12811 Oxnard Street, North Hollywood, California 91606, North Hollywood, 91606 - 4 bed, 3 bath
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North Hollywood, California 91606
This Well-Maintained Income Asset is a Strong Value Opportunity for those looking to capitalize on the North Hollywood rental market. Listed at $1,150,000, the property is positioned near its $1,085,515 Fair Market Value. Featuring a Condition Rating of 3, the triplex offers a renovated vacant unit and a detached garage with significant ADU Conversion Potential for forced appreciation. Its location near North Hollywood Senior High (Rating 8) and the NoHo Arts District ensures high tenant demand. This property is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12811 Oxnard Street Subject | $1,150,000* List Price | 4 | 3 | 2,266 | $479 | - |
A 12806 Oxnard Street Active | $1,299,000 List Price | 0 | 0 | 3,148 | $413 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1954, the property is well-maintained and features a recently renovated vacant unit. The kitchen is updated with modern white shaker-style cabinetry, stone countertops, and stainless steel appliances. The interior boasts updated laminate flooring, recessed lighting, and modernized bathroom fixtures, making it move-in ready without the need for immediate major repairs.
The vacant rear garage offers a significant value-add opportunity to be converted into a fourth unit, which would substantially increase the property's gross rental income and long-term valuation.
With a vacant 2-bedroom unit ready for immediate occupancy, this property is ideal for an owner-occupant looking to 'house-hack' by living in one unit while the two occupied units provide steady cash flow.
The property's proximity to the NoHo Arts District, major freeways, and public transportation ensures high tenant demand and excellent accessibility to key employment hubs in Studio City and Valley Village.
Built in 1954, the property may require capital expenditures for modernizing major systems or cosmetic updates to remain competitive and command top-of-market rents.
As a multi-unit property in Los Angeles, the two tenant-occupied units may be subject to local rent stabilization ordinances, which could limit a new owner's ability to immediately adjust rents to current market rates.
Located in the heart of North Hollywood, this charming and well-maintained triplex offers an outstanding opportunity for both investors and owner-occupants. The property features three units, including a vacant 2-bedroom, 1-bath unit, along with two 1-bedroom, 1-bath units that are currently tenant-occupied, providing steady income to help offset the mortgage. The vacant garage in the back might qualify to be converted into another unit, greatly increasing the stream of income. Ideally situated near major freeways and public transportation, the property offers easy access to the NoHo Arts District, Studio City, and Valley Village. With its prime location and strong investment potential, this triplex combines comfort, convenience, and long-term value. Also listed as Residential Income in MLS P1-25868.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 60% |
| Baths | 3.0 | 0.0 | 80% |
| Square foot | 2,266 | 2,266 | 50% |
| Lot Size | 6,120 | 7,500 | 20% |
| Price | $1.15M | $1.10M | 60% |
| Price per sq ft | $508 | $374 | 80% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 169 | 20% |
Apr 6, 2026
$1,150,000
$1,200,000
-4% Price Drop
Initial Listing
Feb 19, 2026
$1,200,000
Initial Listing