975-985 S Oxford Ave | Los Angeles, CA 90006
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This Multifamily Property is no longer advertised on LoopNet.com.
975-985 S Oxford Ave
Los Angeles, CA 90006
Multifamily Property For Sale · 60 Units
Investment Highlights
- 975-985 Oxford Ave is a unique investment opportunity of three adjacent buildings on the corner of S Oxford Ave and Monette Pl
- Strong cash flow at a 4.53% CAP rate on current income with minimal deferred maintenance & community laundry
- Rare opportunity to acquire a sizeable asset with proven renovation program and market rent located in one of the strongest rental submarkets
- 60 single units, 56 of them have been renovated with vinyl plank flooring, recessed lighting, new stainless-steel appliances, updated kitchens / bath
- Secure, gated entry for all buildings; RUBS program in-place for an investor to be reimbursed for operating expenses
- High Walk Score of 97, close proximity to schools, employment, and transit options, this location makes it convenient for residents to commute
PROPERTY FACTS
No. Units | 60 | Lot Size | 1.59 AC |
Property Type | Multifamily | Building Size | 65,204 SF |
Property Subtype | Apartment | Average Occupancy | 100% |
Apartment Style | Low Rise | No. Stories | 2 |
Building Class | C | Year Built | 1920 |
No. Units | 60 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 1.59 AC |
Building Size | 65,204 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1920 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Security System
- Vintage Building
- Public Transportation
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 60 | - | 400 |
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $2,487,503 |
Land Assessment | $7,800,267 | Total Assessment | $10,287,770 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 5080-008-007
- 5080-008-006
- 5080-008-008
Land Assessment
$7,800,267
Improvements Assessment
$2,487,503
Total Assessment
$10,287,770
zoning
Zoning Code | R4-2, Los Angeles |
R4-2, Los Angeles |
Learn More About Investing in Apartment Buildings
Listing ID: 25463603
Date on Market: 4/13/2022
Last Updated:
Address: 975-985 S Oxford Ave, Los Angeles, CA 90006
The Koreatown Multifamily Property at 975-985 S Oxford Ave, Los Angeles, CA 90006 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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