203 N Oxford Ave OM

OFFERING MEMORANDUM
DEVELOPMENT OPPORTUNITY TO BUILD 31 APARTMENT HOMES
ZONED R4 | TIER 3 | LOT SIZE 7,162 +/- SF
203 N OXFORD AVE, LOS ANGELES, CA 90004
- 143.25 FT -
- 50 FT -
1

CONFIDENTIALITY & DISCLAIMER
203 N OXFORD AVE, LOS ANGELES, CA 90004
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of the property, compliance or lack of compliance with applicable governmental requirements,
developability or suitability, financial performance of the property, projected
financial performance of the property for any party’s intended use or any and
all other matters.
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any representation or warranty, express or implied, as to accuracy or completeness
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otherwise agreed in writing.
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DILIGENCE.
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verify all information and to conduct their own inspections and
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obtaining and reading applicable documents and reports and consulting appropriate
independent professionals. KW Commercial makes no warranties and/or representations
regarding the veracity, completeness, or relevance of any financial data or
assumptions. KW Commercial does not serve as a financial advisor to any party
regarding any proposed transaction.
TABLE OF CONTENTS
PROPERTY OVERVIEW MAP
EXECUTIVE SUMMARY
& DEVELOPMEMT OVERVIEW
TRANSIT ORIENTED COMMUNITIES
TOC GUUIDELINES
AERIAL PHOTOS
BOUNDARY SURVEY MAP
PATH OF DEVELOPMENT
POINTS OF INTEREST
OUR NEIGHBORHOOD
DEMOGRAPHICS
RENTAL COMPS
3
4
5
6 -7
8
9
10
11
12
13
14
2
All data and assumptions regarding financial performance, including that used for
financial modeling purposes, may differ from actual data or performance. Any estimates
of market rents and/or projected rents that may be provided to a party do not
necessarily mean that rents can be established at or increased to that level. Parties
must evaluate any applicable contractual and governmental limitations as well
as market conditions,vacancy factors and other issues in order to determine rents
from or for the property. Legal questions should be discussed by the party with an
attorney. Tax questions should be discussed by the party with a certified public accountant
or tax attorney. Title questions should be discussed by the party with a title
officer or attorney. Questions regarding the condition of the property and whether the
property complies with applicable governmental requirements should be discussed
by the party with appropriate engineers, architects, contractors, other consultants
and governmental agencies. All properties and services are marketed by Beverly Hills
in compliance with all applicable fair housing and equal opportunity laws.

PROPERTY OVERVIEW MAP
WESTERN
BEVERLY
- 143.25 FT -
- 50 FT -
3

EXECUTIVE SUMMARY
DEVELOPMENT OVERVIEW
Opportunity to develop 31 apartment homes in the rapidly developing
Koreatown neighborhood and situated just south of Beverly
Blvd, one of the most prestigious streets within Los Angeles.
Total lot size is approximately 7,162 +/- Sq Ft, zoned R4, Tier 3
which falls within Transit Oriented Communities Tier 3 Eligibility,
allowing a developer to potentially build up to 31 units among
several other incentives. Existing SFR to be delivered vacant.
Currently being used for short term rentals with an average
monthly income of $4,000. Soil and survey reports available.
Centrally located in the heart of Koreatown area with convenient
access to 101 freeway and close proximity to retail, shopping,
and restaurants near Miracle Mile, Hollywood, Silverlake, Larchmont/Hancock
Park, and Downtown Los Angeles. Koreatown is
known as one of the most vibrant, exciting neighborhoods of Los
Angeles with it’s rich cultural diversity, excellent walkscores, and
tremendous revitalization over the past decade with a multitude
of upcoming projects. Buyers to verify all info and rely on their
own investigation.
ADDRESS:
APN:
PRICE:
PRICE PER LAND SF:
LOT SIZE:
ZONING
TRANSIT ORIENTED
COMMUNITIES (TOC):
NUMBER OF UNITS
PER TOC:
203 N Oxford Ave, Los Angeles, CA 90004
5517-005-015
$1,900,000
$265.29
7,162 +/- SF
R4-1
Tier 3
31 Units
4

TRANSIT ORIENTED COMMUNITIES
GUIDELINES
CLASSIFICATION TIER
DENSITY BONUS
MAXIMUM HEIGHT (+22 FEET)
MAXIMUM FLOOR AREA RATIO
BUILDABLE UNITS
PARKING REQUIRED
REQUIRED AFFORDABLE UNITS
3
70%
67 feet
4.5 : 1
41
0.5 spaces / unit
10% ELI
14% VL
23% LOWER
5

(TOC) GUIDELINES BASE INSENTIVES
EXCEPTIONS TO THE FAR INCENTIVE:
1. In the RD Zone or a Specific Plan or
overlay that regulates FAR, the maximum
FAR increase shall be limited to 45%.
2. If the allowable base FAR is less than
1.25 then the maximum FAR allowed per
this section is limited to 2.75.
3. In the Greater Housing Downtown Incentive
Area, the maximum FAR increase
shall be limited to 40%, with all floor
area being calculated per the definition
in LAMC 12.22 A.29(c)(1).
6

(TOC) MENU OF ADDITIONAL INSENTIVES
Exceptions to the height incentive applies to projects located
on lots with a height limit of 45 feet or less, or located in a
Specific Plan area or overlay district. In such cases, the top
story shall be stepped-back back at least 15 feet from the
front of the building’s primary frontage, which is defined in the
TOC Guidelines.
7

8
AERIAL PHOTOS

BOUNDARY SURVEY MAP
9

10
PATH OF DEVELOPMENT

POINTS OF INTEREST
11

OUR NEIGHBORHOOD
The Bun Shop
0.2 mi
Noshi Sushi
0.2 mi
Biergaten
0.2 mi
Paris Baguette
1.4 mi
WALK SCORE
WILTERN THEATER
12

DEMOGRAPHICS
13

RENTAL COMPS
FOR PROPOSED PROJECT LOCATED AT:
205 S STATE ST, LOS ANGELES, CA 90033
Location Rental Price SqFt $/RSF Year Built Unit Make Up Property Type
546 N Oxford Ave #302, Los Angeles, CA 90004 $2,000 800 2.50 2016 1 Bed / 1 Bath Apartments
546 N Oxford Ave #309, Los Angeles, CA 90004 $2,550 918 2.78 2016 1 Bed / 1 Bath Apartments
5175 W 1st St, Los Angeles, CA 90004 $2,650 850 3.12 2009 1 Bed / 1 Bath Guesthouse
710 N El Centro Ave, Los Angeles, CA 90038 $2,700 700 3.86 2015 1 Bed / 1 Bath Apartments
710 N El Centro Ave, Los Angeles, CA 90038 $2,900 750 3.87 2015 1 Bed / 1 Bath Apartments
105 S Mariposa Ave #409, Los Angeles, CA 90004 $3,400 1,100 3.09 2017 2 Bed / 2 Bath Condo
546 N Oxford Ave #312, Los Angeles, CA 90004 $3,400 1,325 2.57 2016 2 Bed / 2 Bath Apartments
546 N Oxford Ave #306, Los Angeles, CA 90004 $3,450 1,480 2.33 2016 2 Bed / 2.5 Bath Apartments
155 S Oxford Ave #302, Los Angeles, CA 90004 $3,500 1,117 3.13 2016 2 Bed / 2 Bath Condo
105 S Mariposa 155 Oxford Ave 318 N Kenmore Ave 318 N Kenmore Ave 546 N Oxford
14
710 N El Centro 5118 Melrose Ave 5175 W 1st St 5825 Camerford Ave