823 S Oxford Avenue
Los Angeles, CA 90005
- – beds
- – baths
- – sqft
- 11,687 sqft lot
- 1950 build
- – on site
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.
Last checked:
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Last updated Mar 12, 2025
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MLS# 25503837 —
The Building
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Year Built:1950
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New Construction:No
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Building Area Total:10139.00
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Total Number Of Units:16
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# of Buildings:1
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:East of Western, West of Serrano
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Latitude:34.05691500
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Longitude:-118.30784600
The Property
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Property Type:Residential Income
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Zoning:LAR4
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Lot Size Area:11687.0000
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Lot Size Acres:0.2683
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Lot Size SqFt:11687.00
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Other Structures:Shed(s)
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5093008002
Heating & Cooling
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Private, Uncovered
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Parking Spaces:7.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/11/25
Mar 11, 2025
|
Listed / Active | CRMLS_CA | $3,999,999 |
