4511 Rosewood Avenue, Los Angeles, CA 90004

About this property

We are pleased to present for sale a R3, TOC Tier 1, development opportunity located in Mid-Wilshire! Located in the highly walkable Oakwood neighborhood of Los Angeles, this 6,205 sqft VACANT lot offers a developer the opportunity to build 7 units by right or up to 12 units using TOC Incentives. The site may also be a great opportunity for fourplex or small lot subdivision. Subject property is currently a vacant land, meaning no dealing with tenant relocation or onerous SB 8 regulations (no tenancy within last 5 years). Plus save money on demolition costs!! The property lies in close proximity to Larchmont Village, Hollywood, Silver Lake, East Hollywood Metro & the 101 Freeway! Seller will consider seller/carry back financing at prime rate. Lots of new development in this immediate pocket. Do not miss this opportunity to build in a high rental demand area close to restaurants, bars, shopping, and transportation. Buyer to verify all zoning information with LADBS. Contact listing agent for more details!

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$1,020,000

Sold July 2023 · listed $1,175,000, on market April 2023 · MLS #23260821 · Source: CRMLS

Listing Agent: Daniel Shamooelian · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Daniel Shamooelian · BRC Advisors- BH

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