12800 Oxnard Street

Description

Discover this outstanding investment opportunity in the heart of North Hollywood, the property features three spacious 2-bedroom, 2-bathroom homes. Each unit is thoughtfully designed with vaulted ceilings that create a sense of openness and light. The expansive living rooms offer ample space for entertainment, while the spacious kitchens feature dedicated dining areas. Every unit also boosts 2 ensuite bedrooms. Two of the units are currently rented, providing instant cash flow, while the third unit is vacant and ready for new occupants or can serve as an opportunity for immediate rental income. Strategically situated, this triplex is just minutes from major freeways, including the 101 and 170, ensuring seamless connectivity to downtown Los Angeles and the wider Southern California area. The property benefits from its proximity to key educational institutions such as Los Angeles Valley College. The vibrant NoHo Arts District is a short distance away, providing an eclectic mix of theaters, art galleries, and diverse dining options, making it a lively and culturally rich neighborhood. Entertainment enthusiasts will appreciate the close proximity to the attractions such as Hollywood and Universal Studios. Residents of this triplex will enjoy easy access to a variety of shopping and dining experiences, including North Hollywood Plaza and the bustling Magnolia Boulevard. The property is also well-served by public transportation, with major bus routes and the North Hollywood Metro Station nearby, enhancing convenience for tenants. This triplex offers a compelling investment opportunity in a sought-after area with strong rental demand and promising growth potential.

Listing information courtesy of: Renita Asatourian, Coldwell Banker Exclusive . *Based on information from the Association of REALTORS/Multiple Listing as of 11/14/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.