203 N Oxford Ave - Residential LAND FOR SALE


Los Angeles, CA 90004- Koreatown7,161 SF
$1,890,000 USD
415-378-5464
203 N Oxford Ave, Los Angeles, CA for Sale
$1,890,000 USD
Residential LAND - FOR SALE
1/4
7,161 SF

203 N Oxford Ave
Los Angeles, CA 90004
Koreatown


HIGHLIGHTS

  • Delivered RTI: Permits ready to issue for a fully entitled TOC Tier 3 project
  • 7-story, 30-unit multifamily development which includes 6-level of residential with parking
  • 24 one-bedroom and 6 two-bedroom units, optimized to maximize rent per square foot and appeal to a broad tenant base.
  • 27 of the 30 units are market rate, with 3 units set aside for Extremely Low-Income households per TOC requirements
  • 19 total parking spaces across a two-level garage
  • One mile from Paramount Studios and the 101 Freeway — with easy access to Hancock Park, Koreatown, and Hollywood.

OVERVIEW

Maher Commercial Realty is pleased to present an exceptional multifamily development opportunity at 203 N. Oxford Ave, located in the vibrant heart of Los Angeles. Zoned R4 and TOC Tier 3, this ±7,162.6 square foot parcel will be delivered with Ready-to-Issue (RTI) permits for the construction of a 7-story, 30-unit multifamily building totaling 31,545 square feet. The planned development includes six levels of residential over a ground-level parking garage and one level of subterranean parking, offering a total of 19 parking spaces. The project benefits from reduced parking requirements under TOC guidelines. The unit mix—24 one-bedroom units and 6 two-bedroom units—is designed for maximum efficiency and rental performance. Three units are designated as Extremely Low-Income, supporting TOC entitlement benefits, while the remaining 27 units will be delivered at market rate. The location commands premium rents, with new construction in the area achieving rates north of $4.00 per square foot. With a price per buildable door of just $63,000 and a land price of approximately $263.78 per square foot, this offering represents one of the most cost-effective RTI opportunities in a high-demand submarket. Strategically located near Hancock Park, Koreatown, and Hollywood—just one mile from Paramount Studios and the 101 Freeway—the site boasts a Walk Score of 90+ and excellent access to Metro Rail and bus lines. This is a rare opportunity for developers to acquire a shovel-ready site in one of Los Angeles’ most dynamic and transit-rich corridors.

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/ACRE

$11,495,169/AC

PRICE/SF

$264 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Condo

LAND ACRES

0.16 AC

LAND SF

7,162 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R4 TOC Tier 3

APN/PARCEL ID

5517-005-015

ASK ABOUT THIS PROPERTY

Oron MaherMaher Commercial RealtyMore Info
415-378-5464

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Oron MaherMaher Commercial RealtyMore Info
415-378-5464

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