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    852 N Oxford Avenue

    Los Angeles (City), CA 90029
    • $1,899,000
    • STATUS: Pending
    • ON SITE: 71 days
    • ID#: PW21006169
    Pending
    UPDATED: 48 min ago
    $1,899,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,220
      SQFT
    • $450
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    First time on the market...Terrific opportunity to own an income producing 8 unit multifamily investment property located in the Hollywood area just south of Santa Monica Blvd. and north of Melrose Avenue. Convenient to shopping, transportation, banking, schools, restaurants, and Paramount Studios.There are 5 studio apartments, and 3 one bedroom, 1 bath apartments. Amenities include entry doors to each apartment are from the famous Ambassador Hotel (imagine the stories they could tell if they could talk), tile countertops, refrigerators, stoves, hardwood flooring, either wall heat units, & wall air conditioners, or split A/C/heat units, and an abundance of windows allowing sunlight to filter through each unit. Other features nice to have are 3 single garages, 1 additional uncovered parking space, a separate laundry room with 2 coin-operated washing machines and 2 coin-operated dryers.Tenants are responsible for their own utilities with the exception of water, & sewer. There is a resident manager that oversees the property for the owner PLEASE NOTE: This listing is also listed as a commercial listing with Listing ID: PW20263398. FYI: There are 9 electric meters and 9 gas meters.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-21T21:29:50.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/114061222
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    852 N Oxford Avenue Los Angeles (City), CA 90029

    • Price: $1,899,000
    • Status: Pending
    • Updated: 48 min ago
    • ID#: PW21006169
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    4,220
    SQFT
    $450
    $/SQFT
    1923
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    First time on the market...Terrific opportunity to own an income producing 8 unit multifamily investment property located in the Hollywood area just south of Santa Monica Blvd. and north of Melrose Avenue. Convenient to shopping, transportation, banking, schools, restaurants, and Paramount Studios.There are 5 studio apartments, and 3 one bedroom, 1 bath apartments. Amenities include entry doors to each apartment are from the famous Ambassador Hotel (imagine the stories they could tell if they could talk), tile countertops, refrigerators, stoves, hardwood flooring, either wall heat units, & wall air conditioners, or split A/C/heat units, and an abundance of windows allowing sunlight to filter through each unit. Other features nice to have are 3 single garages, 1 additional uncovered parking space, a separate laundry room with 2 coin-operated washing machines and 2 coin-operated dryers.Tenants are responsible for their own utilities with the exception of water, & sewer. There is a resident manager that oversees the property for the owner PLEASE NOTE: This listing is also listed as a commercial listing with Listing ID: PW20263398. FYI: There are 9 electric meters and 9 gas meters.
    Exterior Features

    Lot Features Near Public TransitPavedSloped UpWalkstreet Number Of Separate Electric Meters 9 Open Parking Spaces 1 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls Cooling See RemarksWall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating See RemarksWall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.1 Common Interest None Community Features CurbsStorm Drain(S)Street LightsSidewalks Contingency None Current Financing None Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 95136 Gross Scheduled Income 95136 Insurance Expense 0 Land Lease YN No Laundry Features Common AreaSee Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 61839 New Construction YN No New Taxes Expense 24394 Number Of Separate Gas Meters 9 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 33297 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tax Annual Amount 24394 Tax Year 2021 Tenant Pays Cable TvElectricityGas Total Actual Rent 51936 Trash Expense 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedOverhead Utilities Water Sewer Expense 0 Water Source Public Zoning Lar1

    Listing provided courtesy of Roseann Oesterreich of Coldwell Banker Alliance


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-21T21:29:50.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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    Temecula CA, 92592