823 S Oxford Avenue
Los Angeles, CA, 90005
$3,999,999
Beds
0 Baths
SqFt
0.27 Acres
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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.

Property Details

Price:
$3,999,999
MLS #:
25503837
Status:
Active
Baths:
0
Address:
823 S Oxford Avenue
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Mar 10, 2025
State:
CA
ZIP:
90005
Lot Size:
11,687 sqft / 0.27 acres (approx)
Year Built:
1950
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Exterior

Parking Features
Private, Uncovered
Parking Spots
7.00
Stories Total
2

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823 S Oxford Avenue
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