NOT LISTED FOR SALE
7 Beds
5 Baths
3,124 Sq Ft
5,712 Sq Ft Lot

Last Sold January 03, 2019

Last sale price $1,100,000 $352 Per Sq Ft

104 Days on Market

About This Home

As of January 2019

1718 South Oxford Apartments is a non-rent controlled, five unit apartment complex, located in the heart of Koreatown. This investment offers an investor a chance to own a property with excellent upside potential and a consistent cash flow by taking advantage of the tight Los Angeles rental market. This property was built in 1982 and has 3,124 square feet of multifamily units sitting on a 5,711 square foot lot.The building's unit mix consists of four one-bedroom/one-bath and one two-bedroom/one-bath town-home style unit. Parking spaces are available for the tenants in the rear of the property. There is also an on-site laundry facility available for all the tenants.

Last Agent to Sell the Property

Elliot Hassan

NorthMarq Realty Services, Inc. License #01481211 Listed on: 08/15/2018

Last Buyer's Agent

Elliot Hassan

NorthMarq Realty Services, Inc. License #01481211 Listed on: 08/15/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 5,712

Parking

  • 6 Parking Spaces

Interior Spaces

  • 3,124 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • 5,712 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 5074-017-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3124
  • Stories: 2
  • Year Built: 1982
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 368.12

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Expense: 4843.00

Fee Information

  • Insurance Expense: 1405.00
  • Maintenance Expense: 2500.00
  • Management Expense: 2590.00
  • Other Expense: 1000.00
  • Trash Expense: 2280.00

Lot Info

  • Assessed Improvement Value: 239175
  • Assessed Land Value: 169860
  • Assessor Parcel Number: 5074-017-002
  • Geocode Override: No
  • Lot Size Area: 5712

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 17.55
  • Number Of Units: 5
  • Total Annual Expense: 28338
  • Type Of Units: Income
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 13720.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2019 01/03/19 Sold $1,100,000 -4.3% $352 / Sq Ft
09/27/2018 09/27/18 Price Changed $1,150,000 -11.5% $368 / Sq Ft
08/15/2018 08/15/18 For Sale $1,300,000 -- $416 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-378184

The MLS