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1000 N Oxford Ave, Los Angeles, CA 90029
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1000 N Oxford Ave Los Angeles, CA 90029

$1,575,000
  • 8 Beds
  • 8 Baths
  • 5,350 Sq.Ft.
For Sale
$1,575,000 Get Pre-Qualified
Map preview of 1000 N Oxford Ave, Los Angeles, CA 90029

Property Overview: 1000 N Oxford Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 5,350 living square feet and 4,200 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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 Nicole Apostolos | BRE #01464936 | Equity Union
Last checked: 14 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 67
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Home details

Lot Sq. Ft
4,200
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24360141
City
Los Angeles
County
Los Angeles
Time on Site
65 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,209
  • Total Rent: $4,838
  • Pro Forma/Market Rent: $8,400
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,141
  • Total Rent: $2,282
  • Pro Forma/Market Rent: $5,400
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,329
  • Total Rent: $2,659
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.23%
  • Gross Rent Multiplier: 13.42
  • Gross Scheduled Income: --
  • Net Operating Income: $82,368
  • Gross Operating Income: $117,348
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1000 N Oxford Ave

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Property Details for 1000 N Oxford Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 8
  • Parcel Number: 5536025028
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located in East Hollywood, near Santa Monica Blvd. and Western Ave., on the corner of Romaine St. and Oxford Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 1000 N Oxford Ave

Last sold for $375,000 on July 17th, 2002

  • February, 2024

  • Feb 20, 2024

    Date

    Active

    CRMLS: 24360141

    $1,575,000

    Price

  • September, 2021

  • Sep 9, 2021

    Date

    Active

    CRMLS: 21781602

    $1,875,000

    Price

  • Listing provided courtesy of CRMLS

    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. All units are separately metered for gas & electricity and have separate H20 heaters! Some of the plumbing has been upgraded to copper. The neighborhood is deemed a "very walkable" neighborhood with a walk score of 92 out of 100! It is located 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 start construction in 2023! The property has tremendous rental upside! PLEASE do not disturb tenants.

  • February, 2019

  • Feb 8, 2019

    Date

    Canceled

    CRMLS: 18381954

    $1,519,000

    Price

  • Sep 14, 2018

    Date

    Active

    CRMLS: 18381954

    $1,519,000

    Price

  • Listing provided courtesy of CRMLS

    Situated just south of Santa Monica Blvd. near Western sits 1000 N. Oxford Ave., an 8-unit apartment building in the heart of a residential neighborhood. Measuring 4,199 sqft on a 5,350 sqft lot, it features two single units, four 1+1's and two 2+1 units. Located at the edge of Hollywood, this address is moments from the 101 freeway, Koreatown, and Downtown LA which provides for a new, higher paying, young professional tenant base. It is near major education & employment centers such as LACC, Kaiser Hospital and various movie studios and post-production houses. Because of the wonderful location, it is highly sought after by tenants so vacancies in this area are minimal. This building is an excellent opportunity for an experienced apartment manager to purchase and realize the tremendous rental income potential this property has to offer. The property features separately metered for gas & electricity with separate hot water heaters, excluding 2 units.

  • July, 2002

  • Jul 17, 2002

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

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Tax History for 1000 N Oxford Ave

Assessed Value (2020): $496,603
Year Land Value Improved Value Assessed Value
2020 $231,747 $264,856 $496,603

Home Value Compared to the Market

This property vs the competition

1000 N Oxford Ave is listed 26.1% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $294.39 per/sqft which puts the price per square foot 61.87% lower than the median price per square foot for the city of Los Angeles.

About 1000 N Oxford Ave

Detailed summary of property

1000 N Oxford Ave is a multi family located in Los Angeles, CA 90029 and is currently for sale. This multi family property offers 8 bedrooms, 8 bathrooms, roughly 5,350 living square feet, and sits on an approximately 4,200 square foot lot. 1000 N Oxford Ave was first listed on ArdentRealEstateGroup.com on February 22, 2024. The homeowner is currently asking $1,575,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 26.1% higher than the median priced home. Local competing homes currently for sale include 812 N Van Ness Ave, 1120 N Van Ness Ave and 716 N Van Ness Ave. While the average home in Los Angeles, CA is selling in 97 days, 1000 N Oxford Ave has a days on market of 67 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 1000 N Oxford Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1000 N Oxford Ave

Public county record property details
Beds
6
Baths
6
Year built
1928
Sq. Ft.
5,350
Lot Size
4,199
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5536-025-028

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$711,000
Median Sold Price/Sq.Ft.
$652
Total Inventory
32
Median Sale to List Price %
102.3%
Avg Days on Market
8
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Recently Sold Homes Near 1000 N Oxford Ave

5380 Romaine St, Los Angeles, CA 90029
$2,400,000 Last Sold Price
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16 Baths
8760 Sq.Ft.
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1020 N Oxford Ave, Los Angeles, CA 90029
$2,050,000 Last Sold Price
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-- Sq.Ft.
1020 N Oxford Ave
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943 N Oxford Ave, Los Angeles, CA 90029
$9,400,000 Last Sold Price
44 Beds
33 Baths
23763 Sq.Ft.
943 N Oxford Ave
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939 N Oxford Ave, Los Angeles, CA 90029
$2,030,000 Last Sold Price
14 Beds
11 Baths
7462 Sq.Ft.
939 N Oxford Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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