Active

1000 N Oxford Ave

Los Angeles CA, 90029

$1,575,000


$294.39 per sqft

Active

8 Beds

5,350 sqft

Residential

Built in 1928

Charming 1920's property located in East Hollywood, near Santa Monica Blvd. and Western Ave. with very easy access to the 101 Freeway. The property is made up of 8 units, with a GREAT unit mix of Studios, 1+1's, and 2+1's. Six (6) out of Eight (8) units are separately metered for gas & electricity with Two (2) Units, (5337 & 5537 1/2) sharing a master meter. All units have separate H20 heaters! Some of the plumbing has been upgraded to copper. Some of the units have been tastefully updated and one unit was fully remodeled in 2023. The property boasts a 5.23% CAP rate and 13.42 GRM with tremendous rental upside! The neighborhood is deemed a "very walkable" neighborhood with a walk score of 92 out of 100! Less than half a mile from the new Echelon Studios Complex project of 550,000 SF of new production studio, office, and retail space set to be completed in 2026. The subject property is an excellent opportunity for a buyer looking to acquire a day one cash flow investment property. It has been well maintained by the current ownership. The subject property is located in the city of Los Angeles and is subject to rent control.

24-360141

MLS ID

February 20, 2024

Listed

April 16, 2024

Updated

Map

1000 N Oxford Ave
Los Angeles CA, 90029

Interior Features

Total Stories

2


Bedrooms

8 Beds


Appliances

None


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Wall

Exterior/Building Features

Lot Size

0.1 Acres

Other Property Details

Area Name

Hollywood


Days on Market

56


Garage

No


Parking

None


Parking Total

0


View

No


County

Los Angeles


Pool

No


Zoning

LARD1.5

Listed by Nicole Apostolos with Equity Union
Listing Contact: 818-268-6854 

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. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/16/2024

Powered byLuxury Presence