Lourdes Castro Ramirez Of HACLA Acquires 30-Unit Multifamily Building In Koreatown For $9M

The asset involved in this transaction is a multifamily property located at 630 North Oxford Avenue in Los Angeles. The property consists of 30 units and was sold for a price of $9,000,000, resulting in a price per unit of $300,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,000,000
• Units: 30
• Price Per Unit: $300,000
• Buyer: Lourdes Castro Ramirez - Housing Authority of the City of Los Angeles (HACLA)
• Date of Transaction: 10/27/2025
• Address: 630 North Oxford Avenue, Los Angeles

Lourdes Castro Ramirez represents the Housing Authority of the City of Los Angeles in this transaction. The Housing Authority secured a $9 million state grant to facilitate the acquisition of the property, which is intended for conversion into permanent supportive housing under California’s Homekey+ program. This initiative will collaborate with Finding Hope Inc. and PATH to provide on-site case management and health services for formerly homeless residents.