Property Details
About this Property
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 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 amenities—supporting long-term tenant demand and rent growth. 615 N Oxford Avenue offers a rare opportunity to sec
MLS Listing Information
MLS #
CRSR26043858
MLS Source
California Regional MLS
Days on Site
25
Interior Features
Appliances
Dishwasher, Microwave, Other, Oven Range - Gas, Refrigerator
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
615 N Oxford Ave is a Duplex in Los Angeles, CA 90004. This – square foot property sits on a 6,757 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,395,000 and was built in 1919. This address can also be written as 615 N Oxford Ave, Los Angeles, CA 90004.
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This listing information is up-to-date as of March 18, 2026. For the most current information, please contact Liza Parrilla
