203 N Oxford Avenue 5517005015
Los Angeles, CA, 90004
$1,890,000
Beds
0 Baths
SqFt
0.16 Acres
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MLS #25554505 image #0MLS #25554505 image #1MLS #25554505 image #2
We are pleased to present an exceptional multifamily development opportunity at 203 N. Oxford Ave, located in the vibrant heart of Los Angeles. Zoned R4 and TOC Tier 3, this 7,162.6 square foot parcel will be delivered RTI: Permits ready to issue for a fully entitled TOC Tier 3 project with no relocation costs for the construction of a 7-story, 30-unit multifamily building totaling 31,545 square feet. The planned development includes six levels of residential over a ground-level parking garage and one level of subterranean parking, offering a total of 18 parking spaces. There are no relocation costs. The project benefits from reduced parking requirements under TOC guidelines. The unit mix, 24 one-bedroom units and 6 two-bedroom units, is designed for maximum efficiency and rental performance. Three units are designated as Extremely Low-Income, supporting TOC entitlement benefits, while the remaining 27 units will be delivered at market rate. The location commands premium rents, with new construction in the area achieving rates north of $4.00 per square foot. With a price per buildable door of just $63,000 and a land price of approximately $263.78 per square foot, this offering represents one of the most cost-effective RTI opportunities in a high-demand submarket. There are no relocation costs. Strategically located near Hancock Park, Koreatown, and Hollywood just one mile from Paramount Studios and the 101 Freeway the site boasts a Walk Score of 90+ and excellent access to Metro Rail and bus lines. This is a rare opportunity for developers to acquire a shovel-ready site in one of Los Angeles’ most dynamic and transit-rich corridors.

Property Details

Price:
$1,890,000
MLS #:
25554505
Status:
Active
Baths:
0
Type:
Land
Neighborhood:
c17midwilshire
Listed Date:
Jun 25, 2025
Lot Size:
7,162 sqft / 0.16 acres (approx)
C17midwilshire

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Market Summary

Current real estate data for Land in Los Angeles as of Oct 19, 2025
509
Land Listed
319
Avg DOM
$1,706,613
Avg List Price

Property Summary

    203 N Oxford Avenue 5517005015 Los Angeles CA is a Land for sale in Los Angeles, CA, 90004. It is listed for $1,890,000 and features 0 acres.

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203 N Oxford Avenue 5517005015
Los Angeles, CA