1718 S Oxford Avenue

    Los Angeles (City), CA 90006
    • $1,150,000
    • STATUS: Active
    • ON SITE: 91 days
    • ID#: 18378184
    UPDATED: 75 min ago
    $1,150,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,124
      SQFT
    • $368
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1982
    County:

    School Ratings & Info

    Description

    1718 South Oxford Apartments is a non-rent controlled, five unit apartment complex, located in the heart of Koreatown. This investment offers an investor a chance to own a property with excellent upside potential and a consistent cash flow by taking advantage of the tight Los Angeles rental market. This property was built in 1982 and has 3,124 square feet of multifamily units sitting on a 5,711 square foot lot.The building's unit mix consists of four one-bedroom/one-bath and one two-bedroom/one-bath town-home style unit. Parking spaces are available for the tenants in the rear of the property. There is also an on-site laundry facility available for all the tenants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T08:27:15.513. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/86771053

    1718 S Oxford Avenue Los Angeles (City), CA 90006

    • Price: $1,150,000
    • Status: Active
    • Updated: 75 min ago
    • ID#: 18378184
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,124
    SQFT
    $368
    $/SQFT
    1982
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    1718 South Oxford Apartments is a non-rent controlled, five unit apartment complex, located in the heart of Koreatown. This investment offers an investor a chance to own a property with excellent upside potential and a consistent cash flow by taking advantage of the tight Los Angeles rental market. This property was built in 1982 and has 3,124 square feet of multifamily units sitting on a 5,711 square foot lot.The building's unit mix consists of four one-bedroom/one-bath and one two-bedroom/one-bath town-home style unit. Parking spaces are available for the tenants in the rear of the property. There is also an on-site laundry facility available for all the tenants.
    Exterior Features

    Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling Central Cooling YN Yes Laundry Features None

    Property Features

    Gross Multiplier 17.55 Gross Operating Income 65520.00 Improvements Amount 239175 Insurance Expense 1405.00 Land Value 169860 Laundry Income 1200.00 Laundry YN No Maintenance Expense 2500.00 Net Operating Income 36417.00 Other Expense 1000.00 Professional Management Expense 2590.00 Special Listing Conditions Standard Total Expenses 28338.00 Trash Expense 2280.00 Water Sewer Expense 4843.00 Zoning Lar2

    Listing provided courtesy of Elliot Hassan of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T08:27:15.513. 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. Licensed in the State of California, USA.
     
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