408 S Oxford

Exceptional RTI ReadytoIssue development opportunity at 408414 S Oxford Ave APNs 5503013008 5503013009 totaling 17930 SF of land for a 6story 40unit multifamily apartment project in one of Koreatowns most desirable residential neighborhoods With permits ready to be issued developers can begin construction immediately significantly reducing entitlement time carrying costs and development riskPositioned north of Wilshire Blvd the property enjoys a highly soughtafter location known for its wider streets wellorganized street grid and attractive residential character Directly across from a supermarket and just moments from Metro stations and public transportation the site offers outstanding convenience and excellent connectivity throughout Los AngelesUnlike many urban infill developments the property is surrounded by wellmaintained singlefamily homes creating a rare sense of openness enhanced privacy abundant natural light and an inviting residential atmosphere The thoughtfully designed 6story project features 40 spacious twobedroom twobathroom residences with most units offering bedrooms separated by living space rather than sharing a common wall providing improved privacy reduced noise transfer and a superior living experienceThe efficient architectural design incorporates a central openair courtyard that maximizes natural light and crossventilation creating bright airy interiors and an inviting communal space for residents This rare shovelready development opportunity combines a premier Koreatown location superior product design and immediate development readiness offering developers an exceptional opportunity to deliver a highly competitive multifamily project with strong longterm investment potential