1000 N Oxford Avenue
Los Angeles, CA 90029
- – beds
- – baths
- – sqft
- 4,200 sqft lot
- 1928 build
- – on site
SELLER MAY CARRY! Charming 1920's property located in East Hollywood, near Santa Monica Blvd. and Western Ave. with very easy access to the 101 Freeway. The property is made up of 8 units, with a GREAT unit mix of Studios, 1+1's, and 2+1's. Six (6) out of Eight (8) units are separately metered for gas & electricity with Two (2) Units, (5337 & 5537 1/2) sharing a master meter. All units have separate H20 heaters! Some of the plumbing has been upgraded to copper. Some of the units have been tastefully updated and one unit was fully remodeled in 2023. The property boasts a 5.23% CAP rate and 13.42 GRM with tremendous rental upside! The neighborhood is deemed a "very walkable" neighborhood with a walk score of 92 out of 100! Less than half a mile from the new Echelon Studios Complex project of 550,000 SF of new production studio, office, and retail space set to be completed in 2026. The subject property is an excellent opportunity for a buyer looking to acquire a day one cash flow investment property. It has been well maintained by the current ownership. The subject property is located in the city of Los Angeles and is subject to rent control.
Listed By CRMLS_CA / Nicole Apostolos / Equity Union
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Last updated Apr 25, 2024
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MLS# 24360141 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/22/24
Feb 22, 2024
|
Listed / Active | CRMLS_CA | $1,575,000 | |
1/31/22
Jan 31, 2022
|
Price Changed | CRMLS_CA | ||
11/1/21
Nov 1, 2021
|
Price Changed | CRMLS_CA |