Listing Courtesy of: Ray Akbari - The Agency
$4,995,000 affordable loan icon Calculate Payment

4718 Oakwood Avenue Los Angeles, CA 90004

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Industrial Residence
Beds
Baths
3,117 Sq. Ft.
0.51 Acre Lot

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Last updated on 9/22/2024 7:10 AM
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. Continue reading
MLS#
CRSR24102025
Property Type
Industrial
Year Built
2010
Square Feet
3,117 sq. ft
Lot Size
0.51

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Listing Courtesy of: Ray Akbari - The Agency
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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