14015 Oxnard Street

Van Nuys, CA 91401

$6,750,000

List Price

63

bed Beds

52

shower Baths

28,741 sqft

straighten / sqft

1962

calendar_month Built

Property Description

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.

Listing Information

List Price $6,750,000
Status Active
MLS 25494881
Type Residential Income
Year Built 1962
Lot Size 35,762
Structure Size 28,741
Courtesy Of Marcus & Millichap
Listing Agent Filip Niculete DRE#01905352
Co-Listing Agent Glen Scher DRE#01962976

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 63
Total Bathroom
Bathrooms 52

Exterior Information

Maps

Listing information courtesy of: Filip Niculete, Glen Scher, Marcus & Millichap 818-212-2817. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 5th, 2025 at 11:27 PM 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.