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408 S Oxford

Los Angeles, CA 90020
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$8,000,000 $33,728/Mo
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SqFt17,930

Sqft(Lot)

Exceptional RTI (Ready-to-Issue) development opportunity at 408–414 S. Oxford Ave. (APNs: 5503-013-008 & 5503-013-009), totaling 17,930 SF of land, for a 6-story, 40-unit multifamily apartment project in one of Koreatown's most desirable residential neighborhoods. With permits ready to be issued, developers can begin construction immediately, significantly reducing entitlement time, carrying costs, and development risk. Positioned north of Wilshire Blvd., the property enjoys a highly sought-after location known for its wider streets, well-organized street grid, and attractive residential character. Directly across from a supermarket and just moments from Metro stations and public transportation, the site offers outstanding convenience and excellent connectivity throughout Los Angeles. Unlike many urban infill developments, the property is surrounded by well-maintained single-family homes, creating a rare sense of openness, enhanced privacy, abundant natural light, and an inviting residential atmosphere. The thoughtfully designed 6-story project features 40 spacious two-bedroom, two-bathroom residences, with most units offering bedrooms separated by living space rather than sharing a common wall, providing improved privacy, reduced noise transfer, and a superior living experience. The efficient architectural design incorporates a central open-air courtyard that maximizes natural light and cross-ventilation, creating bright, airy interiors and an inviting communal space for residents. This rare shovel-ready development opportunity combines a premier Koreatown location, superior product design, and immediate development readiness, offering developers an exceptional opportunity to deliver a highly competitive multifamily project with strong long-term investment potential.

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Detail Ic Property Details

Property Type : Land

Price : $8,000,000

AD Id : 89066727

MLS Id : AR26169606

Lot Size : 17,930 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 17930 Lot Size Acres: 0.4116 Lot Size Source: PublicRecords Lot Size Square Feet: 17,930

  • Listing Price Information

    Listing Price: $8000000
    CashToNewLoan

  • Tax Information

    Parcel Number: 5503013009 Tax Lot: 49

  • Location Information

    Direction: On S Oxford Ave, between 4th St and 5th St WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
311 S Berendo Street, Los Angeles, CA, 90020 $1,495,000 -- -- -- 7,155 Sqft(Lot)

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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 08/12/2026 @ 00:48

MLS: AR26169606 LISTED BY: Kuangkai Kuo, In Realty Inc. 626-802-0335 SOURCE: CRMLS

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