4718 Oakwood Avenue

Los Angeles, CA 90004

$4,995,000
Price
—
Beds
3,117 Sq. Ft.
$1,603 / Sq. Ft.
3,117
Sq. Ft.
$1,603
per Sq. Ft.

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...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.
  1. Listed by Ray Akbari • DRE #01447600 • Brokerage DRE #01904054 • The Agency • 818-400-4344
  2. Listed by Cyrus Ahmadi • DRE #01098856 • Brokerage DRE #01254942 • Standard Realty

Property Details for 4718 Oakwood Avenue

Lot Size Source
Assessor
Building Area Total
3117
Building Area Units
Square Feet
Stories Total
1
Entry Level
1
Zoning
LAR3
Parcel Number
5522032014
Area
Hancock Park (HPK)

Location

Listing Courtesy of The Agency, Ray Akbari, DRE #01447600; Standard Realty, Cyrus Ahmadi, DRE #01098856
Add your commute
LISTING UPDATED: 05/25/2024 03:21 PM

Property Details for 4718 Oakwood Avenue

StatusActive
MLS #SR24102025
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built2010
Lot Size0.51 AC / 22,253 SF
CountyLos Angeles County

Location

Listing Courtesy of The Agency, Ray Akbari, DRE #01447600; Standard Realty, Cyrus Ahmadi, DRE #01098856
Add your commute

Building Information for 4718 Oakwood Avenue

Stories1Residences-Year Built2010Building Size-Lot Size0.51 AC / 22,253 SF

Payment Calculator

$27,436 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,260

Property Taxes

$176

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4718 Oakwood Avenue

Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Land/Lot Info
  • Additional Parcels Description: 5522032015, 5522032016
  • Lot Features: Rectangular Lot
  • Land Use: Multi-Family
  • Land Lease: No
  • Utilities: Electricity Connected, Sewer Connected
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit Information
  • Number Of Buildings: 2

Property History for 4718 Oakwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4718 Oakwood Avenue

Taxable ValueLand$68,315Additions$68,315Total$136,630
Tax Record2023$2,116 ($176 / month)
Home Facts
Beds3Total Finished SqFt2,052 SqFtAbove Grade Finished SqFt2,052 SqFtLot Size7,751 SqFtStyleSingle Family ResidenceYear Built1910ZoningLAR3CountyLOS ANGELESAPN5522-032-014

Schools near 4718 Oakwood Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Van Ness Avenue Elementary School
PublicK to 5

Joseph Le Conte Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Central City Value School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4718 Oakwood Avenue is a multi-family home for sale in Los Angeles, CA 90004. This property was listed for sale on May 20, 2024 by The Agency, it's currently listed at $4,995,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Van Ness Avenue Elementary School, Joseph Le Conte Middle School and Fairfax Senior High School. 4718 Oakwood Avenue is a 0-bed, 0-bath, 3,117 sqft multi-family home built in 2010.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Ray Akbari, DRE #01447600; Standard Realty, Cyrus Ahmadi, DRE #01098856

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.