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339 S Oxford Avenue, Los Angeles, CA 90020

Property · 2 recorded sales since 2020

339 S Oxford Avenue, Los Angeles, CA 90020 Sold October 2024 CRMLS
$8,050,000Sold October 2024

Listing Agent: Dario Svidler (DRE #01884474) · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Non-member 999999 · Non-member Office · MLS #24404955 · Source: CRMLS

36
Bedrooms
30
Bathrooms
13,376
Sq Ft
9,010 sqft
Lot Size
2024
Year Built
Property
Type
CentralAir
Cooling
Central
Heating

About this property

The subject property is a luxury, brand new construction, 15 unit apartment complex located in the highly desirable Koreatown submarket of Los Angeles. Ideally situated on Oxford Ave, one block east of Western Ave between 3rd and 4th St, just 3 blocks from the Wilshire/Western Metro Station. This 2024 constructed building has pristine units, an incredible unit mix and an unrelenting rental demand by the strong demographics. The property boasts nine 2 bedroom, 2 bathroom units and six 3 bedroom, 2 bathroom units. Two units are affordable restricted (doesn't preclude you from renting to Section 8 buyer to verify). The property is currently in lease-up. Koreatown's central location, proximity to major job hubs, and diverse array of culinary, entertainment, and cultural options are key draws for renter demand. The area is increasingly evolving into a self-contained neighborhood, where residents can live, work, dine, and play without a car. The densely populated location ensures expeditious lease up and the luxurious units allow for tenant comfort and investor stability. The area has undergone a major economic renaissance during the past couple of decades with development as the driving force. The new apartment and mixed-use developments in the immediate area have provided an overwhelming increase in the demand for high end rental units and retail. The building offers 13 parking spaces and has a rooftop deck. All units have washer and dryers, central air and heat as well as all the modern conveniences of living in a brand new building.

Listing description from the October 2024 sale, as reported to CRMLS.

Sale history

$8,050,000
Sold October 2024 · listed $8,150,000, on market June 2024 · MLS #24404955 · Source: CRMLS
Listing Agent: Dario Svidler · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Non-member 999999 · Non-member Office
$1,575,000
Sold November 2020 · listed $1,700,000, orig. $1,850,000, on market April 2020 · MLS #20571990 · Source: CRMLS
Listing Agent: Daniel Shamooelian · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Daniel Shamooelian · BRC Advisors- BH
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