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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.
Property Type(s):
Residential Income
| Last Updated | 3/2/2026 | Year Built | 1919 |
|---|---|---|---|
| Community | C17 - Mid-Wilshire | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Range, Microwave, Refrigerator |
| AREA | C17 - Mid-Wilshire |
| HEAT | Central |
| LOT | 6756 sq ft |
| LOT DIMENSIONS | 6757 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
Location
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Listed with Equity Union
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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