1048-1054 S Oxford Ave
Land | 20,396 SqFt
Marketing description
We are pleased to present a prime infill development opportunity located at 1048–1054 S. Oxford Avenue in the heart of Koreatown, one of Los Angeles’ most vibrant, dense, and rapidly expanding multifamily markets. This 20,396 square foot corner parcel offers excellent visibility and accessibility, positioned just south of Olympic Boulevard between Western and Normandie Avenues.
Per City of LA zoning codes:
- 50 units allowed on the combined 3 lots
- Max allowable building area: approx. 15,000 sq. ft.
After Preliminary Plan Check:
- Unit count increases from 50 ? 87 units
- Max allowable building area increases to Approx. 70,000 sq. ft.
SB 79 (recently approved, effective by Jan 2026):
- Unit count can increase from 87 units to approx. 100 units
- Max allowable building area is Approx. 70,000 sq. ft.
Investment highlights
20,396 sf corner land.
Located within the heart of koreatown.
Walker's paradise; with a walking score of 97!!!
Easy accessability; less than 1 mile from the wilshire/western purple line station.
Good freeway access; just 1 mile north of the 10 freeway.
Excellent demographics; approx. 100,000 people reside within a 1-mile radius and over 600,000 people.
Buildable FAR: Approx. 70,000 SF (by-right)
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