surface parking spaces. This property package offers an excellent opportunity for investors looking to expand their portfolio in the highly sought-after North Hollywood and Valley Village areas and gain a stable and potentially lucrative investment. With a substantial upside in rental income and 14 well-maintained units, this property presents significant potential for rental income growth, with estimated rent increases of approximately 40%.

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Property Features

  • Facts
  • Lot Size: 0.43 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Floor Covering: Carpet, Laminate, Linoleum, Tile, Wood

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 3100000
  • unparsedaddress: 11848 Oxnard St
  • postalcity: North Hollywood
  • stateorprovince: CA
  • country: US
  • postalcode: 91606
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.4342
  • lotsizeunits: Acres
  • lotsizearea: 0.4342
  • livingarea: 10132
  • livingareaunits: Square Feet
  • latitude: 34.179153
  • longitude: -118.391651
  • listagentfullname: Laura Klein
  • listagentemail: Laura@KleinListings.com
  • listagentkey: 3yd-CLAWCA-C132032
  • listagentmlsid: C132032
  • listagentpreferredphone: 3104597765
  • listagentofficephone: 3104597765
  • listofficekey: 3yd-CLAWCA-X82499
  • listofficemlsid: X82499
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1954
  • listingcontractdate: 2023-10-09
  • listagenturl: https://kleinlistings.com/
  • countyorparish: Los Angeles
  • parcelnumber: 2339-014-001
  • appliances: Range
  • flooring: Carpet, Laminate, Linoleum, Tile, Wood
  • numberofunitstotal: 14
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 17
  • parkingfeatures: Assigned, Garage
  • waterfrontyn: False
  • architecturalstyle: New Traditional
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.391651, 34.179153
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Listing Changed: 3/26/2024 1:12:56 PM GMT
Source Updated Date: 4/27/2024 6:43:39 AM GMT

Courtesy of: Laura Klein, KRE + Associates, Laura@KleinListings.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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