4820 Oakwood Ave - Residential LAND FOR SALE


Los Angeles, CA 90004- East Hollywood14,501 SF
$3,500,000 USD
310-266-3648
4820 Oakwood Ave, Los Angeles, CA for Sale
$3,500,000 USD
Residential LAND - FOR SALE
1/6
14,501 SF

4820 Oakwood Ave
Los Angeles, CA 90004
East Hollywood


HIGHLIGHTS

  • Two contiguous parcels totaling ±14,500 square feet in desirable Larchmont neighborhood
  • Zoned R3-1 (multifamily residential); located in TOC Tier 2 / TOIA-1 (increased density)
  • Eligible for AB 2097 (parking reduction); Located in a High Resource Area (CTCAC); ED-1 Eligible (expedited approvals)
  • Walk Score® of 88 - Very Walkable; bikeable with many nearby public transportation options
  • Surrounded by recent development
  • Less than a mile from Larchmont Village with popular shopping and dining bordered by affluent Hancock Park and Hollywood

OVERVIEW

4820-4826 Oakwood Avenue offers a rare infill development opportunity in Los Angeles’ highly desirable Larchmont neighborhood. The property consists of two contiguous vacant lots totaling ±14,500 square feet, allowing for efficient site planning on flat, rectangular parcels. Located on a residential street with strong surrounding comps, the site sits within a high-demand corridor and is zoned R3-1 within a TOC Tier 2 area. This provides access to valuable state and local incentives, including increased density, reduced parking, and streamlined ministerial approvals. See property brochure for details on development potential. With multiple high-yield development paths and stackable incentives, the offering presents a compelling opportunity to maximize density in a prime, supply-constrained location.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$10,514,489/AC

PRICE/SF

$241 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Apartment Units - Subsdzd, Single Family Development

LAND ACRES

0.33 AC

LAND SF

14,500 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R3-1 / TOC Tier 2

APN/PARCEL ID

5522-033-018,5522-033-019

ASK ABOUT THIS PROPERTY

Jesse MunozLee & Associates - ISGMore Info
310-266-3648

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Jesse MunozLee & Associates - ISGMore Info
310-266-3648

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