13227 Oxnard Street, Van Nuys, CA 91401 - Berkshire Hathaway HomeServices California Properties

888.995.7575

13227 Oxnard Street Van Nuys, CA 91401

$1,295,000 12 beds, 6 baths
5, 184 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26999715

List price is $1,295,000

Beds: 12

Baths: 6

Built in 1953

5,184 sqft

2 stories

0.14 acres

Lot size: 0.1403