Building Details

Year Built 1924

Listing Agency: ALLY COMMERCIAL REAL ESTATE

Listed By: RICKIRD REY RAMIREZ

Source: Corcoran

Added: Jun 9, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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Investment Insights

Based on property information with market context.

The property at 881 N Oxford Avenue presents an investment opportunity in the East Hollywood/Melrose Hill area. This 8-unit building consists of eight studios. The property's location, rental demand, and potential for value appreciation may appeal to investors seeking income with long-term growth.

Key Highlights

• Prime location in the thriving East Hollywood/Melrose Hill area.
• Strong rental demand.
• Potential for value appreciation.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Veterinary Clinic Tanning Salon Skin Care Clinic (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.

Location Intelligence

Trade Area within ½ mile

2,634

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property in thriving East Hollywood/Melrose Hill neighborhood.

Where is this apartment building located?

The property is located at 881 Oxford Avenue Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,375,000.

What are key features of this property?

This property features: Prime location in the thriving East Hollywood/Melrose Hill area.; Strong rental demand.; Potential for value appreciation.