Active
823 S Oxford Ave
Los Angeles CA, 90005
$3,999,999
$394.52 per sqft
Active
8 Beds
16 Baths
10,139 sqft
Multi-family
Built in 1950
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 11, 2025
Listed
March 13, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
16
Appliances
None
Laundry Description
Laundry Area
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Gas
Exterior/Building Features
Lot Size
0.27 Acres
Other Property Details
Area Name
Mid-Wilshire
Days on Market
2
Garage
No
Parking
Private, Uncovered
Parking Total
7
View
No
County
Los Angeles
Zoning
LAR4
Listed by Andrew Malekie with Link Brokerages
Listing Contact: 424-312-9552
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Eve Capital shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 3/13/2025