Property Detail

615 Oxford

Los Angeles CA 90004

$1,395,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Liza Parrilla of Equity Union. Last updated 2026-03-19 08:11:03.000000. Listing information © 2025 CRMLS.

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Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

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"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

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