Price reduced for quick sale! We are pleased to present for sale an R3 TOC Tier 3, development opportunity located in the heart of KOREATOWN! This is a prime opportunity to build on an oversized lot JUST 3 BLOCKS from the Wilshire/Western Metro station, as well as all the shopping and dining Koreatown has to offer! Proximity to local amenities and easy access to transportation makes this an ideal investment for developers looking for top rents! Lot size is 9,010 sqft, meaning a developer can build 11 units by right or up to 21 units utilizing TOC guidelines. Many options to collect cash while going through permitting: AIRBNB, short-term rentals, or run a pre-school! Don't miss this opportunity to build in one of the hottest areas of Los Angeles or run your own lucrative pre-school! Home will be delivered VACANT=No tenant relocation here!! Home to be sold AS-IS. DO NOT DISTURB tenants under any circumstances, showing with accepted offer only. Buyer to verify all zoning with LADBS.
Sold for $8,050,000 on 10/25/24
$8,050,000
339 S Oxford Ave, Los Angeles, CA 90020
6beds
2,824sqft
SingleFamily
Built in 1916
9,008 Square Feet Lot
$7,918,700 Zestimate®
$2,851/sqft
$2,479 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Other
Appliances
- Laundry: Other
Features
- Flooring: Other
- Common walls with other units/homes: Detached/No Common Walls
Interior area
- Total interior livable area: 2,824 sqft
Property
Parking
- Total spaces: 1
Lot
- Size: 9,008 sqft
Details
- Additional structures: Other
- Parcel number: 5503003012
Construction
Type & style
- Home type: SingleFamily
Condition
- Year built: 1916
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- PropertyType: Residential
- Cooling: Other
- Equipment: Other
- FireplaceRooms: Other
- Flooring: Other
- ParkingGarage: Other
- Rooms: Other
- Style: Other
- SourceLivingArea: Vendor Enhanced
- Laundry: Other
- Heating: Other
- PoolDescription: Other
- SourceLotSizeArea: Vendor Enhanced
- ListingArea: Mid-Wilshire
- ListingStatus: Pending
- CommonWalls: Detached/No Common Walls
- Furnished: Unfurnished
- OtherStructures: Other
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Estimated market value
$7,918,700