Sold
339 S Oxford Ave
Los Angeles CA, 90020
$8,050,000
$601.82 per sqft
Sold
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
November 22, 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
42
Garage
No
Parking
Assigned, Controlled Entrance, Gated
Parking Total
13
View
No
County
Los Angeles
Pool
No
Zoning
R3-1 Tier 3
Listing History
Date | Event | Price |
---|---|---|
10/31/2024 | Sold | $8,050,000 |
9/13/2024 | Under contract | — |
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 Beachrock Group 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 11/22/2024