Corner-Lot
For Sale
$975,000
11202 Oxnard St, North Hollywood, CA 91606
Residential Income, North Hollywood, CA
Property Size1,725 SF
Lot Size0.16 Acres
Price / SF$565.22
Days on Market166
Property Features for 11202 Oxnard St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LARD2
Bedrooms
4
Bathrooms
2
Full bathrooms
1
Rooms
Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2
Parking features
Garage
Directions
North of Burbank Blvd, South of Victory Blvd, West of Vineland Ave, East of Tujunga Ave
Subdivision
North Hollywood
Standard status
Active
APN
2337-011-020
Size
1,725 SF
Lot size
0.16 Acres
Building Details
Year built
1950
Floors in Building
1
Number of units
2
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
(310) 432-6400
Listed By:
Daniel Shamooelian · License #01984269
(310) 651-1800
Added: Mar 17
Changed: Aug 19
Last Checked: Aug 29 at 11:06AM
MLS# 26665193
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property currently contains a tenant-occupied duplex built in 1950, with 1,725 square feet of existing building area and garage parking. It occupies a flat corner lot measuring 7,065 SF, or 0.1623 acres.
Approved RTI plans provide for conversion of the existing improvements into a five-unit project consisting of a three-story triplex and two detached ADUs. The proposed 8,174-square-foot configuration includes two 2-bedroom/2-bath units, one 3-bedroom/3-bath unit, and two 4-bedroom/3-bath units. Plans, reports, and related development materials are available upon request.
The property is approximately one mile from the NOHO Arts District and NOHO West Shopping Complex, with nearby dining, shopping, entertainment, and transportation options identified in the listing information.
Approved RTI plans provide for conversion of the existing improvements into a five-unit project consisting of a three-story triplex and two detached ADUs. The proposed 8,174-square-foot configuration includes two 2-bedroom/2-bath units, one 3-bedroom/3-bath unit, and two 4-bedroom/3-bath units. Plans, reports, and related development materials are available upon request.
The property is approximately one mile from the NOHO Arts District and NOHO West Shopping Complex, with nearby dining, shopping, entertainment, and transportation options identified in the listing information.
Key Highlights
- Approved RTI plans for a five‑unit project with a three‑story triplex and two detached ADUs
- Proposed unit mix includes two 2‑bedroom/2‑bath, one 3‑bedroom/3‑bath, and two 4‑bedroom/3‑bath units
- Proposed project totals 8,174 sqft
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,125
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $30,125 @ 7.0% cap · market cap 3.09%
Second Best
Apartment 5plus
$396.5K
$347.0K – $462.6K
NOI $27,757 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$923.6K
$808.1K – $1.08M
NOI $64,649 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,872
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex 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 $975,000.
What are key features of this property?
This property features: Approved RTI plans for a five‑unit project with a three‑story triplex and two detached ADUs; Proposed unit mix includes two 2‑bedroom/2‑bath, one 3‑bedroom/3‑bath, and two 4‑bedroom/3‑bath units; Proposed project totals 8,174 sqft
