102 N Oxford Avenue, Los Angeles, California 90004, Los Angeles, 90004 - bed, bath
ACTIVE$1,400,000
102 N Oxford Avenue, Los Angeles, California 90004
0Bed
0Bath
5,517Sqft
7,278Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Quadruplex: The property consists of four 2-bedroom, 1-bathroom units, offering substantial rental income potential and making it an attractive asset for investors.
Top Cons:
Advanced Age of Property: Built in 1922, the property is over a century old, which typically implies a need for significant capital expenditures for structural updates, system modernizations, and general repairs.
Compared to the nearby listings
Price:$1.40M vs avg $1.40M (+$0)50%
Size:5,517 sqft vs avg 3,464 sqft67%
Price/sqft:$254 vs avg $31833%
More Insights
Built in 1922 (103 years old).
Condition: Built in 1922, this property is over a century old with no indication of recent major renovations. The property analysis explicitly notes 'Advanced Age,' 'Potential for Deferred Maintenance,' and 'Lack of Modern Amenities/Features,' suggesting a need for 'significant capital expenditures for structural updates, system modernizations, and general repairs.' The exterior images show an aged building with visible wear and tear, and without interior photos, the text strongly implies outdated kitchens, bathrooms, and overall systems requiring substantial repairs and rehabilitation.
Year Built
1922
Close
-
List price
$1.4M
Original List price
$1.6M
Price/Sqft
$254
HOA
-
Days on market
-
Sold On
-
MLS number
DW25015163
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights
About this home
Fantastic opportunity to add to your Real Estate portfolio. Property offers a total of 4 units each unit consisting of two 2 bedroom 1 bathroom. This property is now available for sale, offering a prime location just minutes from Downtown Los Angeles (DTLA). Situated in a vibrant neighborhood known for its lively nightlife, proximity to freeways, abundant shopping and dining options, this property is a standout choice for an investor or primary occupant seeking to capitalize on the city's bustling urban scene. With its strategic location and strong rental demand, this property promises both immediate and long-term returns. Don't miss this chance to own a piece of LA's dynamic real estate market!
Condition Rating
Poor
Built in 1922, this property is over a century old with no indication of recent major renovations. The property analysis explicitly notes 'Advanced Age,' 'Potential for Deferred Maintenance,' and 'Lack of Modern Amenities/Features,' suggesting a need for 'significant capital expenditures for structural updates, system modernizations, and general repairs.' The exterior images show an aged building with visible wear and tear, and without interior photos, the text strongly implies outdated kitchens, bathrooms, and overall systems requiring substantial repairs and rehabilitation.
Pros & Cons
Pros
Income-Generating Quadruplex: The property consists of four 2-bedroom, 1-bathroom units, offering substantial rental income potential and making it an attractive asset for investors.
Exceptional Location: Situated in a prime Los Angeles neighborhood, minutes from Downtown LA, with vibrant nightlife, convenient freeway access, and abundant shopping and dining options, ensuring strong tenant demand.
Strong Investment Potential: Explicitly highlighted as a 'fantastic opportunity' for a real estate portfolio, promising both immediate and long-term returns due to its strategic location and strong rental market.
Desirable City Lights View: The property boasts city lights views, adding to its aesthetic appeal and potentially increasing its market value and tenant desirability.
Recent Price Adjustment: The list price has been reduced from $1,599,000 to $1,400,000, potentially offering a more competitive entry point for buyers.
Cons
Advanced Age of Property: Built in 1922, the property is over a century old, which typically implies a need for significant capital expenditures for structural updates, system modernizations, and general repairs.
Potential for Deferred Maintenance: Given its age and status as a multi-unit investment property, there is a high likelihood of deferred maintenance or outdated infrastructure that could lead to substantial renovation costs for a new owner.
Lack of Modern Amenities/Features: The description does not specify any recent upgrades or modern amenities across the units (e.g., central air conditioning, updated kitchens/baths), which could limit rental appeal to tenants seeking contemporary living spaces.