1609 Oak Street Los Angeles, CA 90015

Cluster Residence

4 Beds

6 Baths

... Bed/Bath

5,518 Sq. Ft.

Property Activity

Time on Site

days

Days on Market

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Last updated on 1/10/2025 1:27 AM

Listing Details

DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a six-unit apartment community located at 1609 Oak Street. The subject property is located west of the 110 Freeway and south of Venice Boulevard. Situated on a 4,745 square foot parcel, th...e property is comprised of two studios and four one-bedroom units. The property has 40% remaining rental upside through unit renovations. 1609 Oak Street presents investors a unique opportunity to acquire an asset with a strong value-add component and the opportunity to capitalize on the westward expansion and revitalization of the Downtown sub-market. Located in close proximity to multiple venues for the 2028 Summer Olympics in Los Angeles. The property is a short distance from venues in the "Downtown Sports Park", Including the LA Memorial Coliseum, Crypto.com Arena, BMO Stadium, & more, which bode well for the long term prospects of this neighborhood. Continue reading

MLS#

24429973

Property Type

Cluster

Bedrooms

Bathrooms

Year Built

1922

Square Feet

5,518 sq. ft

Lot Size

0.11