Northmarq, serving as the exclusive listing agent, is pleased to present 203 North Oxford Avenue, a 30-unit multifamily proposed development opportunity in Koreatown. The project site is situated on a 7,162-square-foot lot zoned R4-1 with a TOC Tier 3 designation. The development can be delivered RTI (Ready-to-Issue), allowing construction to commence with minimal entitlement work remaining. The plans feature a seven-story multi-residential building with a thoughtfully designed unit mix that aligns perfectly with the Koreatown renter demographic. The building includes twenty-four (24) one-bedroom units and six (6) two-bedroom units. It also offers one level of ground parking and one level of subterranean parking, providing a total of 19 parking spaces. The project boasts 20,203 square feet of gross building area, with spacious floorplans that set it apart from the studio-heavy unit mixes typically found in Koreatown. These designs cater perfectly to the area’s diverse and dynamic rental market. Koreatown continues to experience significant growth, driven by its central location and increasing demand for high-quality housing. This development will provide modern living spaces designed to meet the needs of the area’s growing community and demand for housing in greater Los Angeles.