12248 Oxnard St - Apartments FOR SALE


North Hollywood, CA 91606
$1,149,000 USD
213-302-8662
12248 Oxnard St, North Hollywood, CA for Sale
$1,149,000 USD
Apartments - FOR SALE
1/42
null | 6.09% Cap Rate

12248 Oxnard St
North Hollywood, CA 91606


HIGHLIGHTS

  • All three units delivered VACANT at close (VERY RARE!). Perfect for an owneruser or to lease immediately at market rents!
  • Located in highly desirable Valley Glen, just minutes from Trader Joe’s, Studio City, and NoHo West, with easy freeway access.
  • Strong projected 6.09% cap rate, an excellent return with room to grow!
  • Incredible value-add potential: detached garage offers prime opportunity for ADU conversion to significantly increase income.
  • Situated on a 6,281 SF LARD3 lot, allowing for future development upside.
  • Fully gated property with an automatic driveway gate, offering privacy, security, and curb appeal.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,149,000 USD

PRICE/SF

$522 USD /SF

# OF UNITS

3

PRICE/UNIT

$383,000

CAP RATE

6.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Value Add Triplex in Trendy Valley Glen!

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,281 SF

ZONING

LARD3

APN/PARCEL ID

2340-003-016

ASK ABOUT THIS PROPERTY

Lauren CearleyMyunits.com IncMore Info
213-302-8662

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Lauren CearleyMyunits.com IncMore Info
213-302-8662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.