CA > Los Angeles
Los Angeles, CA 90004,203 N Oxford Ave
Los Angeles, CA 90004,203 N Oxford Ave
Los Angeles, CA 90004,203 N Oxford Ave
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KiKi Freeman

KiKi Freeman

+1(323) 396-3918
$ 1,890,000
Est. payment | /mo

7,162 Sqft Lot

Save
$ 1,890,000
Est. payment | /mo
Save

7,162 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25554505

Lot Size 7,162 Sqft

Acres 0.1645

Property Description

We are pleased to present an exceptional multifamily development opportunity at 203 N. Oxford Ave, located in the vibrant heart of Los Angeles. Zoned R4 and TOC Tier 3, this 7,162.6 square foot parcel will be delivered RTI: Permits ready to issue for a fully entitled TOC Tier 3 project with no relocation costs for the construction of a 7-story, 30-unit multifamily building totaling 31,545 square feet. The planned development includes six levels of residential over a ground-level parking garage and one level of subterranean parking, offering a total of 18 parking spaces. There are no relocation costs. The project benefits from reduced parking requirements under TOC guidelines. The unit mix, 24 one-bedroom units and 6 two-bedroom units, is designed for maximum efficiency and rental performance. Three units are designated as Extremely Low-Income, supporting TOC entitlement benefits, while the remaining 27 units will be delivered at market rate. The location commands premium rents, with new construction in the area achieving rates north of $4.00 per square foot. With a price per buildable door of just $63,000 and a land price of approximately $263.78 per square foot, this offering represents one of the most cost-effective RTI opportunities in a high-demand submarket. There are no relocation costs. Strategically located near Hancock Park, Koreatown, and Hollywood just one mile from Paramount Studios and the 101 Freeway the site boasts a Walk Score of 90+ and excellent access to Metro Rail and bus lines. This is a rare opportunity for developers to acquire a shovel-ready site in one of Los Angeles' most dynamic and transit-rich corridors.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning R4-1 TOC Tier 3

Exterior

Waterfront Description None

View Y/N No

View None

Building

Lot Description Curbs, Raw Land, Value In Land, Street Paved, Sidewalks

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Maher Commercial Realty
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203 N Oxford Ave