858-525-5007

4718 Oakwood, Los Angeles CA 90004 | $4,995,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Multi Family
  • Stories: 1
  • Year Built: 2010
  • MLS#: SR24102025
  • Community: C18 - Hancock Park-Wilshire

Listing provided courtesy of Ray Akbari of The Agency. Last updated 2024-11-29 09:40:45.000000. Listing information © 2024 SANDICOR.

Seize a rare and extraordinary opportunity to acquire and redevelop a three-lot assemblage spanning 22,253 square feet in the highly sought-after Greater-Wilshire neighborhood of Los Angeles. This property, available for the first time in over 50 years, includes 4718, 4720, and 4726 Oakwood Ave. The assemblage features two existing single-family residences: one with 2 bedrooms, 1 bathroom, and 1,065 square feet of living space, and the other with 3 bedrooms, 2 bathrooms, with 2,052 square feet of living space. The center lot is currently used as a driveway. Zoned LAR3 and located in TOC Tier 3, this prime location offers developers the potential to build up to 48 units with a TOC density bonus or up to 60 units, including 12 ADUs, with AB-2221(includes 12 ADUs) with a building envelope of 83,359 square feet. This is a once-in-a-generation chance to transform and maximize the value of a prime real estate asset in one of LA’s most desirable areas.

More Details

1 Story
Electricity Connected
Sewer Connected

David Piper​

Call or Text: 858-525-5007

DRE# 02021985