615 Oxford Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
615 Oxford Avenue,Los Angeles, CA 90004
$1,395,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: liza parrilla
Office: equity union
MLS#:SR26043858
Source:CAREIL

Price summary

  • Price:$1,395,000

About this home

615 N Oxford Avenue presents a compelling opportunity to acquire a well-located multifamily asset in the heart of East Hollywood—one of Los Angeles’ most sought-after rental submarkets. Situated on an approximately 6,700± square foot LAR3-zoned lot, the property consists of two separate residential structures, offering a strong combination of stable in-place income and future development potential. The asset generates approximately $120,000 in annual gross income ($10,000/month), providing immediate cash flow in a high-demand rental market. With estimated expenses of ~35%, the property achieves a projected NOI of approximately $78,000, representing a 5.5% cap rate at the list price. Investors are well-positioned to capture additional upside through rental increases and strategic improvements. The LAR3 zoning further enhances the opportunity, allowing for higher-density redevelopment in an area where housing demand continues to outpace supply. Centrally located with convenient access...

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Home facts

  • Year built:1919
  • Listing ID #:SR26043858
  • Added:11 day(s) ago
  • Updated:March 18, 2026 at 04:32 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Microwave, Refrigerator

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Forced Air

Structure and exterior

  • Year built:1919
  • Lot area:0.16 Acres
  • Lot Features:Mid Block

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$1,395,000
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