615 N Oxford Avenue, Los Angeles, CA 90004
Local realty services provided by:ERA North Orange County Real Estate
615 N Oxford Avenue,Los Angeles, CA 90004
$1,395,000
- 8 Beds
- 7 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: liza parrilla
Office: equity union
MLS#:SR26043858
Source:San Diego MLS via CRMLS
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 Hollywoodone 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 to Koreatown, Hollywood, Silver Lake, and Downtown Los Angeles, the property benefits from proximity to major employment hubs, entertainment centers, and a wide range of dining and retail amenitiessupporting long-term tenant demand and rent growth. 615 N Oxford Avenue offers a rare opportunity to secure a cash-flowing asset with meaningful upside in one of Los Angeles most dynamic rental markets. Investment package available upon request....
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Home facts
- Listing ID #:SR26043858
- Added:61 day(s) ago
- Updated:May 03, 2026 at 02:08 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:7
Heating and cooling
- Cooling:Central Forced Air
Finances and disclosures
- Price:$1,395,000
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