1053 S Oxford Avenue, Los Angeles, CA 90006

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#1#2#3
1053 S Oxford Avenue,Los Angeles, CA 90006
$1,695,000
  • - Beds
  • - Baths
  • 4,476 sq. ft.
  • Multi-family
  • Active
Listed by:deborah bush
Office:jason mitchell real estate ca
MLS#:SB25192062
Source:CRMLS

Price summary

  • Price:$1,695,000
  • Price per sq. ft.:$378.69

About this home

Delivered 100% VACANT, this 5-unit property in Korea-town offers immediate income potential and future redevelopment upside. The mix includes three 1-bed/1-bath units with shared laundry ON SITE , one 3-bed/1-bath, and one 2-bed/1-bath with potential to reconfigure into a 4-bed/2-bath. An attached garage and ample surface parking add to tenant appeal. Separately metered and impeccably maintained this property is a trophy property looking for its next owner. Rough Proforma renovated rents—1-bed units projected at ~$2,400, the 2-bed at ~$2,700, and the 3-bed at ~$3,900—the property generates an estimated $165,600 annually (~$13,800/month). With a stabilized NOI of approximately $103,000, this equates to a 6.08% cap rate at the list price of $1,695,000, offering the possibility of increasing the rental return by reconfiguring the 2/1 into a 4/2 . For long-term investors or developers, the LAR4 zoning and proximity to major transit may qualify the property for Tier 3 TOC

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Home facts

  • Year built:1922
  • Listing Id #:SB25192062
  • Added:1 day(s) ago
  • Updated:August 27, 2025 at 02:38 AM

Rooms and interior

  • Living area:4,476 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1922
  • Building area:4,476 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,695,000
  • Price per sq. ft.:$378.69
Based on information from California Regional Multiple Listing Service, Inc. as of August 27, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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