4718 Oakwood Avenue Los Angeles, CA 90004
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site37 Days
- MLS StatusActive
- MLS ID NumberSR24102025
- Home Size Source Assessor
- Year Built2010
- Lot Size0.5109 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Number of Stories 1
- Acreage 0.5109
- Water Public
- Property Sub Type Multi Family
- Utilities Electricity ConnectedSewer Connected
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Laundry Features None
Exterior Features
- Lot Rectangular Lot
Community Features
- MLS Area C18 - Hancock Park-Wilshire