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$1,300,000
New Listing

220 N Oxford Avenue
Los Angeles, CA 90004

For Sale|Residential Income|Active
5
Beds
5
Total Baths
2,717
SqFt
$478
/SqFt
1919
Built
County:
Los Angeles
Listed by Max Lee of Real Broker [email protected]

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220 N Oxford Avenue220 N Oxford Avenue220 N Oxford Avenue220 N Oxford Avenue
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NOVEMBER 2021 THIS BUILDING WAS PRICED FOR $1,490,000.00 "A rare owner-user commercial opportunity in Koreatown/Hancock Park area with full vacancy flexibility at closing. " WHAT MAKES THIS PROPERTY SPECIAL mixed-use 100% vacant delivery potential PERFECT BUYER: doctors dentists attorneys CPAs beauty operators acupuncturists owner-users SBA loan buyers Most small commercial buildings in LA: have tenants have lease problems are difficult to occupy YOURS: potentially vacant flexible use owner-user opportunity SBA financing possible SBA OWNER-USER FINANCING CRITICAL IMPORTANCE SBA loans can allow: lower down payment owner-user occupancy long amortization "Excellent opportunity for owner-users utilizing SBA financing." LOCATION POSITIONING: "Strategically located in the heart of the Koreatown / Hancock Park corridor with strong surrounding residential density and business activity." FLEXIBILITY: Ideal for: Law office CPA / tax office Dental or medical office Acupuncture / wellness clinic Beauty / skincare business Creative office Live/work opportunity (buyer to verify) "OWN INSTEAD OF RENT" "Stop paying rent for your business own your own commercial building in one of Los Angeles' strongest urban corridors. "Comparable Sales Nearby: 222 N Harvard Blvd $2,000,000 242 N St Andrews Pl $1,495,000 "220 N Oxford Ave presents compelling value relative to recent area sales." "Rare vacant-delivery commercial opportunity in a supply-constrained submarket. "IDEAL FOR FINAL INVESTOR / OWNER-USER Rare Koreatown / Hancock Park Owner-User Commercial Opportunity 220 N Oxford Ave presents a rare opportunity to acquire a mixed-use commercial property in one of Los Angeles' most desirable urban corridors. The property is commercially zoned and currently configured as commercial space with two residential units. The building may potentially be delivered 100% vacant at closing, creating exceptional flexibility for owner-users, investors, or live/work operators. Creative office use Other professional office applications (buyer to verify) Strategically located within the Koreatown / Hancock Park corridor, the property benefits from strong surrounding residential density, business activity, and central access to Downtown Los Angeles, Hollywood, and major transportation routes. Owner-users will appreciate the opportunity to stop leasing commercial space and establish long-term ownership in a high-demand Los Angeles market. SBA financing may provide an attractive acquisition option for qualified buyers. 220 N Oxford Ave presents compelling value relative to recent area transactions. Buyer and buyer's agent to verify all zoning, use, occupancy, and development potential. Please do not disturb occupants. AMAZING OPPORTUNITY FOR: Dentists Medical users Beauty operators SBA loan buyers owner-user opportunity office concepts "stop paying rent" This building's biggest value is: FLEXIBILITY "own your business building with SBA financing + vacant delivery"

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Listing Snapshot
Price 
$1,300,000
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
2,717 sqft
Total Baths 
5
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1507 Acres
Year Built 
1919
MLS® Number 
26870311
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 hours agoListing updated with changes from the MLS®
13 hours agoListing first seen on site
General Features
Acres 
0.1507
Levels 
One
Number Of Stories 
1
Parking 
AssignedDriveway
Parking Spaces 
6
Special Circumstances 
Standard
SqFt Total 
2717
Zoning 
LAC2
Interior Features
Appliances 
DishwasherDisposalMicrowaveRefrigeratorDryerWasher
Cooling 
Dual
Heating 
Electric
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Community Features
MLS Area 
C17 - Mid-Wilshire


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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