$5,136,000
SOLD MAY 14, 2025

14015 Oxnard St Van Nuys, CA 91401

63 Beds
52 Baths
28,741 Sq Ft
0.82 Acres

Recently Sold

$179 Per Sq Ft

20% Below List Price

41 Days on Market

Highlights

  • In Ground Pool
  • 0.82 Acre Lot
  • Laundry Facilities
  • Van Nuys High School Rated A

About This Home

As of May 2025

We are pleased to present for sale Oxnard Gardens, a 32-unit garden-style apartment community located at 14015 Oxnard Street in Van Nuys, California. This well-maintained property offers a prime value-add opportunity in one of the San Fernando Valley's strongest rental submarkets. Additionally, Oxnard Gardens features a desirable unit mix with significant income growth potential. Recent capital improvements include a brand-new roof, updated electrical subpanels, and the completed soft-story seismic retrofit, which reduces future maintenance costs for new ownership. The property's classic garden-style design enhances curb appeal, while gated access and on-site parking provide added convenience for residents. Strategically positioned in a high-demand rental market, the property benefits from its proximity to new construction, key employment hubs, shopping centers, and major transportation corridors, including the 405 and 101 Freeways. Van Nuys continues to experience strong rent growth, making this an attractive investment for those seeking long-term appreciation and income stability. With well-maintained common areas and room for interior upgrades, Oxnard Gardens presents an excellent opportunity for investors to increase rental income and capitalize on the continued demand for quality housing in the San Fernando Valley.

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 03/13/2025

Co-Listed By

Glen Scher

Marcus & Millichap License #01962976

Last Buyer's Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 03/13/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 100x357

Home Design

  • Flat Roof Shape

Interior Spaces

  • 28,741 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 63 Bedrooms
  • 52 Bathrooms

Parking

  • 32 Parking Spaces
  • 32 Covered Spaces
  • Covered Parking

Pool

  • In Ground Pool

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, pool service, gardener
  • Assessor Parcel Number 2239-015-011

Community Details

Recreation

  • Community Pool

Additional Features

  • 32 Units
  • Laundry Facilities
  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 28741
  • Lot Acreage: 0.8210
  • Lot Dimensions: 100x357
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 63
  • Laundry: Community
  • Total Bathrooms: 52.00
  • Price Per S Q F T: 224.42

Exterior Features

  • Other Structures: None
  • Pool Description: Community
  • Pool: Yes
  • Roof: Flat

Garage/Parking

  • Covered Parking: 32
  • Parking Garage: Covered Parking
  • Total Parking: 32

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 70.20
  • Assessed Improvement Value: 1383280
  • Assessed Land Percent: 29.8
  • Assessed Land Value: 587114
  • Total Assessed Value: 1970394
  • Assessor Parcel Number: 2239-015-011
  • Lot Size Area: 35762

Rental Info

  • Owner Pays: Water, Pool Service, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.58
  • Number Of Units: 32
  • Type Of Units: Market

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
05/14/2025 05/14/25 Sold $5,136,000 -20.4% $179 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $6,450,000 0.0% $224 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $6,450,000 -4.4% $224 / Sq Ft
02/05/2025 02/05/25 For Sale $6,750,000 -- $235 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25494881

The MLS