11344 Oxnard Street

North Hollywood, CA 91606

Adorable front duplex and rear home with detached garages in North Hollywood on Oxnard near Tujunga. Less than 1 mile from the new, 17 acre NoHo West development that features Trader Joes, Regal Cinemas, LA Fitness, Starbucks, ULTA, Nordstrom Rack coming soon, and many more. Featuring a 2Br + 2Ba rear home with private yard and 2 car garage; plus a duplex with a 2Br + 1Ba unit and a 1Br + 1Ba unit in front. The subject property has potential to convert the garages to an ADU and is situated on a large lot of 7,744 SF. This is an excellent property suitable for an owner-user or investor, and poised to appreciate long term. The back 2Br+2Ba house is 860 SF and has it's own gated backyard, and the 2 car garage is currently vacant. The front duplex is tenant occupied and the Buyer will inherit the tenants as the property is rent control. 15.4 GRM is based on current rents for the duplex and assumes $3,200/mo market rent for the back house. Recent upgrades include new main sewer line and newer hot water heaters.

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