4-Bedroom ResidentialIncome — 852 N Oxford Avenue, Los Angeles, CA
$1,995,000
852 N Oxford Avenue, Los Angeles, CA
About this property
Attractive 8-unit Hollywood apartment asset currently operating at a 6.0% cap rate with a clear, low-execution path to a 7.0% pro forma cap through operational improvements. Ideally located just north of Melrose Avenue in a high-demand, walkable rental pocket near major employment centers, transit, hospitals, and significant ongoing development. Multiple tenants pay separate parking fees that are not subject to rent control and are currently below market, offering immediate NOI upside. Former RTI ADU plans (expired but easily re-approved), and a large basement create additional potential for future rental or storage income (buyer to verify). Excellent curb appeal, well-maintained common areas, and scalable operational profile. A rare opportunity to acquire a small-scale Hollywood asset with real cash flow today and multiple built-in value-add levers.
Property details
Location
852 N Oxford Avenue • Los Angeles, CA 90029
Listed by
Armin Soleimani · Global Platinum Properties, Inc.