1718 S Oxford Avenue

    Los Angeles (City), CA 90006
    • $1,150,000
    • STATUS: Active Under Contract
    • ON SITE: 111 days
    • ID#: 18378184
    Under Contract
    UPDATED: 63 min ago
    $1,150,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,124
      SQFT
    • $368
      $/SQFT
    Neighborhood:
    Mid Los Angeles (C16)
    Type:
    Multi-Family
    Built:
    1982
    County:
    Los Angeles
    Area:
    Mid Los Angeles (C16)

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    Description

    1718 South Oxford Apartments is a non-rent controlled, five unit apartment complex, located in the heart of Koreatown. This investment offers an investor a chance to own a property with excellent upside potential and a consistent cash flow by taking advantage of the tight Los Angeles rental market. This property was built in 1982 and has 3,124 square feet of multifamily units sitting on a 5,711 square foot lot.The building's unit mix consists of four one-bedroom/one-bath and one two-bedroom/one-bath town-home style unit. Parking spaces are available for the tenants in the rear of the property. There is also an on-site laundry facility available for all the tenants.

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    Based on information from CARETS as of 2018-12-12T11:44:24.697. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/86778737

    1718 S Oxford Avenue Los Angeles (City), CA 90006

    • Price: $1,150,000
    • Status: Active Under Contract
    • Updated: 63 min ago
    • ID#: 18378184
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,124
    SQFT
    $368
    $/SQFT
    1982
    Built
    Neighborhood:
    Mid Los Angeles (C16)
    County:
    Los Angeles
    Area:
    Mid Los Angeles (C16)
    Property Description
    1718 South Oxford Apartments is a non-rent controlled, five unit apartment complex, located in the heart of Koreatown. This investment offers an investor a chance to own a property with excellent upside potential and a consistent cash flow by taking advantage of the tight Los Angeles rental market. This property was built in 1982 and has 3,124 square feet of multifamily units sitting on a 5,711 square foot lot.The building's unit mix consists of four one-bedroom/one-bath and one two-bedroom/one-bath town-home style unit. Parking spaces are available for the tenants in the rear of the property. There is also an on-site laundry facility available for all the tenants.
    Exterior Features

    Parking Spaces Total 6 Parking Type Parking Space

    Interior Features

    Appliances None Cooling Type Central A/C Heating Type Central Furnace Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Partially Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 1 Unit Number Of Bed05 2

    Property Features

    Adjusted Gross Income 66720.00 Assessed Improvement Value 239175.00 Assessed Land Value 169860.00 Country United States Of America Expense Insurance 1405.00 Expense Maintenance 2500.00 Expense Management 2590.00 Expense Other 1000.00 Expense Tax 13720.00 Expense Total Annual 28338.00 Expense Trash 2280.00 Expense Water 4843.00 Gross Operating Income 65520.00 Gross Rent Multiplier 17.55 Hoa YN N Laundry Income 1200.0 Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 36417.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 985.00 Unit Monthly Rent02 1025.00 Unit Monthly Rent03 975.00 Unit Monthly Rent04 1025.00 Unit Monthly Rent05 1450.00 Unit Projected Total Monthly Rent01 1550.00 Unit Projected Total Monthly Rent02 1550.00 Unit Projected Total Monthly Rent03 1550.00 Unit Projected Total Monthly Rent04 1550.00 Unit Projected Total Monthly Rent05 2100.00 Unit Total Monthly Rent01 985.00 Unit Total Monthly Rent02 1025.00 Unit Total Monthly Rent03 975.00 Unit Total Monthly Rent04 1025.00 Unit Total Monthly Rent05 1450.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 5 Zoning Lar2

    Listing provided courtesy of Elliot Hassan DRE#01481211 of Marcus & Millichap.


    Based on information from CARETS as of 2018-12-12T11:44:24.697. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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