CA > Los Angeles
Los Angeles, CA 90004,4718 Oakwood
Los Angeles, CA 90004,4718 Oakwood
Los Angeles, CA 90004,4718 Oakwood
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Glen Henderson

Glen Henderson

+1(619) 500-3222
$4,995,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SR24102102

Property Sub-Type Lots/Land

Property Description

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.

Location

State CA

County Los Angeles

Direction North of Beverly Blvd - West of Western Ave.

Interior

Fireplace No

Exterior

Utilities Available Electric

View Y/N No

Others

Tax ID 5522032014

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MLS Router / San Diego MLS
Listed by Ray Akbari The Agency
agent

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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