823 S Oxford Ave - Apartments FOR SALE


Los Angeles, CA 90005- Koreatown
$3,750,000 USD
424-312-9552
823 S Oxford Ave, Los Angeles, CA for Sale
$3,750,000 USD
Apartments - FOR SALE
1/15
null | 4.75% Cap Rate

823 S Oxford Ave
Los Angeles, CA 90005
Koreatown


HIGHLIGHTS

  • Gated property with prime Koreatown location
  • 16 units with significant rental upside potential
  • On-site parking & storage unit with ADU potential

OVERVIEW

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 4.75%. 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.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$293 USD /SF

# OF UNITS

16

PRICE/UNIT

$234,375

CAP RATE

4.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,979 SF

ZONING

LAR4

APN/PARCEL ID

5093-008-002

ASK ABOUT THIS PROPERTY

Andrew MalekieLink BrokeragesMore Info
424-312-9552

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Andrew MalekieLink BrokeragesMore Info
424-312-9552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.