823 S Oxford Avenue, Los Angeles CA, 90005

Active

823 S Oxford Avenue

Los Angeles CA, 90005

$3,999,999

$394.52 per sqft

Active

8 Beds

16 Baths

10,139 sqft

Residential

Built in 1950

Listed by Andrew Malekie with Link Brokerages 424-312-9552

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.

25503837

MLSⓇ ID

March 10, 2025

Listed

March 13, 2025

Updated

Interior Features

Total Stories: 2
Bedrooms: 8
Total Bathrooms: 16
Fireplace: No
Cooling: No
Cooling Description: None
Heating: No

Exterior/Building Features

Lot Size: 0.27 Acres

Other Property Details

Area Name: C17 - Mid-Wilshire
Days on Market: 2
Garage: No
Parking: Private, Uncovered
Parking Total: 7
View: No
County: Los Angeles
Zoning: LAR4

Listing Contact: 310-695-6510

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/13/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/13/2025 at 11:07 AM UTC