NOT LISTED FOR SALE

Estimated Value: $850,038 - $976,000

5 Beds
4 Baths
2,358 Sq Ft
$386/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $890,000 $377 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,171/month

93 Days on Market

About This Home

As of July 2024

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

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 03/20/2024

Co-Listed By

Glen Scher

Marcus & Millichap License #01962976

Last Buyer's Agent

Alin Glogovicean

Redfin Corporation License #01327641

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 7,746 Sq Ft Lot

Parking

  • 6 Parking Spaces

Interior Spaces

  • 2,358 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2337-010-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

7,746 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2358
  • Lot Acreage: 0.1778
  • Stories: 1
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 377.44

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 43.24
  • Assessed Improvement Value: 118174
  • Assessed Land Percent: 56.76
  • Assessed Land Value: 155105
  • Total Assessed Value: 273279
  • Assessor Parcel Number: 2337-010-006
  • Lot Size Area: 7746

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 14.33
  • Number Of Units: 3
  • Type Of Units: Market

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jul 19, 2024
Sold by
Brinsley Catlan T
Bought by
Blansett Brent
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
Alin Glogovicean
Redfin Corporation
List Price
$995,000
Sold Price
$890,000
Premium/Discount to List
-$105,000
-10.55%
Views
116
Current Estimated Value
$909,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,260
Avg. Annual Appreciation
1.29%
Original Mortgage
$712,000
Outstanding Balance
$703,430
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$205,830

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jul 18, 2024
Sold by
Brinsley John H
Bought by
Brinsley Catlan T
Seller's Agent
Filip Niculete
Marcus & Millichap
Buyer's Agent
Alin Glogovicean
Redfin Corporation
List Price
$995,000
Sold Price
$890,000
Premium/Discount to List
-$105,000
-10.55%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Outstanding Balance
$703,430
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$205,830

Purchase Details

Closed on
Dec 9, 2022
Sold by
Eliza Thorne Living Trust and Brinsley Catlan T
Bought by
Brinsley Catlan T

Purchase Details

Closed on
Oct 8, 2003
Sold by
Thorne Eliza
Bought by
Thorne Eliza and Eliza Thorne Living Trust

Purchase Details

Closed on
Apr 13, 2000
Sold by
Taff A H
Bought by
Thorne Eliza

Purchase Details

Closed on
Aug 5, 1993
Sold by
Taff A H and Taff Leslie D
Bought by
Taff A H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

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
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blansett Brent $712,000
Previous Owner Taff A H $167,000
Source: Public Records

Property History

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
Source: The MLS

Tax History

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-371127

The MLS

APN: 2337-010-006

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