13822 Oxnard Street, Van Nuys, CA 91401

$2,875,000
16
BD
16
BA
7,180
SqFt

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List Agent Kaela Whelan () 310-526-1259 Compass; CoList ()

List Price
$2,875,000
Status
ACTIVE
MLS#
26900119
Year Built
2020
Bedrooms
16
Bathrooms
16
Living Sq. Ft
7,180
Lot Size
7,117
Days on Market
15
Property Type
Multifamily
Stories
Multi Level

Property Description

Four substantial residences. Eight garage parking spaces. Private yards. Modern construction. Strong income. A truly differentiated Valley Glen investment built for long-term ownership. A rare opportunity to acquire a turnkey, newer-construction four-unit property offering the space, privacy, and functionality of individual homes with the income and efficiency of a multifamily investment.Ideally positioned on a prominent corner lot in Valley Glen and backing to a quiet residential neighborhood, the property features four expansive townhome-style residences, each offering 4 bedrooms, 4 bathrooms, a private yard, attached two-car garage, two balconies, and in-unit laundry.Designed with today's renter in mind, each residence features an open-concept living and dining area, modern kitchen with thoughtfully selected finishes, generously sized bedrooms, abundant closet and storage space, and a highly functional floor plan that lives more like a single-family home than a traditional apartment.The combination of large four-bedroom layouts, private outdoor space, direct-access garages, and modern construction creates an exceptionally compelling rental product in a market where comparable offerings are difficult to replicate.Currently generating strong, stable income at an attractive 6.1% cap rate, the property offers investors immediate cash flow with the long-term appeal of a high-quality asset in one of the Valley's most desirable residential rental pockets. One residence may also be delivered vacant at the buyer's request, creating a unique opportunity for an owner-user, multigenerational buyer, or investor seeking additional leasing flexibility.

Additional Information

Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Heat
Central
Cooling
Yes
Cooling Description
Central Air

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Calculator source: Real Geeks

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.