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Property Description

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.

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Additional Information
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CLW-C137878
CLW-X82946
Andrew
5093008002
: Standard
Two
32
: Shed(s)

Multi-Family For Sale

823 Oxford Avenue, Los Angeles, California 90005

10,139 Sqft
$3,999,999
Listing ID #25503837
Basic Details
Status : Active
DaysOnMarket : 2
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 25503837
Price : $3,999,999
Living Area : 10,139 Sqft
Lot Size : 11,687 Sqft
Year Built : 1950
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90005
Price Per Square Foot : $395
ModificationTimestamp : 2025-03-12 08:10:43
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