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823 S Oxford AVE Los Angeles, CA 90005
8 Beds
16 Baths
10,139 SqFt
UPDATED:
03/12/2025 03:11 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,139 sqft
Price per Sqft $394
MLS Listing ID 25503837
Bedrooms 8
HOA Y/N No
Year Built 1950
Lot Size 0.268 Acres
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 4.38%. 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 C17 - Mid-Wilshire
Zoning LAR4
Rooms
Other Rooms Shed(s)
Interior
Cooling None
Fireplace No
Exterior
Parking Features Private, Uncovered
Total Parking Spaces 7
Building
Story 2
Entry Level Two
Level or Stories Two
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 5093008002
Special Listing Condition Standard
Listed by Andrew Malekie • Link Brokerages
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