• Asking Price $8,150,000
  • 339 S OXFORD AVE LOS ANGELES, CA 90020

  • 36 Beds 3 Baths 13,376 SqFt
  • Vacant Land / Resale (MLS)

Property Details for 339 S OXFORD AVE, LOS ANGELES, CA 90020

Features

  • Price/sqft: $609
  • Lot Size: 9010 sq. ft.
  • Total Units: 1
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Stories: 200
  • Roof Type: Composition Shingle
  • Heating: Central Furnace
  • Construction Type: Wood
  • Exterior Walls: Stucco

Facts

  • Year Built: 01/01/1916
  • Property ID: 892859914
  • MLS Number: 24-404955
  • Parcel Number: 5503-003-012
  • Property Type: Vacant Land
  • County: LOS ANGELES
  • Legal Description: TRACT NO 1624 LOT/SEC 27
  • Zoning: LAR3
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. The subject property is a luxury, brand new construction, 15 unit apartment complex located in the highly desirable Koreatown submarket of Los Angeles. Ideally situated on Oxford Ave, one block east of Western Ave between 3rd and 4th St, just 3 blocks from the Wilshire/Western Metro Station. This 2024 constructed building has pristine units, an incredible unit mix and an unrelenting rental demand by the strong demographics. The property boasts nine 2 bedroom, 2 bathroom units and six 3 bedroom, 2 bathroom units. Two units are affordable restricted (doesn't preclude you from renting to Section 8 buyer to verify). The property is currently in lease-up. Koreatown's central location, proximity to major job hubs, and diverse array of culinary, entertainment, and cultural options are key draws for renter demand. The area is increasingly evolving into a self-contained neighborhood, where residents can live, work, dine, and play without a car. The densely populated location ensures expeditious lease up and the luxurious units allow for tenant comfort and investor stability. The area has undergone a major economic renaissance during the past couple of decades with development as the driving force. The new apartment and mixed-use developments in the immediate area have provided an overwhelming increase in the demand for high end rental units and retail. The building offers 13 parking spaces and has a rooftop deck. All units have washer and dryers, central air and heat as well as all the modern conveniences of living in a brand new building.

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Property Brokerage: KELLER WILLIAMS BEVERLY HILLS REALTY 439 N. Canon Dr. Suite 300 Beverly Hills CA 90210
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.