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 features four 2-bedroom, 1-bathroom units, providing a substantial income stream and making it an excellent asset for a real estate portfolio.
Top Cons:
Age of Property: Built in 1922, the property is likely to require significant capital investment for updates to plumbing, electrical, HVAC systems, and general renovations to meet modern tenant expectations.
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: The property was built in 1922, making it over 100 years old. The listing description provides no information about recent renovations or updates to the interior, kitchens, or bathrooms. The exterior images show a very dated building, consistent with its age, suggesting that major systems and interior finishes are likely original or from a very old renovation (30-50+ years ago). While the property is marketed as an investment opportunity with existing units, the lack of interior details and the significant age strongly indicate that the kitchens, bathrooms, flooring, electrical, and plumbing systems would require substantial repairs, rehabilitation, and modernization to meet current standards and tenant expectations. This aligns with the 'Poor' condition criteria, requiring significant investment beyond minor updates.
Year Built
1922
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$254
HOA
-
Days on market
-
Sold On
-
MLS number
DW25232080
Home ConditionPoor
Features
View-
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
The property was built in 1922, making it over 100 years old. The listing description provides no information about recent renovations or updates to the interior, kitchens, or bathrooms. The exterior images show a very dated building, consistent with its age, suggesting that major systems and interior finishes are likely original or from a very old renovation (30-50+ years ago). While the property is marketed as an investment opportunity with existing units, the lack of interior details and the significant age strongly indicate that the kitchens, bathrooms, flooring, electrical, and plumbing systems would require substantial repairs, rehabilitation, and modernization to meet current standards and tenant expectations. This aligns with the 'Poor' condition criteria, requiring significant investment beyond minor updates.
Pros & Cons
Pros
Income-Generating Quadruplex: The property features four 2-bedroom, 1-bathroom units, providing a substantial income stream and making it an excellent asset for a real estate portfolio.
Prime Los Angeles Location: Situated in a vibrant Mid-Wilshire neighborhood, minutes from Downtown LA, offering excellent access to nightlife, shopping, dining, and major freeways.
Strong Rental Demand: The description explicitly highlights strong rental demand in the area, ensuring consistent occupancy and revenue potential for investors.
Significant Investment Opportunity: Positioned as a strategic acquisition promising both immediate cash flow and long-term appreciation in a dynamic urban market.
Versatile Occupancy Options: Appeals to both pure investors and owner-occupants looking to live in one unit while generating income from the others.
Cons
Age of Property: Built in 1922, the property is likely to require significant capital investment for updates to plumbing, electrical, HVAC systems, and general renovations to meet modern tenant expectations.
Lack of Condition Specifics: The description provides no details on recent upgrades or the current condition of the units, suggesting potential deferred maintenance or an 'as-is' sale requiring buyer due diligence.
Unspecified Parking Availability: In a dense urban area like Los Angeles, the absence of any mention of parking for four units could be a significant drawback for tenants and impact rental desirability.