630 Oxford Ave Los Angeles, CA 90004-1713

Property Details for 630 Oxford Ave

Lot size

0.28 lot acres

Zone code

LAR3

Property type

High-rise multifamily apartments

APN

5521-003-053

APU

5521003053

Description

This exceptional multifamily investment opportunity presents a nearly completed, 28-unit apartment building in the vibrant Los Angeles neighborhood of Los Feliz. Boasting approximately 31,561 square feet and a striking 67-foot height, this 2024-built property is currently under construction, with 80% completion. The building features a mix of 26 two-bedroom and two three-bedroom units, offering substantial rental income potential. Residents will enjoy ample parking with 44 spaces and 30 bicycle stalls. Building amenities include a well-equipped gym and expansive roof decks totaling 2,558 square feet, providing attractive living spaces. Situated on a 12,141 square foot lot, this property benefits from its prime location just south of Melrose Hill, a rapidly developing area known for its cultural richness and proximity to Los Feliz, Larchmont, and Koreatown. The area's diverse population and recent influx of young professionals create a strong rental market. This is a rare chance to acquire a nearly finished, high-quality apartment building in a highly desirable and rapidly appreciating Los Angeles location. The property is currently vacant, allowing for immediate occupancy and income generation upon completion. Broker co-op is available.