When was property at 203 North Oxford Avenue built and last sold?

The property at 203 North Oxford Avenue was built in 1919 and last sold on Feb 25, 2020 for $1,650,000.

How much is this home worth?

The estimated value of the home located at 203 North Oxford Avenue is $1,666,500.

What are some comparable homes to 203 North Oxford Avenue?

There are currently no comparable homes to 203 North Oxford Avenue.

Los Angeles

90004

Wilshire Center - Koreatown

203 North OXFORD Avenue

Thumbnail Photo of 203 North OXFORD Avenue

1 / 9

Map

$2,432,086*

● Land - Off Market

203 North OXFORD Avenue

Los Angeles (City), CA 90004

Studio

0 Bath

$1,485,000 - $1,815,000

Reference Base Price*

47.40%

Since Aug 1, 2019

CA-Los Angeles

Primary Model

Sold May 05, 2020

$1,650,000

2018 Zorada Llc

Buyer

Grk Propeprties Llc

Seller

$1,000,000 by Southwestern National Bank

Mortgage Due Dec 23, 2052

Sold Oct 03, 2016

$1,000,000

Grk Properties Llc

Buyer

Hur Chui Ung

Seller

About This Property

Presented for sale is a tremendously central Development Opportunity located at 203 N. Oxford Ave. in Prime Koreatown. This property comes with none of the noise associated with rent-control. Currently an SFR that is being used as an AirBnB rental, this property offers the potential to build 17 units by right, with no low-income housing necessary, or around 31 units by TOC. With the proximity to two Metro Subway Stations (and closer yet to the frequent Bus Lines), a reduced-parking project is extremely viable in this location. This property is situated in a neighborhood sought after by young prospective tenants, with a vibrant nightlife and just about anything a resident could desire within walking distance. Bring your architect and creative spirit and polish this rock into a jewel.

Unit Size

Days on Market

Land Size

7,162.00 acres

Price per sqft

Property Type

Land

Property Taxes

HOA Dues

Year Built

1919

Price History

Date / Event	Date	Event
May 5, 2020	Sold	$1,650,000
Sold
Jul 8, 2019	No longer available	-
No longer available
Mar 25, 2019	Listed	$1,650,000
Listed
Feb 18, 2019	No longer available	-
No longer available
Dec 2, 2018	No longer available	-
No longer available
Nov 30, 2018	Listed	$1,725,000
Listed

	7,160 Sq Ft Lot Zoned R4 in rapidly gentrifying transit oriented Tier 3 community. Potential to build 31 units up to seven stories with as little as 16 parking spaces per TOC incentives. NEW CONSTRUCTION WILL NOT BE SUBJECT TO RENT CONTROL (RSO) since existing structure is SFR. Property will be delivered vacant and currently being used for short term rentals. Soil, tree, and Survey reports available. Just one block to two major commercial corridors, Western Ave and Beverly Blvd. Close to…
May 29, 2018	Listed	$1,725,000
Listed

	REDUCED! 7,160 Sq Ft Lot Zoned R4 in rapidly gentrifying transit oriented Tier 3 community. Potential to build 31 units up to seven stories with as little as 16 parking spaces per TOC incentives. NEW CONSTRUCTION WILL NOT BE SUBJECT TO RENT CONTROL (RSO) since existing structure is SFR. Property will be delivered vacant and currently being used for short term rentals. Soil, tree, and Survey reports available. Just one block to two major commercial corridors, Western Ave and Beverly Blvd…

Property Highlights

Building Info

Overview

General

Year Built: 1919

Effective Year Built: 1921
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Quality: B
Construction Type: Wood
Floor Count: 2
Living Units: 1
Basement Area: 0
Parking Space Count: 1

Dimensions

Lot Size Square Feet: 7,163

Lot Size Depth Feet: 1,430
Lot Size Frontage Feet: 500
Total Building Area: 1,504
Building Area: 1,504
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: unknown

Heating: Central heating
Heated Square Feet: 1,504
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: 1
Land Acres: 0.164
Standard Land Use Code: Single family residential
Legal Description 1: LOT ON W LINE OF OXFORD AVE COM S THEREON 50 FT FROM NE COR OF LOT 21 BLK I TRACT NO 1 TH S ON SD W LINE 50 FTWITH A UNIFORM DEPTH OF 143.25 FT S 89 SEE ASSESSOR MAPBOOK FOR MISSING PORTIONTR NO 1

Ownership

Current Owner : 2018 ZORADA LLC

Previous Owner : GRK PROPEPRTIES LLC
Owner Before Previous Owner: HUR CHUI UNG
Ownership Rights Codes: unknown
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Los Angeles Unified School District

Census Tract: 211410

Zoning

Zoning: LAR4

Geography

Assessors Map Reference: 34-E6

Subdivision Tract Number: 1
Parcel: 5517-005-015
Block: I
Lot: 21
Municipality: WEST /KOREA TOWN
Latitude: 34.0754
Longitude: -118.308

Address

Full Address: 203 N Oxford Ave

Address - House Number: 203
Street Direction: N
Address - Street Name: Oxford
Address - Suffix Type: Ave
State: CA
City Name: Los Angeles
Carrier Code: C036
4-Digit Zip Code: 4203
Zip Code: 90004

Valuation

Tax

Tax Year: 2022

Tax Amount: $20,185
Tax Rate Code Area: 06-657

Appraisal Valuation

Standard Deviation: 0.231

Valuation Date: Apr 03, 2024
Confidence Score: 67
Final Value: 1,790,089
High Value: 2,203,688
Low Value: 1,376,490

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $1,000,000
First Open Lien Mortgage Lender: SOUTHWESTERN NATIONAL BANK
First Open Lien Mortgage Recording Date: Dec 23, 2022
First Open Lien Mortgage Loan Amount: $1,000,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional
First Open Lien Mortgage Loan Due Date: Dec 23, 2052

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,305,600
Assessed Land Value: $1,205,600
Assessed Improvements Value: $100,000

Sales

Current Sale Contract Date: Feb 25, 2020

Current Sale Recording Date: May 05, 2020
Current Sale Transaction ID: 11757997767
Current Sale Price: $1,650,000
Current Sale Document Type: Grant Deed
Current Sale Input Document Number: 20-0491780
Previous Sale Recording Date: Oct 03, 2016
Previous Sale Contract Date: Aug 30, 2016
Previous Sale Amount: $1,000,000
Previous Sale Document Type: Grant Deed

Last Sale Mortgage

First Mortgage Lender: UNITED PACIFIC BANK

First Mortgage Transaction Date: May 05, 2020
First Mortgage Loan Amount: $1,000,000
First Mortgage Terms: 360
First Mortgage Loan Type: Commercial

Financing

First Mortgage Financing Type: Variable

Redact Ownership Info

Comparables

310 South Kenmore Avenue

Active

Multifamily

3 Beds

$1,629,000 May 7, 2021

418 North Beachwood Drive

Active

House

2 Beds

3 Baths

1,936 ft²

$824/ft²

$1,595,000 Mar 15, 2023

237 North Berendo Street

Active

House

4 Beds

3 Baths

2,584 ft²

$619/ft²

$1,600,000 Mar 22, 2022

339 North Irving Boulevard

Active

House

3 Beds

3 Baths

1,937 ft²

$891/ft²

$1,725,000 Mar 3, 2023

243 South Hobart Boulevard

In Contract

Multifamily

6 Beds

$1,535,000 Jan 20, 2023

About Central LA

Stats & Trends

Median Asking:

$1,450,000

Sale Price/ft²

$818

Below Asking

0.02%

Average Days on Market

Average Home Size

2325 ft²

Average Home Age

53 years

Currently For Sale

489 Listings

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203 North OXFORD Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Central LA

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions