Pending
4718 Oakwood
Los Angeles CA, 90004
$4,995,000
$224.45 per sqft
Pending
0.51 Acres
Land
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 LAs most desirable areas.
SR24102102
MLSⓇ ID
May 20, 2024
Listed
December 17, 2024
Updated
Map
4718 Oakwood
Los Angeles CA, 90004
Exterior/Building Features
Lot Size
0.51 Acres
Lot Features
Sidewalks
Other Property Details
Days on Market
210
Garage
No
View
No
County
Los Angeles
Pool
No
Listing History
Date | Event | Price |
---|---|---|
12/17/2024 | Pending | — |
Listed by The Agency, ,
Listing Contact: 818-400-4344
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Data last updated 11:09 PM UTC, 12/17/2024