13227 Oxnard Street, Van Nuys, California 91401
$1,295,000
- Property Type
- Residential Income
- Bedrooms
- 12
- Bathrooms
- 6
- Square Feet
- 5,184 sqft
- City
- Van Nuys
- Status
- Active
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.
About
Listed by Alex Galuz with Keller Williams Studio City
Quick Facts
MLS Property Type
Residential Income
Status
Active
MLS Number
26999715
Year Built
1953
Units
6
Lot Size
6,111 sq ft
Location
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Details
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