4053 Oakwood Avenue,Los Angeles, CA 90004
Los Angeles, CA 90004
Description
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. Most units features a private balcony or patio and efficient, tenant-friendly layouts that enhance livability and long-term tenancy. Parking includes 6 tandem spaces and 4 individual spaces. 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.
Details
| MLS # | 26922171 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1963 |
| Days On Site | 54 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | William James |
Features
| Bed(s) | 15 |
|---|---|
| Bath(s) | 17 |
| SQ Feet | 10,371 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 12 |
| Building(s) | 1 |
| Zoning | LAR3 |
| Acreage | 0.23 |
| Property View | Yes |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Security Features | Carbon Monoxide Detectors, Gated Community, Smoke Detectors |
|---|---|
| Construction Materials | Stucco |
| Lot Features | Rectangular Lot |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached Carport, Assigned, Covered |
Utilities
| Sewer | Other |
|---|
Location
| Community Features | Gated |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90004 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90004) | |
Price: $2,200,000 low | high Med: $840,000 sqft: 10,371 low | high Med: 1,810 $ / sqft: $212 low | high Med: $464 On site: 54 low | high Med: 139 | |
Market Activity 90004
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90004 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90004) | |
Price: $2,200,000 low | high Med: $840,000 sqft: 10,371 low | high Med: 1,810 $ / sqft: $212 low | high Med: $464 On site: 54 low | high Med: 139 | |