Property listed by Lyon Stahl Investment Real Estate, Inc., William James 310-425-9838
$2,200,000
We are pleased to present 4053 Oakwood Avenue, a rare 12-unit multifamily investment opportunity strategically located in a high-demand Hollywood enclave, bordered by the vibrant and rapidly appreciating neighborhoods of Larchmont Village, Silver Lake, and Koreatown. This well-maintained, 10,371-square-foot building offers an ideal unit mix of (2) Studios, (5)… Read More One-Bedroom Units, and (5) Two-Bedroom, Two-Bath Units, averaging an impressive 864 square feet per unit. Most units features a private balcony or patio and efficient, tenant-friendly layouts that enhance livability and long-term tenancy. Parking includes 6 tandem spaces and 4 individual spaces. With over 25% rental upside, this offering presents a compelling value-add opportunity for investors seeking strong in-place cash flow with significant near-term growth potential. The property's central location provides tenants with excellent connectivity, just two blocks from the 101 Freeway and the Vermont/Beverly Metro Station, ensuring easy access to DTLA, Hollywood, and beyond. Don't miss the chance to acquire a stable, well-located asset with built-in value and long-term upside in one of L.A.'s most desirable rental corridors. Read Less
Listing Snapshot
Days Online
71
Last Updated
Beds
15
3/4 Baths
17
Square Ft.
10,371
Lot Size
0.23 Acres
Year Built
1963
MLS Number
26922171
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1963, Living area: 10371.0, 1 building, Building faces South, 2 stories, Levels: MultiSplit, Entry level: 1, Construction Materials: Stucco
Community
Gated
Cooling
WallWindowUnits
Exterior Features
Patio/Porch Features: None
Fireplaces
None
Heating
WallFurnace
Income
Gross Income: $254,710, Net Operating Income: $149,875
Lot
0.2274 acres, Dimensions: 50x183, RectangularLot
Parking
10 total parking spaces, AttachedCarport, Assigned, Covered
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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