The 2-4 Unit Specialists are pleased to present 12248 Oxnard St, an incredibly rare, fully VACANT triplex (1 SFR + 1 duplex) located in the heart of Valley Glen, one of LA’s most dynamic and in-demand neighborhoods. This is a standout opportunity for both owner-occupiers and investors—offering classic charm, rental upside, and future development potential on an oversized 6,281 SF LARD3 lot.
The unit mix includes two 1-bedroom/1-bath units and one 2-bedroom/1-bath single-family home, all delivered 100% vacant at close. The entire property is fully gated, with an automatic driveway gate, providing privacy and security. The front home is ideal for an owner-user, while the rear duplex offers strong rental income
potential. There’s a large detached garage and five on-site parking spaces, giving you excellent ADU conversion potential and valuable off-street parking.
With a projected 6.09% cap rate, low-maintenance landscaping, and a competitive $1,149,000 price point ($522.75 per square foot), this well-maintained property is an easy-to-own investment with immediate upside.
Whether you're looking to live in one unit and lease the rest, renovate and rent at market rates, or add an ADU to boost future income, 12248 Oxnard St offers unmatched flexibility and long-term value.
Located within walking distance to Trader Joe’s and just minutes from local favorites like Republic of Pie, Idle Hour, and The Front Yard, with quick access to major freeways, Studio City, NoHo West, and the Lankershim Arts District, this location is perfectly positioned to attract quality tenants and enjoy ongoing appreciation.
Don’t miss this rare blend of character, cash flow, and potential in one of the Valley’s most desirable submarkets.