$ 2,095,000
-
$2,095,000
Price -
4
Bed -
8
Bath -
4,220
SqFt
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About the Listing X82397 - C120232
Attractive 8-unit Hollywood apartment asset currently operating at a 5.5% cap rate with a clear, low-execution path to a 6.6% pro forma cap through operational improvements. Ideally located just north of Melrose Avenue in a high-demand, walkable rental pocket near major employment centers, transit, hospitals, and significant ongoing development. Multiple tenants pay separate parking fees that are not subject to rent control and are currently below market, offering immediate NOI upside. Former RTI ADU plans (expired but easily re-approved), and a large basement create additional potential for future rental or storage income (buyer to verify). Excellent curb appeal, well-maintained common areas, and a scalable operational profile. A rare opportunity to acquire a small-scale Hollywood asset with real cash flow today and multiple built-in value-add levers.
Listing Highlights
Status
Active
Days on Site
26
Property Type
Multi-Family
MLS ®
26656095
Year Built
1923
Total Square Footage
4,220
Lot/Acreage
0.12
County
Los Angeles
Interior Details
- Bedrooms: 4
- Bathrooms: 8 Full
- Appliances:
- Air Cond: Ceiling Fan
- Heating: Wall
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR1
- Roof:
- Others:
- Sewer:
- Parking Features: Private,Detached
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
852 N Oxford Ave Los Angeles, CA 90029
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