538 S Oxford Avenue, Los Angeles, CA 90020
538 S Oxford Avenue, Los Angeles, CA 90020
538 S Oxford Avenue, Los Angeles, CA 90020
14
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$4,950,000
Est. payment /mo
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17,280 SqFt
Pending

538 S Oxford Avenue Los Angeles, CA 90020

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Pending

Purchase Type For Sale

Square Footage 17,280 sqft

Price per Sqft $286

MLS Listing ID CL26640663

HOA Y/N No

Year Built 1966

Lot Size 9,010 Sqft

Acres 0.21

Property Sub-Type Comm Ind For Sale

Property Description

Located in one of Koreatown's most desirable pockets, 538 S Oxford Avenue presents a rare chance to acquire a high performing asset with substantial upside in one of Los Angeles's most dynamic rental markets. This 24-unit building sits just moments from the area's top dining, retail, and transportation amenities, making it a highly coveted address that consistently attracts strong tenant demand. Constructed in 1966, the property features an efficient and highly leasable unit mix of (3) Singles and (21) One-bedroom apartment homes, totaling approximately 17,280 SF of improvements. The building is fully parked, an increasingly hard-to-find advantage in Koreatown that provides added convenience for residents while enhancing long-term value for ownership. Priced at $4,950,000, the offering equates to an attractive $206,000 per unit and a price per square foot well below replacement cost, creating a compelling basis in a core LA location. The asset also delivers an impressive 5.08% cap rate on actual income, with a clear path to nearly 10% cap rate at market rents. This combination of low entry basis and extraordinary rent upside is seldom seen in today's market. Well-located, well-parked, and primed for repositioning, 538 S Oxford checks every box for value-add investors. With Koreat

Location

State CA

County Los Angeles

Zoning LAR4

Interior

Interior Features Elevator

Fireplace No

Exterior

Total Parking Spaces 23

Building

New Construction No

Others

Tax ID 5503020004

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Shaya Braverman • Keller Williams Beverly Hills

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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538 S Oxford Avenue

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