12850 Oxnard St. is a rare opportunity to own a premier investment in a solid rental “pocket.” A generational asset, which has been in the current owner’s family for almost 50 years, has been meticulously maintained and managed, creating an efficient operation of exemplary collections and effective expenditures for maintenance. The neighborhood is stellar, a Valley Glen locale, contributing an abundant rental pool of available tenants. The six (6) unit building provides a preferred mix of spacious well- appointed living areas, with (two) 2 bedroom -2 bathrooms and (four) 2 bedroom- 1 bathroom apartments. The units have ample closet and storage space, large living rooms, separate private entrances, a separate laundry room with machines owned by the building, and a tranquil courtyard, leading to a covered carport, with a parking space for each unit. The second- floor apartments have comfortable balconies. 12850 Oxnard St. is a solid investment, with a tenant history of prompt payments, providing high collections, even in the challenging recent Covid Rental Market. The brand-new roof for the main structure, copper plumbing, completed required balcony reinforcement, no mandated soft story seismic requirements, extra exterior security lighting, and the existence of a Home Protection P
MLS #
CRSR24004710
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.25
Garage/Parking
Carport, Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
12850 Oxnard St is a Residential Income in North Hollywood, CA 91606. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1958.
This address can also be written as 12850 Oxnard St, North Hollywood, CA 91606.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of February 24, 2024. For the most current information, please contact Richard Karzen