220 N Oxford Ave - Office/Residential FOR SALE


Los Angeles, CA 90004- Koreatown
$1,300,000 USD
213-434-2433
220 N Oxford Ave, Los Angeles, CA for Sale
$1,300,000 USD
Office/Residential - FOR SALE
1/26
null | Request Cap Rate

Nov '26


220 N Oxford Ave
Los Angeles, CA 90004
Koreatown


HIGHLIGHTS

  • Walking distance to market, shops
  • Few minutes from Larchmont Village

OVERVIEW

NOVEMBER 2021 THIS BUILDING WAS PRICED FOR $1,490,000.00 "A rare owner-user commercial opportunity in Koreatown/Hancock Park area with full vacancy flexibility at closing. " WHAT MAKES THIS PROPERTY SPECIAL mixed-use 100% vacant delivery potential PERFECT BUYER: doctors dentists attorneys CPAs beauty operators acupuncturists owner-users SBA loan buyers Most small commercial buildings in LA: have tenants have lease problems are difficult to occupy YOURS: potentially vacant flexible use owner-user opportunity SBA financing possible SBA OWNER-USER FINANCING CRITICAL IMPORTANCE SBA loans can allow: lower down payment owner-user occupancy long amortization "Excellent opportunity for owner-users utilizing SBA financing." LOCATION POSITIONING: "Strategically located in the heart of the Koreatown / Hancock Park corridor with strong surrounding residential density and business activity." FLEXIBILITY: Ideal for: Law office CPA / tax office Dental or medical office Acupuncture / wellness clinic Beauty / skincare business Creative office Live/work opportunity (buyer to verify) "OWN INSTEAD OF RENT" "Stop paying rent for your business own your own commercial building in one of Los Angeles' strongest urban corridors. "Comparable Sales Nearby: 222 N Harvard Blvd $2,000,000 242 N St Andrews Pl $1,495,000 "220 N Oxford Ave presents compelling value relative to recent area sales." "Rare vacant-delivery commercial opportunity in a supply-constrained submarket. "IDEAL FOR FINAL INVESTOR / OWNER-USER Rare Koreatown / Hancock Park Owner-User Commercial Opportunity 220 N Oxford Ave presents a rare opportunity to acquire a mixed-use commercial property in one of Los Angeles' most desirable urban corridors. The property is commercially zoned and currently configured as commercial space with two residential units. The building may potentially be delivered 100% vacant at closing, creating exceptional flexibility for owner-users, investors, or live/work operators. Creative office use Other professional office applications (buyer to verify) Strategically located within the Koreatown / Hancock Park corridor, the property benefits from strong surrounding residential density, business activity, and central access to Downtown Los Angeles, Hollywood, and major transportation routes. Owner-users will appreciate the opportunity to stop leasing commercial space and establish long-term ownership in a high-demand Los Angeles market. SBA financing may provide an attractive acquisition option for qualified buyers. 220 N Oxford Ave presents compelling value relative to recent area transactions. Buyer and buyer's agent to verify all zoning, use, occupancy, and development potential. Please do not disturb occupants. AMAZING OPPORTUNITY FOR: Dentists Medical users Beauty operators SBA loan buyers owner-user opportunity office concepts "stop paying rent" This building's biggest value is: FLEXIBILITY "own your business building with SBA financing + vacant delivery"

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$478 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Third Generation Acupuncture

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1919

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

LAC2

APN/PARCEL ID

5517-010-040

ASK ABOUT THIS PROPERTY

Max LeeThe Right Realty GroupMore Info
213-434-2433

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Max LeeThe Right Realty GroupMore Info
213-434-2433

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