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Mixed-Use Building with Office Space
New
For Sale
$1,199,000

220 N Oxford Ave, Los Angeles, CA 90004

Residential Income, Los Angeles, CA

Property Size2,717 SF
Lot Size0.15 Acres
Price / SF$441.30
Days on Market2

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 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 5, Bedroom 2, Bathroom 4, Bathroom 3
Parking 6
Parking features Driveway, Assigned
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: Sep 3 Changed: Sep 4 Last Checked: Sep 4 at 10:06PM
MLS# 26983467

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.

This 2,717-square-foot mixed-use building combines commercial space with two residential units. Built in 1919, the property is designated LAC2 and sits on a 0.1507-acre lot. The existing room count includes five bedrooms and five bathrooms, while electric heating and ceiling fan cooling serve the building.

Parking is provided through a driveway and assigned spaces. The property is located at 220 N Oxford Ave in Los Angeles, within the 90004 ZIP code and Los Angeles County. The commercial zoning and mixed-use configuration support evaluation for office, medical, professional, or other permitted applications, subject to buyer verification of use, occupancy, and development requirements.

Key Highlights

  • 2,717‑square‑foot mixed‑use building with commercial space and two residential units
  • LAC2 zoning designation
  • 0.1507‑acre lot at 220 N Oxford Ave, Los Angeles, CA 90004

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
5.38%
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 5.38%
Second Best
Mixed Use
$786.0K
$687.7K – $917.0K (±1% cap)
NOI $55,019 @ 7.0% cap · market cap 4.59%
Theoretical Best
Multifamily LT 5
$55.04M
$48.16M – $64.22M (±1% cap)
NOI $3,853,135 @ 7.0% cap · market cap 321.36%
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

2,848
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercially zoned property with driveway and assigned parking.
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 $1,199,000.
What are key features of this property?
This property features: 2,717‑square‑foot mixed‑use building with commercial space and two residential units; LAC2 zoning designation; 0.1507‑acre lot at 220 N Oxford Ave, Los Angeles, CA 90004
More about this property
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