12-Unit Multifamily Apartment
13101 Oxnard St, Van Nuys, CA 91401
For Sale
$2,800,000
The property combines two- and three-bedroom residences on a corner parcel.
Property Size12,608 SF
Lot Size0.26 Acres
Price / SF$222.08
Days on Market19
Property Features for 13101 Oxnard St
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
Keller Williams Realty-Studio City
(818) 432-1500
Listed By:
Akash Saini · License #02010158
(916) 704-4184
Source:
Exprealty
Added: Oct 22
Changed: Nov 8
Last Checked: Nov 8 at 2:44PM
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 Realty-Studio City
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Investment Insights
Based on property information with market context.
Built in 1964, this 12-unit apartment property contains 12,608 square feet on an 11,500-square-foot lot. Its unit mix consists of six two-bedroom, two-bath apartments and six three-bedroom, two-bath apartments. The site occupies a corner in Van Nuys.
Key Highlights
- 12 apartments: six 2‑bedroom/2‑bath and six 3‑bedroom/2‑bath units
- 12,608 SF building on an 11,500 SF lot
- Constructed in 1964
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$202,873
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,057,460
$4.1M
Cap Rate 7%
$2,898,186
$2.9M
Cap Rate 9%
$2,254,144
$2.3M
Market Conditions
NOI Build-Up for 12,608 SF
Gross rent
$400.9K $31.80/SF
− Vacancy
−$32.1K −$2.54/SF
EGI
$368.9K $29.26/SF
− OpEx
−$166.0K −$13.17/SF
NOI
$202.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,057,460
Cap Rate 7%
$2,898,186
Cap Rate 9%
$2,254,144
Alternative Uses
Best Use
Apartment 5plus
$2.90M
$2.54M – $3.38M
NOI $202,873 @ 7.0% cap · market cap 7.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.75M
$5.91M – $7.88M
NOI $472,519 @ 7.0% cap · market cap 16.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
923
Businesses Nearby
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Business Placement
Demographics for 91401, CA
39,621
Population
15,785
Households
2.5
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
3.5 sq mi
ZIP Area
11,320
Density / Sq Mi
$75,933
Median Household Income
$40,119
Median Earnings
$1,800
Median Rent
$988,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Van Nuys, CA
Properties on Market for Apartment buildings in Van Nuys
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The property combines two- and three-bedroom residences on a corner parcel.
Where is this apartment building located?
The property is located at 13101 Oxnard St Van Nuys, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 12 apartments: six 2‑bedroom/2‑bath and six 3‑bedroom/2‑bath units; 12,608 SF building on an 11,500 SF lot; Constructed in 1964
