4718 Oakwood Avenue
$4,995,000
—
—
3,117
3,117
$1,603
Pending
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.
- Listed by Ray Akbari • DRE #01447600 • Brokerage DRE #01904054 • The Agency • 818-400-4344
- Listed by Cyrus Ahmadi • DRE #01098856 • Brokerage DRE #01254942 • Standard Realty
Property Details for 4718 Oakwood Avenue
Lot Size Source
Assessor
Building Area Total3117
Building Area UnitsSquare Feet
Stories Total1
Entry Level1
ZoningLAR3
Parcel Number5522032014
AreaHancock Park (HPK)
LISTING UPDATED: 12/17/2024 06:25 AM
Property Details for 4718 Oakwood Avenue
Status | Pending |
---|---|
MLS # | SR24102025 |
Days on Market | 210 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 2010 |
Lot Size | 0.51 AC / 22,253 SF |
County | Los Angeles County |
Building Information for 4718 Oakwood Avenue
Stories1Residences-Year Built2010Building Size-Lot Size0.51 AC / 22,253 SF
Property Information for 4718 Oakwood Avenue
Property History for 4718 Oakwood Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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$69,681Additions$69,681Total$139,362
Tax Record2024$2,146 ($179 / 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 | ||
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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