1032-1038 N Oxford Ave - Apartments FOR SALE


Los Angeles, CA 90029- East Hollywood
$5,195,000 USD
818-903-8088
1032-1038 N Oxford Ave, Los Angeles, CA for Sale
$5,195,000 USD
Apartments - FOR SALE
1/21
null | 5.8% Cap Rate

1032-1038 N Oxford Ave
Los Angeles, CA 90029
East Hollywood


HIGHLIGHTS

  • New Construction, minimal maintenance. individual gas and water meters. .
  • Premium Modern Finishes, stainless steel appliances, in unit washer and dryer, private balconies, solar panels,
  • Diverse Unit Mix, ranging from 1 bedroom to 5 bedroom units
  • 93 Walk Score! a "Walkers paradise" and a "bikeable" location
  • High Demand Market, minutes away from Hollywood, Koreatown, and Downtown
  • Future Stabilized Returns, projected 5.8 CAP and 13.5 GRM

OVERVIEW

MUST SELL at a 5.8 CAP with recently reduced pricing: This new development includes a multilevel standalone home, five condo-style apartments, and two ADU recreation room conversions (under construction). Units offer upgraded finishes, stainless steel appliances, in-unit laundry, and private balconies. The property has a Walk Score of 93, high public transit and bike ratings, and is near Hollywood, Koreatown, and Downtown LA for quick access to restaurants and entertainment. Leasing and self-management are straightforward due to the size and unit mix, and East Hollywood’s strong rental market provides stable occupancy and long-term returns. Call broker regarding the ADU condition.

FOR SALE DETAILS

PRICE

$5,195,000 USD

PRICE/SF

$434 USD /SF

# OF UNITS

8

PRICE/UNIT

$649,375

CAP RATE

5.8%

% LEASED

25%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,473 SF

ZONING

LA-RD1.5

APN/PARCEL ID

5536-025-003

ASK ABOUT THIS PROPERTY

Ed KoenigKoenig PropertiesMore Info
818-903-8088

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Ed KoenigKoenig PropertiesMore Info
818-903-8088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.