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852 N Oxford Avenue

Los Angeles, CA 90029
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Bed 4

Bed

Bath 8

Bath

SqFt4,220

Sqft

SqFt5,017

Sqft(Lot)

Attractive 8-unit Hollywood apartment asset currently operating at a strong 6.1% cap rate, offering compelling in-place cash flow with multiple paths to further NOI growth. Most notably, one legacy one-bedroom tenancy is currently paying just $477/month versus an estimated market rent of approximately $2,095/month. Upon lawful turnover and re-leasing at market, this single unit alone would increase the property's cap rate to approximately 7.0%. Ideally located just north of Melrose Avenue in a high-demand, walkable rental pocket near major employment centers, hospitals, transit, dining, and significant ongoing development. The property has been well maintained and recently improved with a new roof and newly remodeled common areas, reducing near-term capital requirements while enhancing the overall tenant experience and curb appeal. Additional upside exists through parking and ancillary income. Several tenants pay separate parking fees that are not subject to rent control, while the garages are currently underutilized, creating further opportunity to increase NOI. The property also offers meaningful development upside. ADU plans were previously RTI and are designed above the existing parking area, allowing an additional unit to be constructed while maintaining parking and potentially adding nearly $2,000/month in rental income. A large existing basement may provide an additional future conversion opportunity, subject to buyer investigation and applicable approvals. A rare opportunity to acquire a well-maintained Hollywood asset with a strong 6.1% going-in yield, a clear path to approximately 7.0% from a single unit turnover, limited near-term capital needs, and multiple additional value-add opportunities.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,895,000

AD Id : 89392594

MLS Id : 26833687

Beds : 4

Lot Size : 5,017 Sqft

Living Area Size : 4,220

Year Built : 1923

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 8
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1923
    Building Area Total: 4220
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 5017 Lot Size Acres: 0.1152 Lot Size Square Feet: 5,017

  • Listing Price Information

    Listing Price: $1895000
    Original Price: $1995000

  • Tax Information

    Parcel Number: 5535027004

  • Location Information

    Direction: From Western Ave., turn east onto Lemon Grove, then turn south onto Oxford. The property is mid-block on the left-hand side.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1209 Hyperion Avenue, Los Angeles, CA, 90029 $1,129,000 -- -- 2,945 2,945 SqFt
1125 Sanborn Avenue, Los Angeles, CA, 90029 $1,769,000 3 3 1,977 1,977 SqFt
4308 Gateway Ave, Los Angeles, CA, 90029 $1,950,000 -- -- 3,444 3,444 SqFt
4326 Gateway Avenue, Los Angeles, CA, 90029 $1,675,000 4 -- 3,237 3,237 SqFt
905 Sanborn Avenue, Los Angeles, CA, 90029 $1,900,000 8 8 5,977 5,977 SqFt
832 Hyperion Avenue, Los Angeles, CA, 90029 $2,250,000 10 6 4,785 4,785 SqFt
1000 Myra Avenue, Los Angeles, CA, 90029 $1,695,000 3 3 1,513 1,513 SqFt
1222 N Virgil Avenue, Los Angeles, CA, 90029 $998,000 3 3 1,865 1,865 SqFt
760 N Arthur Road, Los Angeles, CA, 90029 $1,995,000 3 3 2,538 2,538 SqFt
4523 Lexington Avenue, Los Angeles, CA, 90029 $1,075,000 3 2 1,184 1,184 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/14/2026 @ 12:14

MLS: 26833687 LISTED BY: Armin Soleimani, Global Platinum Properties, Inc. 424-394-1030 SOURCE: CRMLS

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