321 S Oxford Avenue 503, Los Angeles, California 90020, Los Angeles, 90020 - 3 bed, 2 bath
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321 S Oxford Avenue 503
Los Angeles, California 90020
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,498Sq Ft
0Lot Size
Property Price
LIST PRICE$39,704
SUMMARY
Beautiful 3-bedroom, 2-bathroom condominium offering approximately 1,443 sq. ft. of living space in a convenient Koreatown location .IMPORTANT: THIS IS AN LAHD INCOME-RESTRICTED AFFORDABLE HOUSING UNIT (30% AMI EXTREMELY LOW INCOME), NOT A MARKET-RATE SALE. This property is available exclusively to qualified buyers who meet the Los Angeles Housing Department (LAHD) income and eligibility requirements. MINIMUM HOUSEHOLD SIZE: 4 OCCUPANTS2026 MAXIMUM ANNUAL HOUSEHOLD INCOME LIMITS:4 Persons: $50,0005 Persons: $54,0006 Persons: $58,0007 Persons: $62,0008 Persons: $66,000Income limits are based on total household size and are subject to verification under the applicable LAHD guidelines. ADDITIONAL PURCHASE REQUIREMENTS: Buyers must occupy the property as their primary residence. Income, assets, financing, and other eligibility requirements are subject to LAHD review and approval. Resale restrictions and equity-sharing provisions apply under the recorded affordability covenant. Conveniently located near Koreatown shopping, restaurants, public transportation, and major Los Angeles destinations. ALL BUYERS MUST MEET LAHD AFFORDABLE HOUSING ELIGIBILITY REQUIREMENTS.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2022, this property is in mint condition and meets the criteria for a new build. The interior features a modern open-concept kitchen with quartz waterfall countertops, brand-new stainless steel appliances (some still with protective film), recessed lighting, and contemporary flooring throughout. Systems including HVAC and electrical are less than 3 years old, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $39,704, this property offers a rare and significant opportunity for homeownership in Los Angeles for households meeting the Extremely Low Income (30% AMI) criteria.
- Modern Construction and Size
Built in 2022, this spacious 1,498 sq. ft. three-bedroom condominium provides contemporary living standards and ample room for a large family, which is uncommon at this price point.
- Prime Koreatown Location
Situated in the heart of Koreatown, the property boasts high walkability and convenient access to diverse dining, shopping, public transportation, and major hubs like Downtown LA and Hollywood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1498, other record living area = 1350.
- Strict Eligibility Requirements
The sale is limited to households of at least 4 people meeting specific LAHD income caps, significantly narrowing the pool of potential buyers who can qualify for the purchase.
- Resale and Equity Limitations
The property is subject to LAHD affordability covenants and resale restrictions, which limit the owner's ability to sell at market rate or realize traditional equity appreciation.
About 321 S Oxford Avenue 503
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2022
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $330.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Charles H. Kim Elementary School
Grades K-5 • 0.2 mi
6/10
Cahuenga Elementary School
Grades K-5 • 0.2 mi
5/10
Harvard Elementary School
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,498 | 1,252.996 |
| Lot Size | - | 26,029.603 |
| Price | $39.7K | $778.5K |
| Price per sq ft | $27 | $629 |
| Built year | 2022 | 1981 |
| HOA | $330.0 | $676 |
| Days on market | 10 | 74 |
Pricing History
Listed for Sale
Oct 30, 2026
$39,704
Initial Listing