615 N Oxford Avenue, Los Angeles, CA 90004

• 3,002 sqft

Property Description

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 secure a cash-flowing asset with meaningful upside in one of Los Angeles’ most dynamic rental markets. Investment package available upon request.

Listing Status:

Active

Date Added:

March 2, 2026

Data Last Updated:

April 1, 2026 at 9:18PM

Listing Office:

Equity Union : 818-989-2000

Listing Agent:

Liza Parrilla : 818-989-2000

MLS ID:

SR26043858

Interior

• Appliances: DishwasherGas RangeMicrowaveRefrigerator
• Laundry: Inside
• A/C: Central Air
• Heating: Central
• Fireplace: None

Exterior

• Pool: None
• Parking: Parking spaces: 0

Construction

• General: 1

Location

• Originating MLS: CRMLS_CRM
• County: Los Angeles

Lot

• Zoning: LAR35521002009

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: CRMLS_CRM