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$1,450,000
Est. payment /mo
6 Beds
4 Baths
2,622 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,622 sqft
Price per Sqft $553
MLS Listing ID 25577093
Bedrooms 6
HOA Y/N No
Year Built 1952
Lot Size 7,043 Sqft
Property Description
We are pleased to present a rare investment opportunity at 11334 Oxnard Street, a stabilized four-unit property in the heart of North Hollywood. The site includes three existing residential units, two 1 bedroom units and one 2 bedroom unit all occupied by reliable, long-term tenants, plus a newly constructed 2-bedroom, 1-bath ADU, completed in 2025. The ADU features approximately 740 square feet of high-end living space with modern finishes ideal for owner-users or additional rental income. Significant upgrades have been made to the entire property, including a new electrical panel serving all units and fully paid-off solar panels, reducing long-term operating costs. The property also includes six dedicated on-site parking spaces, providing an added convenience for tenants and increasing overall appeal in this competitive rental market. With a strong unit mix, updated infrastructure, and excellent in-place income, the asset is well positioned for stable cash flow and long-term value. The total building size is approximately 2,622 square feet, delivering an efficient footprint with desirable unit layouts. The property sits on a 7,043 SF lot, zoned RD2-1 with a Low Medium II Residential land use designation. Located within a Tier 1 Transit Oriented Communities (TOC) zone and a High Quality Transit Corridor, the site offers future development flexibility, including density bonuses and reduced parking requirements. Situated just off Tujunga Avenue and near major corridors like Lankershim and Laurel Canyon Boulevards, the property benefits from excellent walkability and proximity to studios, retail, restaurants, and Metro transit lines making this a highly desirable pocket for both residents and investors.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning RD2-1
Interior
Heating Central, Forced Air
Cooling Central Air
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Exterior
Parking Features Assigned, Driveway
Pool None
View Y/N Yes
View City Lights
Total Parking Spaces 6
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2337010008
Special Listing Condition Standard
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Listed by Jordan Petito Keller Williams Beverly Hills
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