4705 - 4709 Elmwood Avenue, Los Angeles, CA 90004

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
4705 - 4709 Elmwood Avenue,Los Angeles, CA 90004
$3,050,000
  • 0.33 Acres
  • Lots / Land
  • Pending
Listed by:filip niculete
Office:marcus & millichap
MLS#:25514903
Source:CRMLS

Price summary

  • Price:$3,050,000

About this home

We are excited to present 4705-4709 Elmwood Ave (APNs: 5522-019-011 & 5522-019-010), a unique development opportunity in the highly desirable Greater Wilshire neighborhood of Los Angeles, California. This site presents significant upside potential through various development pathways, including maximizing density through ED1 affordable housing incentives or Small Lot Subdivision (SB 684) to build 10 homes.Zoned C2-1 with a lot area of 14,499 sq. ft., the site offers multiple development options under current zoning and recent legislative incentives: ED1 (100% Affordable Housing) / Small Lot Subdivision (SB 684) / AB 1287 Density Bonus (Mixed-Income) / By-Right Development. The property is strategically located in the highly desirable Wilshire Community Plan Area within the Greater Wilshire neighborhood, a vibrant and centrally located pocket of Los Angeles. The area is characterized by a mix of commercial corridors and charming residential neighborhoods, offering strong demand for

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Home facts

  • Listing ID #:25514903
  • Added:188 day(s) ago
  • Updated:September 26, 2025 at 07:31 AM

Structure and exterior

  • Lot area:0.33 Acres

Finances and disclosures

  • Price:$3,050,000
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