4718 Oakwood Avenue, Los Angeles, CA 90004

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
4718 Oakwood Avenue,Los Angeles, CA 90004
$4,995,000
  • 0.51 Acres
  • Lots / Land
  • Pending
Listed by: ray akbari, cyrus ahmadi
Office: the agency
MLS#:SR24102102
Source:CRMLS

Price summary

  • Price:$4,995,000

About this home

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.

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Home facts

  • Listing ID #:SR24102102
  • Added:633 day(s) ago
  • Updated:February 10, 2026 at 08:36 AM

Structure and exterior

  • Lot area:0.51 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$4,995,000
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