$ 2,100,000
-
$2,100,000
Price -
13
Bed -
13
Bath -
7,796
SqFt
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About the Listing X82195 - C138326
1069 N Oxford Ave | 10-Unit Value-Add Multifamily near Larchmont Village. 1959-built asset totaling 7,796 SF on a 9,017 SF LARD1.5 lot, one block from the Hancock Park border in one of Los Angeles' most renter-driven submarkets. The property features a (7) 1-bed / 1-bath and (3) 2-bed / 2-bath unit mix averaging 780 SF with 13 on-site parking spaces a premium amenity in this dense urban corridor. Every unit is currently occupied and every unit is below market, with in-place rents averaging $1,612/month against market rents of $2,150$2,717 and one unit sitting 66% below market. Offered at $2,100,000 ($210,000/unit | $269.37/SF) with a 5.42% in-place cap rate, the real story is what's underneath a 9.10% pro forma cap and 12.79% cash-on-cash return as rents normalize through turnover.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
26850059
Year Built
1959
Total Square Footage
7,796
Lot/Acreage
0.21
County
Los Angeles
Interior Details
- Bedrooms: 13
- Bathrooms: 13 Full
- Appliances:
- Air Cond:
- Heating:
- 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: LARD1.5
- Roof:
- Others:
- Sewer:
- Parking Features: Driveway - Combination
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Years
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Questions About..
1069 N Oxford Ave Los Angeles, CA 90029
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