1110 1124 S Oxford ST, Los Angeles, CA 90006

Property Description

Exceptional investment opportunity to acquire the Oxford & 11th Street Portfolio, consisting of 24 residential units within 12 duplex buildings situated on three separate assessor parcels in Los Angeles. The portfolio encompasses approximately 35,240 square feet of building area on 32,677 square feet of land, featuring 108 rentable bedrooms and 48 on-site parking spaces, providing a ratio of two parking spaces per residential unit. All three parcels are offered exclusively as one portfolio and must be purchased together; individual parcel sales will not be considered. The portfolio consists of: (1) 1110-1116 S. Oxford Avenue (APN 5080-013-051), featuring 8 units within 4 duplex buildings, approximately 11,920 SF of improvements on 10,941 SF of land, with 16 parking spaces; (2) 1118-1124 S. Oxford Avenue (APN 5080-013-052), featuring 8 units within 4 duplex buildings, approximately 11,920 SF of improvements on 10,921 SF of land, with 16 parking spaces; and (3) 3122-3128½ W. 11th Street (APN 5080-013-053), featuring 8 units within 4 duplex buildings, approximately 11,400 SF of improvements on 10,815 SF of land, with 16 parking spaces. The portfolio currently generates approximately $527,000 in annual scheduled rental income at approximately 40% leased-bedroom occupancy, prese