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1032-1038 N Oxford Ave
Los Angeles, CA 90029
Multifamily Property For Sale
·
8 Units
Investment Highlights
- New Construction, minimal maintenance. individual gas and water meters. .
- Diverse Unit Mix, ranging from 1 bedroom to 5 bedroom units
- High Demand Market, minutes away from Hollywood, Koreatown, and Downtown
- Premium Modern Finishes, stainless steel appliances, in unit washer and dryer, private balconies, solar panels,
- 93 Walk Score! a "Walkers paradise" and a "bikeable" location
- Future Stabilized Returns, projected 5.8 CAP and 13.5 GRM
Executive Summary
MUST SELL at a 5.8 CAP with recently reduced pricing: This new development includes a multilevel standalone home, five condo-style apartments, and two ADU recreation room conversions (under construction). Units offer upgraded finishes, stainless steel appliances, in-unit laundry, and private balconies. The property has a Walk Score of 93, high public transit and bike ratings, and is near Hollywood, Koreatown, and Downtown LA for quick access to restaurants and entertainment. Leasing and self-management are straightforward due to the size and unit mix, and East Hollywood’s strong rental market provides stable occupancy and long-term returns. Call broker regarding the ADU condition.
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3.5 | 4 | - | 1,941 |
| 5+5.5 | 4 | - | 2,212 |
Property Taxes
| Parcel Number | 5536-025-003 | Improvements Assessment | $670,756 CAD |
| Land Assessment | $1,043,399 CAD | Total Assessment | $1,714,155 CAD |
Property Taxes
Parcel Number
5536-025-003
Land Assessment
$1,043,399 CAD
Improvements Assessment
$670,756 CAD
Total Assessment
$1,714,155 CAD
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