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Roseann Oesterreich, CRS, GRI
FOR SALE
$4,995,000

4718 Oakwood Avenue
Los Angeles, CA 90004

Multi-Family, Business Opportunities
Commercial
3,117
Sq. Ft.
0.5109
Acre Lot
Listing Agent: Ray Akbari - The Agency, 818-400-4344; ray@ray4realty.com
Home> California> Los Angeles> 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 LAs most desirable areas.
SR24102025
Commercial - Multi-Family, Business Opportunities, 1 Story
2010
Los Angeles
0.5109 Acres
Public
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: Ray Akbari - The Agency, 818-400-4344; ray@ray4realty.com
Licensed in: DRE# 01447600
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