Description

Maher Commercial Realty is pleased to present 1042 S. Oxford Avenue, an 8-unit multifamily apartment building in prime Koreatown. The building is comprised of three 2 bedroom/1 bath units, four 1 bedroom/1 bath units and one studio unit with in place rents ranging from $1,280-$2,200 per month. The property is located in an opportunity zone and is eligible for TOC incentives.

Located near the Koreatown Galleria and is walking distance to Western Avenue, Olympic Blvd. and Hobart Boulevard Elementary School. Surrounded by shopping and dining including Koreatown Plaza, El Cholo, Guelaguetza Restaurant and Ktown Pho.

Property Features:

  • List Price: $2,400,000
  • Building Size: 6,892 Sq.Ft.
  • Lot Size: 6,062 Sq.Ft.
  • Price Per Sq.Ft. On Land: $348.23
  • Price Per Sq.Ft. On Building: $395.91
  • Zoning: LAR4
  • Number of Units: 8
  • APN: 5080-014-022
  • Pro-Forma Gross Operating Income: $196,896
  • Pro-Forma NOI: $105,786
  • Pro-Forma Cap Rate: 4.4%
  • Pro-Forma GRM: 12.18

Property ID

1042 S. Oxford, Los Angeles

Property Type

Multifamily

Status

For Sale

Price

$2,400,000.00

Additional Features

N

koreatown building for sale

N

koreatown multifamily building for sale

N

los angeles investment property

N

los angeles multifamily for sale

N

maher commercial realty

N

multi-family income property

N

multifamily for sale


Agents

Oron Maher

Oron Maher

Director Broker

  • (310) 464-1453
  • Oron@MaherCR.com
  • MaherCR.com
Edmund Ha

Edmund Ha

Managing Director

  • 310-567-0077
  • Edmund@MaherCR.com
  • MaherCR.com

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