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$ 6,450,000
Est. payment | /mo
28,741 SqFt
$ 6,450,000
Est. payment | /mo
28,741 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 28,741 sqft
Price per Sqft $224
MLS Listing ID CL25494881
HOA Y/N No
Year Built 1962
Lot Size 0.821 Acres
Acres 0.82
Property Sub-Type Other
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 qu
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Laundry Community Facility
Building
New Construction No
Others
Tax ID 2239015011
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Listed by Filip Niculete • Marcus & Millichap