13931 Oxnard Street

Van Nuys, CA 91401

$6,800,000
Last Sold Price
39
Beds
34
Baths
23,822 Sq. Ft.
$285 / Sq. Ft.
23,822
Sq. Ft.
$285
per Sq. Ft.

Description

Location! 31 Units centrally located in Van Nuys. Almost 15miles from LA, Investment opportunity to earn steady incomes, Tenants almost paid on time, Well maintained, Potential to be enough upside rent prices, , Earthquake reinforcement work done, 3 kinds of unit type, Close to freeway 101, 405, 170 and Orange Busway line, Due to 1031 exchange and moving to other, Seller wants sell WELL MAINTAINED units. There are Sherman Oaks park, market, restaurants close to 31 units.Location! 31 Units centrally located in Van Nuys. Almost 15miles from LA, Investment opportunity to earn steady incomes, Tenants almost paid on time, Well maintained, Potential to be enough upside rent prices, , Earthquake reinforcement work done, 3 kinds of unit type, Close to freeway 101, 405, 170 and Orange Busway line, Due to 1031 exchange and moving to other, Seller wants sell WELL MAINTAINED units. There are Sherman Oaks park, market, restaurants close to 31 units.
  1. Listed by Seok Soo Hong • DRE #02061960 • Brokerage DRE #01791559 • Redpoint Realty

Property Details for 13931 Oxnard Street

Zoning
LAR3
Parcel Number
2239016016
Total Units
31.0
Living Area
23822
Source Living Area
Other
Area
East Van Nuys
Vacancy Rate
0
Lot Size Area
42090

Location

Listing Courtesy of Redpoint Realty, Seok Soo Hong, DRE #02061960

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute
LISTING UPDATED: 08/13/2021 04:08 PM

Property Details for 13931 Oxnard Street

StatusSold
MLS #21-693012
Days on Market139
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.97 AC / 42,090 SF
CountyLos Angeles County

Location

Listing Courtesy of Redpoint Realty, Seok Soo Hong, DRE #02061960

Sold By Non-Participant Office, Subscriber Non, DRE #13252

Add your commute

Building Information for 13931 Oxnard Street

Stories4Residences-Year Built1965Building Size-Lot Size0.97 AC / 42,090 SF

Payment Calculator

$41,295 per month

30 year fixed, 7.25% Interest

Principal and Interest

$37,110

Property Taxes

$4,185

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 13931 Oxnard Street

Community / Development
Community / Development
  • Number Of Units: 31
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 4
  • Number Of Buildings: 3
  • Type Of Units: 31
  • View: Yes
  • View Description: Other
  • Security Features: Gated
Contract Info
Contract Info
  • Disclosures: As Is, Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $495,984
  • Net Operating Income: $382,811.00
  • Gross Income: $41,332
  • Cap Rate: 4.50%
  • Gross Rent Multiplier: $41,332.00
  • Actual Gross Annual Income: $495,984
  • Other Income1: $40,582.00
  • Laundry Income: $750
  • Actual Rent Total: $495,984.00
  • Owner Pays: Gas, Water, Other
  • Total Annual Expense: 113173.34
  • Water Expense: $41,946.00
  • Gas Expense: $5,419
  • Trash Expense: $8,928.00
  • Tax Expense: $27,577
  • Insurance Expense: $11,304
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.4832
  • Lot Size Square Feet: 42090
Parking Details
Parking Details
  • Parking Garage: Carport, Garage, Gated
  • Total Parking: 0
  • Parking Features: Carport, Garage, Gated
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 02-13-2021
  • Tenant Pays: Other
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,218.00
  • Unit Actual Rent: $28,026.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 23
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,592.00
  • Unit Actual Rent: $7,961.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 5
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,531.00
  • Unit Actual Rent: $4,595.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,301,536.00
  • Assessed Improvement Percent: 61.5
  • Assessed Land Value: $814,873.00
  • Assessed Land Percent: 38.5
  • Assessed Total Value: $2,116,409.00

Property History for 13931 Oxnard Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 13931 Oxnard Street

Taxable ValueLand$2,392,920Additions$1,595,280Total$3,988,200
Tax Record2023$50,224 ($4,185 / month)
Home Facts
Total Finished SqFt13,198 SqFtAbove Grade Finished SqFt13,198 SqFtLot Size21,050 SqFtStyleMulti-Family Res (5+ Units)Year Built1965ZoningLAR3CountyLOS ANGELESAPN2239-016-016

Schools near 13931 Oxnard Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Erwin Elementary School
PublicK to 5

Van Nuys Middle School
Public6 to 8

Van Nuys Senior High School
Public9 to 12

Ararat Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redpoint Realty, Seok Soo Hong, DRE #02061960

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.