Active

339 S Oxford Ave

Los Angeles CA, 90020

$8,150,000


$609.30 per sqft

Active

36 Beds

30 Baths

13,376 sqft

Multi-family

Built in 2024

The subject property is a luxury, brand new construction, 15 unit apartment complex located in the highly desirable Koreatown submarket of Los Angeles. Ideally situated on Oxford Ave, one block east of Western Ave between 3rd and 4th St, just 3 blocks from the Wilshire/Western Metro Station. This 2024 constructed building has pristine units, an incredible unit mix and an unrelenting rental demand by the strong demographics. The property boasts nine 2 bedroom, 2 bathroom units and six 3 bedroom, 2 bathroom units. Two units are affordable restricted (doesn't preclude you from renting to Section 8 buyer to verify). The property is currently in lease-up. Koreatown's central location, proximity to major job hubs, and diverse array of culinary, entertainment, and cultural options are key draws for renter demand. The area is increasingly evolving into a self-contained neighborhood, where residents can live, work, dine, and play without a car. The densely populated location ensures expeditious lease up and the luxurious units allow for tenant comfort and investor stability. The area has undergone a major economic renaissance during the past couple of decades with development as the driving force. The new apartment and mixed-use developments in the immediate area have provided an overwhelming increase in the demand for high end rental units and retail. The building offers 13 parking spaces and has a rooftop deck. All units have washer and dryers, central air and heat as well as all the modern conveniences of living in a brand new building.

24-404955

MLS ID

June 17, 2024

Listed

July 13, 2024

Updated

Map

339 S Oxford Ave
Los Angeles CA, 90020

Interior Features

Total Stories

4


Bedrooms

36


Total Bathrooms

30


Appliances

Other


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.21 Acres

Other Property Details

Area Name

Mid-Wilshire


Days on Market

8


Garage

No


Parking

Assigned, Controlled Entrance, Gated


Parking Total

13


View

No


County

Los Angeles


Pool

No


Zoning

R3-1 Tier 3

Listed by Dario Svidler with Keller Williams Beverly Hills
Listing Contact: 424-600-7633 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor DPP Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/13/2024

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