4718 Oakwood Avenue, Los Angeles, CA 90004
Commercial property · 2 recorded sales since 2026
Sold March 2026
Listing Agent: Arash Akbari (DRE #01447600) · Listing Office: The Agency · Contact: 818-400-4344 · Bought with: Filip Niculete · Marcus & Millichap · MLS #SR24102025 · Source: CRMLS
About this commercial property
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.
Listing description from the March 2026 sale, as reported to CRMLS.
Sale history
