10550 Oxnard Street, North Hollywood, California 91606, North Hollywood, 91606 - 3 bed, 3 bath
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North Hollywood, California 91606
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,190,000—positioned slightly above the $1,176,571 Fair Market Value. While priced at market, the property offers significant upside through its 3-car garage conversion potential and additional 1-bed/1-bath expansion space. With a Good Condition Rating and recent interior updates, this property provides immediate rental stability. Located near the NoHo Arts District, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage "house hacking" strategies in a high-demand neighborhood.
Property is move-in ready.
Although built in 1943, the property is well-maintained with two of the three units having recently undergone complete updates including new laminate flooring, recessed lighting, and modern laundry appliances. The interior appears move-in ready and functional, though the kitchen cabinetry in the photos shows some age, placing it firmly in the 'Good' category rather than 'Excellent'.
The property features a 3-car garage with potential for a 3-bed/2-bath conversion and space for an additional 1-bed/1-bath expansion, offering substantial upside for rental income and equity growth.
Two of the three units have been recently renovated with modern laminate flooring, recessed lighting, and new doors, reducing immediate capital expenditure for the buyer.
Situated between Toluca Lake and the NoHo Arts District, the property is in a highly desirable neighborhood that ensures strong tenant demand and long-term appreciation.
All units are currently tenant-occupied, which may present challenges for an owner-user looking to move in immediately or for investors seeking to quickly adjust all units to market-rate rents.
Built in 1943, the property may have aging core systems such as plumbing or electrical that could require maintenance or upgrades beyond the recent cosmetic renovations.
This charming triplex property is very good investment Opportunity in North Hollywood area. Close to NoHo District, Toluca Lake, in convenient location not far from the Burbank & Universal Studious between Toluca Lake and the NoHo Arts District. This property offers total of 3 1-bed, 1-bath units, making it a great opportunity for living in one unit while renting out the others. Currently all units are tenant occupied. Two out of the three units have recently undergone complete updates, including laminate flooring, recessed lighting, and new doors. Additionally, 2 units are equipped with their own washer/dryer combo. Furthermore, the property features extra 3-car garage that has the potential for an additional 3-bed, 2-bath unit to be built. 3rd unit has a space for an extra 1bedroom/1bath addition. One of the highlights of the property is the outdoor seating area providing a perfect setting for entertainment. There is also a BBQ area to enjoy during the summer. Overall, this property offers a wonderful living experience in North Hollywood's highly desirable neighborhood.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,942 | 3,700 |
| Lot Size | 7,254 | 16,477 |
| Price | $1.19M | $1.09M |
| Price per sq ft | $613 | $419 |
| Built year | 1943 | 1939 |
| HOA | $0 | $0 |
| Days on market | 0 | 103 |
Jun 8, 2026
$1,189,999
Initial Listing
Jun 20, 2019
$759,000
Public Record
Mar 29, 2002
$259,000
Public Record
May 5, 1999
$175,000
Public Record