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Mixed-Use Building with Office Space
New
For Sale
$1,300,000

220 N Oxford Ave, Los Angeles, CA 90004

MULTI_FAMILY - Los Angeles, CA

Property Size2,717 SF
Lot Size0.15 Acres
Price / SF$478.47
Days on Market1

Property Features for 220 N Oxford Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAC2
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 2
Parking 6
Parking features Assigned, Driveway
Directions South of Beverly Blvd. 1 Block East of Western Ave. North of 3rd Street. West of Normandie Ave.
Subdivision Mid-Wilshire
Standard status Active
APN 5517-010-040
Size 2,717 SF
Lot size 0.15 Acres

Utilities

Heating system Electric (Heating)
Cooling system Ceiling Fan(s)

Building Details

Year built 1919
Floors in Building 1
Number of units 3
Listing Agency: Real Broker
Listed By: Max Lee · License #01905008
Added: Aug 9 Last Checked: Aug 9 at 8:06PM
MLS# 26870311

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 220 N Oxford Ave in Los Angeles, this mixed-use property contains 2,717 square feet on a 0.1507-acre lot. The 1919 building is identified with LAC2 zoning and is configured with commercial space and two residential units. Interior room information identifies five bedrooms and five bathrooms.

Building features include electric heating, ceiling fan cooling, assigned parking, and a driveway. The property is in Los Angeles County and carries the 90004 postal code, providing a defined urban location for its combined commercial and residential configuration.

Key Highlights

  • 2,717‑square‑foot mixed‑use property at 220 N Oxford Ave, Los Angeles, CA 90004
  • 0.1507‑acre lot with a 1919‑built structure
  • Commercial space configured alongside two residential units

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$64,491
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.96%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,289,820 $1.3M
Cap Rate 7%
$921,300 $921.3K
Cap Rate 9%
$716,567 $716.6K
Market Conditions
NOI Build-Up for 2,717 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$105.6K $38.88/SF
− Vacancy
−$19.6K −$7.23/SF
EGI
$86.0K $31.65/SF
− OpEx
−$21.5K −$7.91/SF
NOI
$64.5K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,289,820
Cap Rate 7%
$921,300
Cap Rate 9%
$716,567

Alternative Uses

Best Use
Office B
$921.3K
$806.1K – $1.07M (±1% cap)
NOI $64,491 @ 7.0% cap · market cap 4.96%
Second Best
Mixed Use
$786.0K
$687.7K – $917.0K (±1% cap)
NOI $55,019 @ 7.0% cap · market cap 4.23%
Theoretical Best
Multifamily LT 5
$55.04M
$48.16M – $64.22M (±1% cap)
NOI $3,853,135 @ 7.0% cap · market cap 296.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Style94 Custom T-Shirt Store

Suggested Use

Top Pick Carpet & Flooring Store Nursing Home Tanning Salon Veterinary Clinic Buffet Garden Center

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

Location Intelligence

Trade Area within ½ mile

2,388
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines commercial space with two residential units in a single building.
Where is this mixed-use property located?
The property is located at 220 N Oxford Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 2,717‑square‑foot mixed‑use property at 220 N Oxford Ave, Los Angeles, CA 90004; 0.1507‑acre lot with a 1919‑built structure; Commercial space configured alongside two residential units
More about this property
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