14015 Oxnard Street, Van Nuys, CA 91401

$5,136,000
63
BD
52
BA
28,741
SqFt

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List Agent Filip Niculete () 818-212-2763 Marcus & Millichap; CoList () Courtesy of Selling Office: Marcus & Millichap, Filip Niculete - Selling Agent DRE# and Courtesy of Listing Office Marcus & Millichap, Filip Niculete - Agent DRE#

Sold Price
$5,136,000
List Price
$6,450,000
Closing Date
May 14, 2025
Status
CLOSED
MLS#
25494881
Year Built
1962
Bedrooms
63
Bathrooms
52
Living Sq. Ft
28,741
Lot Size
35,762
Days on Market
0
Property Type
Multifamily
Stories
Two Levels

Property Description

We are pleased to present for sale Oxnard Gardens, a 32-unit garden-style apartment community located at 14015 Oxnard Street in Van Nuys, California. This well-maintained property offers a prime value-add opportunity in one of the San Fernando Valley's strongest rental submarkets. Additionally, Oxnard Gardens features a desirable unit mix with significant income growth potential. Recent capital improvements include a brand-new roof, updated electrical subpanels, and the completed soft-story seismic retrofit, which reduces future maintenance costs for new ownership. The property's classic garden-style design enhances curb appeal, while gated access and on-site parking provide added convenience for residents. Strategically positioned in a high-demand rental market, the property benefits from its proximity to new construction, key employment hubs, shopping centers, and major transportation corridors, including the 405 and 101 Freeways. Van Nuys continues to experience strong rent growth, making this an attractive investment for those seeking long-term appreciation and income stability. With well-maintained common areas and room for interior upgrades, Oxnard Gardens presents an excellent opportunity for investors to increase rental income and capitalize on the continued demand for quality housing in the San Fernando Valley.

Additional Information

Pool Description
Community
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.