Seller's Agent in 2024
Filip Niculete
Marcus & Millichap
(818) 357-9525
11 in this area
103 Total Sales
Estimated Value: $850,038 - $976,000
We are pleased to introduce 11344 Oxnard Street, a 3-unit value-add investment opportunity in North Hollywood, CA. Constructed in 1927, this rent-controlled property sits on a 7,744 square feet lot (0.18 acres), with a gross building area of 2,358 square feet. There's nearly 44% upside potential over current gross rents, and the buyer could add more value by converting the garages into an ADU.The property's three units are split into a duplex at the front of the lot, and a separate house at the rear. The front duplex includes a 2 bed / 1 bath unit of approximately 750 square feet, and a 1 bed / 1 bath unit of about 550 square feet. The separate house at the back is the most desirable unit at the property. That 2 bed / 2 bath house has approximately 850 square feet, and it also contains in-unit laundry facilities, adding to tenant convenience. The seller has recently made capital improvements such as replacing water heaters in all units and overhauling the water main in October 2022. The property offers ample parking with two spots in the middle of the lot, and two additional 1-car garages at the back of the lot where there's additional space in front of the garages for an extra tandem space. The property's proximity to NoHo West offers potential residents access to amenities like Trader Joe's, Regal Cinemas, LA Fitness, Starbucks, ULTA, and the upcoming Nordstrom Rack, among others.
Last Agent to Sell the Property
Marcus & Millichap License #01905352 Listed on: 03/20/2024
Last Buyer's Agent
Alin Glogovicean
Redfin Corporation License #01327641
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blansett Brent | $890,000 | Old Republic Title Company | |
| Brinsley Catlan T | -- | Old Republic Title Company | |
| Brinsley Catlan T | -- | Old Republic Title Company | |
| Thorne Eliza | -- | -- | |
| Thorne Eliza | $185,000 | First American Title Co | |
| Taff A H | -- | Old Republic Title Company |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blansett Brent | $712,000 | |
| Previous Owner | Taff A H | $167,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2024 07/24/24 | Sold | $890,000 | 0.0% | $377 / Sq Ft |
| 06/21/2024 06/21/24 | Pending | -- | -- | -- |
| 06/18/2024 06/18/24 | Price Changed | $890,000 | -3.8% | $377 / Sq Ft |
| 05/03/2024 05/03/24 | Price Changed | $925,000 | -3.6% | $392 / Sq Ft |
| 04/08/2024 04/08/24 | Price Changed | $960,000 | -3.5% | $407 / Sq Ft |
| 03/20/2024 03/20/24 | For Sale | $995,000 | -- | $422 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,761 | $890,000 | $700,000 | $190,000 |
| 2024 | $3,761 | $278,744 | $158,207 | $120,537 |
| 2023 | $3,695 | $273,279 | $155,105 | $118,174 |
| 2022 | $3,533 | $267,921 | $152,064 | $115,857 |
| 2021 | $3,479 | $262,669 | $149,083 | $113,586 |
| 2020 | $3,509 | $259,977 | $147,555 | $112,422 |
| 2019 | $3,382 | $254,880 | $144,662 | $110,218 |
| 2018 | $3,291 | $249,883 | $141,826 | $108,057 |
| 2016 | $3,126 | $240,182 | $136,320 | $103,862 |
| 2015 | $3,083 | $236,575 | $134,273 | $102,302 |
| 2014 | $3,114 | $231,942 | $131,643 | $100,299 |
Seller's Agent in 2024
Filip Niculete
Marcus & Millichap
(818) 357-9525
11 in this area
103 Total Sales
Seller Co-Listing Agent in 2024
Glen Scher
Marcus & Millichap
(818) 212-2700
8 in this area
53 Total Sales
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Buyer's Agent in 2024
Alin Glogovicean
Redfin Corporation
Source: The MLS
MLS Number: 24-371127
APN: 2337-010-006
Ask me questions while you tour the home.