852 N Oxford Avenue
Property Overview
Attractive 8-unit Hollywood apartment asset currently operating at a 6.0% cap rate with a clear, low-execution path to a 7.0% pro forma cap through operational improvements. Ideally located just north of Melrose Avenue in a high-demand, walkable rental pocket near major employment centers, transit, hospitals, and significant ongoing development. Multiple tenants pay separate parking fees that are not subject to rent control and are currently below market, offering immediate NOI upside. Former RTI ADU plans (expired but easily re-approved), and a large basement create additional potential for future rental or storage income (buyer to verify). Excellent curb appeal, well-maintained common areas, and scalable operational profile. A rare opportunity to acquire a small-scale Hollywood asset with real cash flow today and multiple built-in value-add levers.
Home Details
- Property type
- Residential Income
- Year built
- 1923
- Living area
- 4,220 sq ft
- Lot size
- 5,017 sq ft
- Stories
- 2
- Days on market
- 8
- MLS status
- Active
- Zoning
- LAR1
Features & Amenities
Parking
- Private
Location & Neighborhood
Frequently Asked Questions About 852 N Oxford Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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