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Exceptional income-producing two-on-a-lot opportunity in a prime central Los Angeles location just southeast of Paramount Studios and moments from Hollywood, Hancock Park, and Los Feliz. Situated on an LAR3-zoned lot, this property offers not only strong current cash flow but also valuable long-term development potential (buyer to verify with city). Both residences are currently tenant occupied and generating approximately $10,000 per month ($120,000 annually), providing immediate, stable income in one of Los Angeles' most desirable rental corridors. The front home at 615 N Oxford is a renovated Craftsman-style 5-bedroom, 4-bath residence featuring updated flooring, updated kitchen and baths, crown molding and recessed lighting. The rear home at 613 N Oxford is a spacious two-story 3-bedroom, 3-bath property highlighted by vaulted ceilings, updated kitchen and bathrooms, newer flooring, recessed lighting, private balconies, and a generous patio area. Both homes offer strong tenant appeal with a balance of character and upgrades. The gated property includes a private electronic entry and an extended driveway providing ample off-street parking"”an important amenity in this high-demand area. Foundation bolting and cripple wall reinforcement were completed in 2015, further enhancing the asset's structural integrity. With solid in-place income, high rental demand, and LAR3 zoning offering future redevelopment upside, this is a compelling opportunity for investors seeking a stable, appreciating asset in the heart of Los Angeles. DO NIT DISTURB THE TENANTS.
| DAYS ON MARKET | 18 | LAST UPDATED | 3/2/2026 |
|---|---|---|---|
| YEAR BUILT | 1919 | COMMUNITY | C17 - Mid-Wilshire |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Range, Microwave, Refrigerator |
| AREA | C17 - Mid-Wilshire |
| HEAT | Central |
| LOT | 6756 sq ft |
| LOT DIMENSIONS | 6757 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/17/26 12:51 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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