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Key Details
Sold Price $4,550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 14811549
Sold Date 05/21/15
HOA Y/N No
Year Built 1961
Lot Size 0.643 Acres
Property Description
13807 Oxnard is a well-improved, 2-story, 25-unit building in the Valley Glen submarket of the San Fernando Valley. Built in 1961, the building possesses an exceptional unit mix of 1 (3+3) two-story townhome, 7 (2+2), 3 (2+1) and 14 (1+1) units. The building recently underwent an estimated $80,000 in renovations including a new roof and copper plumbing. 16 of the units feature new granite and tile kitchen and bathroom floors, new shower and baths, new granite counter tops, new stainless sinks, and fresh interior and exterior paint. Unit highlights include laminate hardwood floors, new carpet, and wall-mounted AC. This extremely well-maintained/improved asset is a great opportunity for an investor looking to purchase an asset with strong in place cash flow in an up-and-coming rental market with considerable rental upside potential.
Location
State CA
County Los Angeles
Area Vg - Valley Glen
Zoning LAR3
Interior
Flooring Carpet, Laminate, Wood
Fireplace No
Appliance Refrigerator
Laundry Common Area, Laundry Room
Exterior
Garage Covered
Pool Fenced, Filtered, In Ground
Utilities Available Cable Available
Parking Type Covered
Total Parking Spaces 25
Private Pool Yes
Building
Story 2
Others
Tax ID 2239022001
Special Listing Condition Standard
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Bought with Francis Gonzaga • National Equity Advisors,Inc.
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692