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10-Unit Apartment Building
For Sale
$1,950,000

1069 N Oxford Ave, Los Angeles, CA 90029

Occupied one- and two-bedroom apartments with on-site parking support an urban multifamily configuration.

Property Size7,796 SF
Lot Size0.21 Acres
Price / SF$250.13
Days on Market48

Property Features for 1069 N Oxford Ave

General Information

Standard status Active
Size 7,796 SF
Total Parking Spaces 13
Lot size 0.21 Acres
Property subtype MULTI_FAMILY
Zoning LARD1.5
Occupancy 100%

Financials

Asking Price $1,950,000
Cap Rate 5.93%
Average Monthly Rent $1,612

Units

Unit Mix 7 x 1BR/1BA, 3 x 2BR/2BA
Multifamily Units 10

Building Details

Building Size 7,796 SF
Year Built 1959
Buildings 1
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Taylor Avakian · License #02060040
Source: Benbelack
Added: Jun 19 Changed: Aug 5 Last Checked: Aug 5 at 5:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

Built in 1959, this 10-unit apartment property contains 7,796 SF on a 9,017 SF LARD1.5 lot. The unit mix includes seven one-bedroom, one-bath apartments and three two-bedroom, two-bath apartments, with an average unit size of 780 SF. The property also provides 13 on-site parking spaces.

All units are occupied, and current rents are below the stated market range. In-place rents average $1,612 per month, while market rents are identified at $2,150 to $2,717. The property is located at 1069 N Oxford Ave in Los Angeles, one block from the Hancock Park border and near Larchmont Village.

The reported in-place cap rate is 5.93%, with a 9.90% pro forma cap rate and 14.48% cash-on-cash return presented as rents adjust through turnover.

Key Highlights

  • 10‑unit multifamily property totaling 7,796 SF
  • Unit mix includes 7 one‑bedroom/one‑bath and 3 two‑bedroom/two‑bath apartments
  • 13 on‑site parking spaces

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Veterinary Clinic Tanning Salon Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,428
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Occupied one- and two-bedroom apartments with on-site parking support an urban multifamily configuration.
Where is this apartment building located?
The property is located at 1069 N Oxford Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 10‑unit multifamily property totaling 7,796 SF; Unit mix includes 7 one‑bedroom/one‑bath and 3 two‑bedroom/two‑bath apartments; 13 on‑site parking spaces
More about this property
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