4718 Oakwood Avenue Los Angeles, CA ^$ 4,995,000

4718 Oakwood Avenue

^$ 4,995,000

Back to search

4718 Oakwood Avenue

Los Angeles, CA, 90004

^$ 4,995,000

Studio Baths0.0

Monthly Estimate*

^$ 33,198

Listed by The Agency

4718 Oakwood Avenue, Los Angeles, CA 90004 - Image 1

4718 Oakwood Avenue, Los Angeles, CA 90004 - Image 2

4718 Oakwood Avenue, Los Angeles, CA 90004 - Image 3

4718 Oakwood Avenue, Los Angeles, CA 90004 - Image 4

4718 Oakwood Avenue, Los Angeles, CA 90004 - Image 5

4718 Oakwood Avenue, Los Angeles, CA 90004 - Image 6

Studio

Lots and Land for sale in Los Angeles, CA

for $4,995,000. The lot size is 0.5109.

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.

Lots and Land Active

Price

^$ 4,995,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.5109

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24102102

Days on Market

Features

General

Sewer PublicSewer

Utilities ElectricityConnected SewerConnected WaterConnected

Zoning LAR3

HOA 0.0

View None

Community Features Sidewalks

Additional Parcels Description 5522032015 5522032016

County Los Angeles

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions North of Beverly Blvd - West of Western Ave.

City Los Angeles

View Y/N N

Senior Community Y/N N

MLS Area C18 - Hancock Park-Wilshire

Lot Size Units SquareFeet

Lot Size Square Feet 22253.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Listing Terms Cash CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 5

Standard Status Active

Tax Lot 28

Exterior

Lot Features RectangularLot

Water Source Public

Lot Size Area 22253.0

Spa N

Lot Size Acres 0.5109

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Internal Only

Street Number 1 4718

* Excluded Features

List By

The Agency

Broker

(818) 400-4344

Phone

Affordability Calculator

$33,198

Per Month

Monthly Principal & Interest: $33,198
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Lots and land listings in Los Angeles, CA

Average List Price ^$1,758,396

Percent of Sale Price 65%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/21/2024	$4,995,000		Listed Price

Map

More homes like this one

homes for you

See all

4718 Oakwood Avenue, Los Angeles, CA, 90004 is a Lots and Land for sale at $4,995,000 with a lot size of 0.5109. 4718 Oakwood Avenue is a studio with 0.0 baths. The property's zip code is 90004 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

4718 Oakwood Avenue

Lots and Land for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home