Los Angeles, CA 90005,823 S Oxford Ave
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Los Angeles, CA 90005,823 S Oxford Ave
Los Angeles, CA 90005,823 S Oxford Ave
Los Angeles, CA 90005,823 S Oxford Ave
Los Angeles, CA 90005,823 S Oxford Ave
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$ 3,750,000
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Price Dropped by $249K

823 S Oxford Ave Los Angeles, CA 90005

8 Beds

16 Baths

10,139 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,139 sqft

Price per Sqft $369

MLS Listing ID 25503837

Bedrooms 8

Year Built 1950

Lot Size 0.268 Acres

Acres 0.2683

Property Sub-Type Multi-Family

Property Description

Welcome to 823 S Oxford Ave, a well-maintained 16-unit multifamily property in the heart of Koreatown, one of Los Angeles' most dynamic and rapidly growing neighborhoods. This gated building features private access, seven designated parking spaces, and a storage unit. With an attractive unit mix of eight 1-bed/1-bath and eight studio apartments, this fully occupied property offers immediate cash flow with an in-place cap rate of 4.75%. The low-maintenance nature of the building, combined with significant rental upside and potential for ADUs utilizing the storage unit, presents a compelling value-add opportunity for investors.Tenants enjoy walking-distance access to Koreatown's top restaurants, bars, entertainment, and cultural attractions. Known for its rich history, vibrant nightlife, and world-renowned food scene, Koreatown is home to a diverse mix of cultures, flavors, and experiences. From authentic Korean BBQ spots to Latin-fusion eateries and trendy gastropubs, this neighborhood is a prime destination for Angelenos and visitors alike. Don't miss this rare opportunity to own a well-kept asset in one of LA's most sought-after rental markets. Contact us today for more information.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms Shed(s)

Interior

Heating Wall Gas

Cooling None

Equipment None

Laundry Laundry Area

Exterior

Parking Features Private, Uncovered

Garage Spaces 7.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Link Brokerages

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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