4053 Oakwood Ave, Los Angeles, CA 90004
- $2,200,000
- 15
- BD
- 17
- BA
- 10,371
- SqFt
- List Price
- $2,200,000
- MLS#
- 26922171
- Year Built
- 1963
- Bedrooms
- 15
- Bathrooms
- 17
- Living Sq. Ft
- 10,371
- Lot Size
- 9,904
- Lot Location
- City
- Days on Market
- 12
- Property Type
- Multifamily
- Style
- Mid-Century
- Stories
- 2
Property 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.
Additional Information
- Lot Description
- Single Lot, Lot Shape-Rectangular
- Other Buildings
- None
- Pool Description
- None
- Heat
- Wall
- Cooling
- Wall/Window
- View
- City
- Exterior Construction
- Stucco
- Number of Cars in Garage
- Assigned, Covered Parking, Carport Attached
- Water
- Public
Mortgage Calculator
Courtesy of Lyon Stahl Investment Real Estate, Inc., William James - CA DRE#01734419
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