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$4,995,000
179 Days On Site

4718 Oakwood Avenue
Los Angeles, CA 90004

For Sale|Land|Active
County:
Los Angeles
Listed by Ray Akbari of The Agency [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

4718 Oakwood Avenue4718 Oakwood Avenue4718 Oakwood Avenue4718 Oakwood Avenue
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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.

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Listing Snapshot
Price 
$4,995,000
Days On Site 
179 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5109 Acres
Year Built 
N/A
MLS® Number 
SR24102102
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoStatus changed to Active
6 months agoListing updated with changes from the MLS®
6 months agoListing first seen on site
General Features
Acres 
0.5109
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
LAR3
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Exterior Features
Lot Features 
Rectangular Lot
View 
None
Waterview 
None
Community Features
Community Features 
Sidewalks
Financing Terms Available 
Cash
MLS Area 
C18 - Hancock Park-Wilshire
4718 Oakwood Avenue, Los Angeles, CA, 90004 Pezzini Luxury Homes

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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