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939 N Oxford Avenue

Los Angeles (City), CA 90029
  • $2,500,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: 22150635
UPDATED: 34 min ago
$2,500,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Listing Agent(s): Adam Zunder of Iconic Investments (747-444-3300) and Dena Luciano of Douglas Elliman(310-595-3888)


Description

939 N. Oxford Avenue, in the Melrose Hill neighborhood of Los Angeles, Built in 1956, the property is comprised of six One-Bedroom + One Bath, three Two-Bedroom + One Bath and one Two-Bedroom + Two Bath units across +/- 7,462 gross square feet of improvements on +/- 8,851 square of feet of land. Utilities are separately metered for electricity and gas and features nine parking spaces. This value-add opportunity is ripe for new ownership to immediately renovate, remodel, and reposition the two vacant units, capturing a higher-income tenant base and top-of-market rents. The surrounding area has gentrified with a number of new ground-up development projects completed. Nestled just north of Melrose Ave and east of Western Ave, Oxford is located in very close proximity to Larchmont Village, East Hollywood and Koreatown.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T19:31:41.64. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128111040
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939 N Oxford Avenue Los Angeles (City), CA 90029

  • Price: $2,500,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 34 min ago
  • ID#: 22150635
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1956
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
939 N. Oxford Avenue, in the Melrose Hill neighborhood of Los Angeles, Built in 1956, the property is comprised of six One-Bedroom + One Bath, three Two-Bedroom + One Bath and one Two-Bedroom + Two Bath units across +/- 7,462 gross square feet of improvements on +/- 8,851 square of feet of land. Utilities are separately metered for electricity and gas and features nine parking spaces. This value-add opportunity is ripe for new ownership to immediately renovate, remodel, and reposition the two vacant units, capturing a higher-income tenant base and top-of-market rents. The surrounding area has gentrified with a number of new ground-up development projects completed. Nestled just north of Melrose Ave and east of Western Ave, Oxford is located in very close proximity to Larchmont Village, East Hollywood and Koreatown.
Exterior Features

Parking Features AssignedUncovered Parking Total 9

Interior Features

Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Association Fee 0 Gross Income 150128 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 75994 New Construction YN No Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T19:31:41.64. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368669486-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368669486-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368669486-1.jpg
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Adam Zunder of Iconic Investments (747-444-3300) and Dena Luciano of Douglas Elliman(310-595-3888)