1048-1054 S. Oxford Ave - Residential LAND FOR SALE


Los Angeles, CA 90006- Harvard Heights888,449,760 SF
$6,950,000 USD
310-710-5626
1048-1054 S. Oxford Ave, Los Angeles, CA for Sale
$6,950,000 USD
Residential LAND - FOR SALE
1/2
888,449,760 SF

1048-1054 S. Oxford Ave
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • 20,396 SF CORNER LAND.
  • LOCATED WITHIN THE HEART OF KOREATOWN.
  • WALKER'S PARADISE; WITH A WALKING SCORE OF 97!!!
  • EASY ACCESSABILITY; LESS THAN 1 MILE FROM THE WILSHIRE/WESTERN PURPLE LINE STATION.
  • GOOD FREEWAY ACCESS; JUST 1 MILE NORTH OF THE 10 FREEWAY.
  • EXCELLENT DEMOGRAPHICS; APPROX. 100,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS AND OVER 600,000 PEOPLE.

OVERVIEW

We are pleased to present a prime infill development opportunity located at 1048–1054 S. Oxford Avenue in the heart of Koreatown, one of Los Angeles’ most vibrant, dense, and rapidly expanding multifamily markets. This 20,396 square foot corner parcel offers excellent visibility and accessibility, positioned just south of Olympic Boulevard between Western and Normandie Avenues. Per City of LA zoning codes: - 50 units allowed on the combined 3 lots - Max allowable building area: approx. 15,000 sq. ft. After Preliminary Plan Check: - Unit count increases from 50 ? 87 units - Max allowable building area increases to Approx. 70,000 sq. ft. SB 79 (recently approved, effective by Jan 2026): - Unit count can increase from 87 ? approx. 100 units - Max allowable building area is Approx. 70,000 sq. ft.

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/ACRE

$341/AC

PRICE/SF

$0.0078 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

DEVELOPMENT OPPORTUNITY IN PRIME KOREATOWN

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

20396 AC

LAND SF

888,449,760 SF

OFFSITE IMPROVEMENTS

-

ZONING

R4-2

APN/PARCEL ID

5080-014-023,5080-014-024,5080-014-025

ASK ABOUT THIS PROPERTY

David YasharKW Commercial SoCalMore Info
310-710-5626

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David YasharKW Commercial SoCalMore Info
310-710-5626

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