3,117 sqft

$2,700,000

4718 Oakwood Avenue, Los Angeles CA, 90004

Price per sqft$866.22

Built in2010

Property size3,117 sqft

Property typeCommercial

Bought with Filip Niculete with Marcus & Millichap and Listed by Arash Akbari CA DRE# 01447600 with The Agency 818-400-4344

Overview

Sold

Closed

Listed May 20, 2024

Updated Aug 25

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.

Additional information

MLS^® ID: SR24102025

Interior Features

Basement: No

Exterior Features

Lot Size: 0.51 Acres

Also listed on CLAW

Bought with Filip Niculete with Marcus & Millichap and Listed by Arash Akbari CA DRE# 01447600 with The Agency 818-400-4344

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:56 AM UTC Last Checked: 1:56 AM UTC