This two-story apartment complex is in excellent location between the Hancock Park and Mid-Wilshire areas, conveniently located approximately 5 miles from Downtown Los Angeles and is situated at one of the best multi-family development sites in Mid-Wilshire, Koreatown. Moments away from major public transportation connections (Western Metro Red line are within five blocks south of the subject property) and freeways, grocery stores and shopping (Wilshire and Western Avenue from Olympic Boulevard to Beverly Boulevard, along with 6th Street from Western to Vermont are considered as the prime retail core of the Mid-Wilshire Koreatown), new luxury condos and neighborhood schools. Total 8 one-bedroom, one-bath units, some units are remodeled, 4% CAP rate (with new property tax) with great upside potential. The adjacent complex (121 S. Oxford Ave.) is also for sale, total lot size is approximately 14,318 sqft. (100' x 143') and is under LAR4 zoning allowing total 35 units. PLEASE DRIVE BY ONLY, DO NOT DISTURB TENANTS!
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