4053 Oakwood Ave - Apartments FOR SALE


Los Angeles, CA 90004- East Hollywood
$2,800,000 USD
310-600-9858
4053 Oakwood Ave, Los Angeles, CA for Sale
$2,800,000 USD
Apartments - FOR SALE
1/9
null | 5.2% Cap Rate

4053 Oakwood Ave
Los Angeles, CA 90004
East Hollywood


HIGHLIGHTS

  • Located in prime Hollywood adjacent to Larchmont Village, Virgil Village, Silverlake and Koreatown, some of the trendiest neighborhoods in the area
  • Property consists of a great unit mix of (5) 2 Bed, 2 Bath, (5) 1 Bed, 1 Bath, and (2) Studio, 1 Bath units spread out over 10,371 square feet
  • 12 units are spread out over 10,371 sf allowing for spacious unit layouts
  • Located near the Vermont exit off the 101 fwy providing access to downtown LA through North Hollywood.

OVERVIEW

We are pleased to present 4053 Oakwood Avenue, a rare 12-unit multifamily investment opportunity strategically located in a high-demand Hollywood enclave, bordered by the vibrant and rapidly appreciating neighborhoods of Larchmont Village, Silver Lake, and Koreatown. This well-maintained, 10,371-square-foot building offers an ideal unit mix of (2) Studios, (5) One-Bedroom Units, and (5) Two-Bedroom, Two-Bath Units, averaging an impressive 864 square feet per unit. Each residence features a private balcony or patio and efficient, tenant-friendly layouts that enhance livability and long-term tenancy. With over 25% rental upside, this offering presents a compelling value-add opportunity for investors seeking strong in-place cash flow with significant near-term growth potential. The property’s central location provides tenants with excellent connectivity, just two blocks from the 101 Freeway and the Vermont/Beverly Metro Station, ensuring easy access to DTLA, Hollywood, and beyond. Don’t miss the chance to acquire a stable, well-located asset with built-in value and long-term upside in one of L.A.’s most desirable rental corridors.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

12

PRICE/UNIT

$233,333

CAP RATE

5.2%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,330 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

5520-017-008

ASK ABOUT THIS PROPERTY

Will JamesLyon Stahl Investment Real EstateMore Info
310-600-9858

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Will JamesLyon Stahl Investment Real EstateMore Info
310-600-9858

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.