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1000 N Oxford Ave
Los Angeles CA 90029 US

$1,575,000

Active Listing ID 24-360141
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8 bed
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Lot: 0.10 Acres
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Other

$1,575,000

Active Listing ID 24-360141
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1000 N Oxford Ave SELLER MAY CARRY! Charming 1920's property located in East Hollywood, near Santa Monica Blvd. and Western Ave. with very easy access to the 101 Freeway. The property is made up of 8 units, with a GREAT unit mix of Studios, 1+1's, and 2+1's. Six (6) out of Eight (8) units are separately metered for gas & electricity with Two (2) Units, (5337 & 5537 1/2) sharing a master meter. All units have separate H20 heaters! Some of the plumbing has been upgraded to copper. Some of the units have been tastefully updated and one unit was fully remodeled in 2023. The property boasts a 5.23% CAP rate and 13.42 GRM with tremendous rental upside! The neighborhood is deemed a "very walkable" neighborhood with a walk score of 92 out of 100! Less than half a mile from the new Echelon Studios Complex project of 550, 000 SF of new production studio, office, and retail space set to be completed in 2026. The subject property is an excellent opportunity for a buyer looking to acquire a day one cash flow investment property. It has been well maintained by the current ownership. The subject property is located in the city of Los Angeles and is subject to rent control.

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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Residential
  • Property Sub-type: Other

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 1575000
  • unparsedaddress: 1000 N Oxford Ave
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90029
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0964
  • lotsizeunits: Acres
  • lotsizearea: 0.0964
  • livingarea: 5350
  • livingareaunits: Square Feet
  • latitude: 34.088641
  • longitude: -118.307537
  • listagentfullname: Nicole Apostolos
  • listagentemail: nicole@investmentsla.com
  • listagentkey: 3yd-CLAWCA-X95361
  • listagentmlsid: X95361
  • listagentpreferredphone: 8189892000
  • listagentofficephone: 8189892000
  • listofficekey: 3yd-CLAWCA-X7252104
  • listofficemlsid: X7252104
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1928
  • listingcontractdate: 2024-02-20
  • listagenturl: https://equityunion.com
  • countyorparish: Los Angeles
  • parcelnumber: 5536-025-028
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.307537, 34.088641
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Listing Changed: 4/27/2024 3:18:59 PM GMT
Source Updated Date: 5/3/2024 6:56:11 AM GMT

Courtesy of: Nicole Apostolos, Equity Union, nicole@investmentsla.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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