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$ 1,495,000
Est. payment | /mo
4,578 SqFt
$ 1,495,000
Est. payment | /mo
4,578 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,578 sqft
Price per Sqft $326
MLS Listing ID CL26860799
HOA Y/N No
Year Built 1965
Lot Size 6,280 Sqft
Acres 0.1442
Property Sub-Type Comm Ind For Sale
Property Description
919 N. Oxford Ave is a well-maintained 6-unit multifamily property located in the East Hollywood/Hollywood area of Los Angeles. The property totals approximately 4,578 square feet on a 6,280 square foot lot and features a desirable unit mix of two 1-bedroom units, three 2-bedroom units, and one 3-bedroom unit.The property is fully occupied with long-term tenants and generates approximately $9,292 per month in current gross rental income, or approximately $111,504 annually. Current rents are below market, creating a long-term value-add opportunity for an investor seeking a stabilized asset with future upside.Current ownership has completed substantial capital improvements, including replacement windows and sliding glass doors, a newer roof, gutters, earthquake retrofit, balcony inspection, exterior electrical panel replacement, in-unit electrical panel upgrades, and fencing. These improvements strengthen the property's long-term ownership profile.Apt. #1 2 bed / 1.5 bath $800/moApt. #2 2 bed / 1 bath $2,195/moApt. #3 3 bed / 1.5 bath $1,258/moApt. #4 2 bed / 1 bath $1,601/moApt. #5 1 bed / 1 bath $1,773/moApt. #6 1 bed / 1 bath $1,664/mo
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Fireplace No
Exterior
Total Parking Spaces 6
Building
Water Public
New Construction No
Others
Tax ID 5535020005
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Listed by Arthur Kalayjian • Compass
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Patrick Nagel
REALTOR® | Lic# 1760790