13833 Oxnard Street, Valley Glen, CA 91401 | MLS 14792171 | Listing Information | Real Living Pacific Realty | Real Living Real Estate
Real Living Pacific Realty
800-660-9140

13833 Oxnard Street,  Valley Glen CA, 91401

23,523 sqft
Status: Sold
MLS#: 14792171
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Real Living Pacific Realty
800-660-9140

Listing Provided Courtesy Of: Keller Williams Realty Los Fel
Last Updated: 12/6/2016 2:37 AM
Description for 13833 Oxnard Street Valley Glen, CA 91401
The Valley Glen Oasis is an extremely well-improved, 2-story, 24-unit building in the Valley Glen submarket of Los Angeles. Built in 1961, the building possesses an exceptional unit mix of 10 (3+2), 11 (2+2), 1 (2+1) and 2 (1+1) units. The building recently underwent a $1.7 million renovation to include a new state-of-the-art automated parking lift system which includes 20 car lifts (for a total of 44 parking spaces) and is housed by a brand new carport. Other renovations include security system with cameras and gate, new roof, new copper plumbing, energy efficient windows, tasteful landscaping, and new stonework. The building is eligible for future condominium conversion. 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.
Price
Sold Price:
$5,900,000
Sold Date:06/12/2015
Los Angeles
23,523 (approx)
14792171
Closed
Description
The Valley Glen Oasis is an extremely well-improved, 2-story, 24-unit building in the Valley Glen submarket of Los Angeles. Built in 1961, the building possesses an exceptional unit mix of 10 (3+2), 11 (2+2), 1 (2+1) and 2 (1+1) units. The building recently underwent a $1.7 million renovation to include a new state-of-the-art automated parking lift system which includes 20 car lifts (for a total of 44 parking spaces) and is housed by a brand new carport. Other renovations include security system with cameras and gate, new roof, new copper plumbing, energy efficient windows, tasteful landscaping, and new stonework. The building is eligible for future condominium conversion. 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.
Listing Information
Property Type: Cluster, Other
0.68 Acres 23,523 (approx) $250.82
1961
Cable TV
24 Total
Neighborhood
Room Information
Interior Features
Garbage Disposal, Refrigerator, Freezer, Dishwasher, Washer, Dryer
Card Entry,
Exterior / Lot Features
47 Parking Spaces, Covered
Pool
Child safety fence, Filtered
LAR3
Automatic Gate
Security Lighting
Driving Directions
Located on Oxnard St. in between Woodman Ave. and Hazeltine Ave. to the east/west and Victory Blvd. and Burbank Blvd. to the north/south. The property is about 2 miles north of the 101 Freeway and 2 miles east of the 405 Freeway.
Financial Considerations
2239022004
,$167,252
Listing Price History

Valley Glen Real Estate

Valley Glen is located in California. Valley Glen, California 91401 has a population of 85,553.

The median household income in Valley Glen, California 91401 is $44,494. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Valley Glen 91401 is 34.2 years.

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Courtesy: Keller Williams Realty Los Fel Matthew R. Kanner
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Information is deemed reliable but is not guaranteed.

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