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$ 1,095,000
Est. payment | /mo
6,281 Sqft Lot
$ 1,095,000
Est. payment | /mo
6,281 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26860799
HOA Y/N No
Year Built 1965
Lot Size 6,281 Sqft
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
Area C20 - Hollywood
Zoning LARD1.5
Interior
Fireplace No
Laundry Common Area
Exterior
Total Parking Spaces 6
Building
Story 2
Water Public
Others
Tax ID 5535020005
Security Features Carbon Monoxide Detector(s)
Financing Cash,Conventional
Special Listing Condition Standard
Listed by Arthur Kalayjian Compass #01908920
NEARBY SCHOOLS & PROPERTIES
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