NOT LISTED FOR SALE

13833 Oxnard St Van Nuys, CA 91401

55 Beds
45 Baths
23,523 Sq Ft
0.68 Acres

Last Sold June 12, 2015

Last sale price $5,900,000 $251 Per Sq Ft

183 Days on Market

Highlights

  • Filtered Pool
  • Automatic Gate
  • Card or Code Access
  • Ulysses S. Grant Senior High School Rated A-
  • 29,436 Sq Ft lot
  • Resident Manager or Management On Site

About This Home

As of June 2015

The Valley Glen Oasis is an extremely well-improved, 2-story, 24-unit building in the Valley Glen submarket of Los Angeles. Built in 1961, the building possesses an exceptional unit mix of 10 (3+2), 11 (2+2), 1 (2+1) and 2 (1+1) units. The building recently underwent a $1.7 million renovation to include a new state-of-the-art automated parking lift system which includes 20 car lifts (for a total of 44 parking spaces) and is housed by a brand new carport. Other renovations include security system with cameras and gate, new roof, new copper plumbing, energy efficient windows, tasteful landscaping, and new stonework. The building is eligible for future condominium conversion. This extremely well-maintained/improved asset is a great opportunity for an investor looking to purchase an asset with strong in place cash flow in an up-and-coming rental market with considerable rental upside potential.

Last Agent to Sell the Property

Matthew Kanner

Keller Williams Realty Los Feliz License #01349203 Listed on: 09/17/2014

Keller Williams Realty Los Feliz

Last Buyer's Agent

Michael Shokrian

Michael Isaac Shokrian License #01403171

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.68 Acre Lot

Interior Spaces

  • 23,523 Sq Ft Home
  • 2-Story Property
  • Security Lights

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 55 Bedrooms
  • 45 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 47 Parking Spaces
  • Covered Parking
  • Automatic Gate
  • Controlled Entrance

Pool

  • Filtered Pool
  • In Ground Pool
  • Fence Around Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2239-022-004

Community Details

Overview

  • 24 Units

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 23523
  • Stories: 2
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 55
  • Laundry: In Unit
  • Total Bathrooms: 45.00
  • Equipment: Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 262.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Fenced, Filtered
  • Pool: Yes
  • View: No

Garage/Parking

  • Parking Garage: Controlled Entrance, Covered Parking, Gated
  • Total Parking: 47

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central
  • Security: Automatic Gate, Card/Code Access, Exterior Security Lights, Resident Manager

Lot Info

  • Assessed Improvement Value: 2044080
  • Assessed Land Value: 1362720
  • Assessor Parcel Number: 2239-022-004
  • Geocode Override: No
  • Lot Size Area: 29436

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.59
  • Number Of Units: 24
  • Type Of Units: 1-3 bedroom

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

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2015 06/12/15 Sold $5,900,000 -12.6% $251 / Sq Ft
03/19/2015 03/19/15 Pending -- -- --
09/17/2014 09/17/14 For Sale $6,750,000 -- $287 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $87,159 $7,090,908 $4,254,546 $2,836,362
2024 $87,159 $6,951,872 $4,171,124 $2,780,748
2023 $85,504 $6,815,562 $4,089,338 $2,726,224
2022 $81,607 $6,681,924 $4,009,155 $2,672,769
2021 $80,537 $6,550,907 $3,930,545 $2,620,362
2020 $81,340 $6,485,862 $3,890,243 $2,595,619
2019 $78,172 $6,358,731 $3,813,964 $2,544,767
2018 $77,456 $6,234,093 $3,739,181 $2,494,912
2016 $73,864 $5,989,975 $3,593,985 $2,395,990
2015 $44,082 $3,490,642 $1,396,256 $2,094,386
2014 $44,363 $3,422,266 $1,368,906 $2,053,360
Source: Public Records

Agents Affiliated with this Home

  • Matthew Kanner

    Seller's Agent in 2015

    Matthew Kanner

    Keller Williams Realty Los Feliz

    (323) 300-1000

    2 in this area

    18 Total Sales

    Matthew Kanner
    Section Image

  • M

    Buyer's Agent in 2015

    Michael Shokrian

    Michael Isaac Shokrian

    (818) 380-3069

    2 in this area

    3 Total Sales

    Michael Shokrian
    Section Image
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Map

Source: The MLS

MLS Number: 14-792171

The MLS
California Los Angeles County Van Nuys 91401

13833 Oxnard St, Van Nuys, CA

Not Listed for Sale

MultiFamily

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