Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

3,564 sqft

Lot size

5,520 sqft

Year built

1962

Stories

2

Style

See Remarks

Cooling

Wall/Window Unit(s)

Status

Active

Days on market

138

MLS #

242220957

About this property

We present a well-maintained fourplex investment opportunity ideally located in prime Koreatown, one of Los Angeles' most dynamic and high-demand neighborhoods. With a solid 4.32% CAP rate and a GRM of 14.74, this asset offers stable income and long-term growth potential. The unit mix includes one (3bd+2ba), one (2bd+2ba+den), one (2bd+1ba) and one (1bd+1ba). The building features fresh exterior paint, separate gas and electric meters, washer and dryer hookups in each unit, and 5 covered car parking spaces. All units are fully occupied. This is a rare opportunity to acquire a well-performing, low-maintenance asset in one of LA's most resilient and accessible submarkets in addition to proximity to major transit lines, markets, shopping, and dining supports strong rental demand and low vacancy.

Location

1132 S Oxford Avenue

Los Angeles, Los Angeles, CA, 90006