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615 N Oxford Ave

Los Angeles CA 90004

8
7
6757 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

615 N Oxford Avenue presents a compelling opportunity to acquire a well-located multifamily asset in the heart of East Hollywoodone 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 amenitiessupporting long-term tenant demand and rent growth. 615 N Oxford Avenue offers a rare opportunity to secure a cash-flowing asset with meaningful upside in one of Los Angeles most dynamic rental markets. Investment package available upon request.

Features

8 bedrooms
7 bathrooms
6757 sq. ft. lot size
Multi-Family

Property history for 615 N Oxford Ave

2025
Rented
Undisclosed
03 Jun 2025 by LBC Solutions, Inc.
2016
Sold
$1,000,000
22 Feb 2016 by Kerry Marsico, of The Agency

Happy sellers in Los Angeles

~%

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 8 bedroom multi families in Los Angeles

In the last 12 months, 2 eight-bedroom multi families similar to 615 N Oxford Ave, have been sold.

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(619) 566-0008
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