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$ 2,095,000
Est. payment /mo
Active
852 N Oxford AVE Los Angeles, CA 90029
4 Beds
8 Baths
4,220 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,220 sqft
Price per Sqft $496
MLS Listing ID 26656095
Bedrooms 4
HOA Y/N No
Year Built 1923
Lot Size 5,018 Sqft
Property Description
Attractive 8-unit Hollywood apartment asset currently operating at a 5.5% cap rate with a clear, low-execution path to a 6.6% pro forma cap through operational improvements. Ideally located just north of Melrose Avenue in a high-demand, walkable rental pocket near major employment centers, transit, hospitals, and significant ongoing development. Multiple tenants pay separate parking fees that are not subject to rent control and are currently below market, offering immediate NOI upside. Former RTI ADU plans (expired but easily re-approved), and a large basement create additional potential for future rental or storage income (buyer to verify). Excellent curb appeal, well-maintained common areas, and a scalable operational profile. A rare opportunity to acquire a small-scale Hollywood asset with real cash flow today and multiple built-in value-add levers.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR1
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Private
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5535027004
Special Listing Condition Standard
Listed by Armin Soleimani Global Platinum Properties, Inc. #01846872