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Duplex with RTI Plans
For Sale
$925,000

11202 Oxnard St, North Hollywood, CA 91606

Tenant-occupied duplex on a corner lot with approved plans for a five-unit residential development.

Property Size1,725 SF
Lot Size0.16 Acres
Price / SF$536.23
Days on Market50

Property Features for 11202 Oxnard St

General Information

Standard status Active
Size 1,725 SF
Lot size 0.16 Acres
Property subtype Multi-Family
Zoning RD2

Additional Details

Road Access Yes
Multifamily Units 2

Building Details

Year Built 1950
Listing Agency: Keller Williams Beverly Hills
Listed By: Daniel Shamooelian · License #01984269
Source: Landonrealtygroup
Added: Aug 28 Changed: Oct 10 Last Checked: Oct 7 at 3:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Beverly Hills

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Investment Insights

Based on property information with market context.

The property currently comprises a tenant-occupied duplex built in 1950, with 1,725 square feet on a flat 7,065-square-foot corner lot. The site is zoned RD2 and includes approved RTI plans for a new three-story triplex accompanied by two detached ADUs. The proposed five-unit configuration totals 8,174 square feet and includes two 2-bedroom/2-bath units, one 3-bedroom/3-bath unit, and two 4-bedroom/3-bath units.

The property is approximately one mile from the NOHO Arts District and NOHO West Shopping Complex, placing dining, retail, entertainment, and transportation options within the surrounding area. RTI plans are available for review, along with property reports and additional project details.

Key Highlights

  • Approved RTI plans for a three‑story triplex plus two detached ADUs
  • Proposed five‑unit project totaling 8,174 square feet
  • Unit mix includes two 2‑bedroom/2‑bath, one 3‑bedroom/3‑bath, and two 4‑bedroom/3‑bath units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,125
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,500 $602.5K
Cap Rate 7%
$430,357 $430.4K
Cap Rate 9%
$334,722 $334.7K
Market Conditions
NOI Build-Up for 1,725 SF
Gross rent
$46.6K $27.00/SF
− Vacancy
−$3.5K −$2.05/SF
EGI
$43.0K $24.95/SF
− OpEx
−$12.9K −$7.48/SF
NOI
$30.1K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,500
Cap Rate 7%
$430,357
Cap Rate 9%
$334,722

Alternative Uses

Best Use
Multifamily LT 5
$430.4K
$376.6K – $502.1K (±1% cap)
NOI $30,125 @ 7.0% cap · market cap 3.26%
Second Best
Apartment 5plus
$396.5K
$347.0K – $462.6K (±1% cap)
NOI $27,757 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$923.6K
$808.1K – $1.08M (±1% cap)
NOI $64,649 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm Acupuncture (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,872
Businesses Nearby

Demographics for 91606, CA

43,955
Population
16,563
Households
2.7
Avg Household Size
38
Median Age
27%
College-Educated
78%
High-School Grad
3.3 sq mi
ZIP Area
13,320
Density / Sq Mi
$66,884
Median Household Income
$36,497
Median Earnings
$1,744
Median Rent
$801,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied duplex on a corner lot with approved plans for a five-unit residential development.
Where is this duplex located?
The property is located at 11202 Oxnard St North Hollywood, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Approved RTI plans for a three‑story triplex plus two detached ADUs; Proposed five‑unit project totaling 8,174 square feet; Unit mix includes two 2‑bedroom/2‑bath, one 3‑bedroom/3‑bath, and two 4‑bedroom/3‑bath units
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