12828 Oxnard St

North Hollywood

 

$2,990,000

 
 
 
 

14

UNITS

$213,571

PRICE/UNIT

$240

PRICE/SQ FT

3.60%

CAP

15.73

GRM

7.44%

PRO FORMA CAP

9.59

PRO FORMA GRM
 

LAAA is proud to present 14 units located at 12828 Oxnard Street in North Hollywood, California. Built in 1958, the offering consists of 6- 1 bedroom/1 bathroom, 6- 2 bedroom/1 bathroom and 2- 2 bedroom/1.75 bathroom units. The offering features a private swimming pool, on-site laundry room, controlled alley access for tenants and is separately metered for electricity and gas. With rents over 65% below market, the property offers a savvy investor the opportunity to take advantage of the upside and raise rents to market. In addition, a large looming expense has been resolved as the property's seismic retrofit work has been completed. In a great central location, the offering is proximate to major freeways, The NoHo Arts District, and all the dining and entertainment that North Hollywood has to offer.

 
 
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Arash Memary

Associate

O: (818) 212-2808

M: (818) 357-9525

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