472 N Oxford Ave, Los Angeles, CA 90004
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472 N Oxford Ave Los Angeles, CA 90004

$1,025,000
  • 4 Beds
  • 3 Baths
  • 1,826 Sq.Ft.
For Sale
$1,025,000 Get Pre-Qualified

Map preview of 472 N Oxford Ave, Los Angeles, CA 90004

Property Overview: 472 N Oxford Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 1,826 living square feet and 5,698 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: This income property in a dynamic Mid-Wilshire location at the center of a thriving community is a wonderful investment opportunity. Built in 1918 this duplex has 1,826+/- sq.ft. on 5,698 sq.ft. lot with LAR3 zoning. The duplex consists of (1) 3bd/2bth unit and (1) 1bd/1bth unit - tenants pay their own utilities. The property offers the charm of 1918 California Bungalow with the front house featuring a arched entry, front porch, and fireplace. The spacious outdoor space also has a long driveway for ample parking, and low-maintenance grounds. This prime location is close to all that Mid-Wilshire and Koreatown have to offer. In close proximity to the Wilshire/Vermont Metro Station, the Metro B Line (Red), and DASH - and just moments from the 101 and 110 freeways providing easy access to get around the city. The business rich Mid-Wilshire area is highly desirable for rentals with consistent demand for housing, surrounded by the diverse and robust Los Angeles economy - all help to maintain and grow the vibrant population. This premier duplex brings established residential tenants in a booming market for long term growth or may offer the opportunity for adding an Accessory Dwelling Unit or the development of a new project.

Listed by Edward Barrios | BRE #01472267 | Vista Sotheby's International Realty
Last checked: 15 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
5,698
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Duplex
Status
Active
MLS#
PV24113754
City
Los Angeles
County
Los Angeles
Time on Site
106 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.15%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $37,800
  • Net Operating Income: $32,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,500
  • New Taxes: $12,800
  • Trash: $0
  • Insurance: $1,200

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Property Details for 472 N Oxford Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Carpet, Laminate
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Awning(s)
  • Has Fence
  • Brick, Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5521016031
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: From Western Avenue, turn East onto Maplewood Avenue, then turn South onto Oxford Avenue.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 472 N Oxford Ave

Last sold for $155,000 on June 21st, 1995
  • June, 2024

  • Jun 4, 2024

    Date

    Active

    CRMLS: PV24113754

    $1,025,000

    Price

  • June, 1995

  • Jun 21, 1995

    Date

    Sold (Public Records)

    Public Records

    $155,000

    Price

  • November, 1994

  • Nov 2, 1994

    Date

    Sold (Public Records)

    Public Records

    $119,000

    Price

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Tax History for 472 N Oxford Ave

Assessed Value (2020): $405,223
Year Land Value Improved Value Assessed Value
2020 $303,922 $101,301 $405,223

Home Value Compared to the Market

This property vs the competition

472 N Oxford Ave is listed 14.58% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $561.34 per/sqft which puts the price per square foot 26.91% lower than the median price per square foot for the city of Los Angeles.

About 472 N Oxford Ave

Detailed summary of property

472 N Oxford Ave is a duplex located in Los Angeles, CA 90004 and is currently for sale. This duplex offers 4 bedrooms, 3 bathrooms, roughly 1,826 living square feet, and sits on an approximately 5,698 square foot lot. 472 N Oxford Ave was first listed on ArdentRealEstateGroup.com on June 5, 2024. The homeowner is currently asking $1,025,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 14.58% lower than the median priced home. Local competing homes currently for sale include 912 N Wilton Pl, 5154 Romaine St and 4307 Clinton St. While the average home in Los Angeles, CA is selling in 106 days, 472 N Oxford Ave has a days on market of 63 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 472 N Oxford Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 472 N Oxford Ave

Public county record property details
Beds
4
Baths
3
Year built
1918
Sq. Ft.
1,826
Lot Size
5,697
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
63,65
APN
5521-016-031

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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Related Resources to 472 N Oxford Ave

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.