13822 Oxnard Street, Van Nuys, CA 91401
List Price: $2.88M
Listing Status: Active
0Days on Market: 0
16 Bedrooms · 16 Bathrooms · 7,180 sq ft
Property Type: ResidentialIncome
Year Built: 2020
Lot Size: 7,117 sq ft
MLS Number: 26900119
About This Property
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.
Listing provided by: Kaela Whelan DRE #01965737 310-437-7500 kaelalwhelan@gmail.com