Back on market. Previously in-contract above list price. Development opportunity for seasoned developers, contractors and investors. The lot is zoned LAR3, sits in both an Enterprise Zone and Transit-Oriented Community with a designation of Medium Residentia
4421 Oakwood Ave, Los Angeles, CA 90004, USA
$950,000 USD 2 2
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Address4421 Oakwood Avenue, Los Angeles
Property SubtypeSingle Family Residence
Price$950,000
Price Changed9.52% (-$100,000, 87 days ago)
Year Built1920
Bedrooms Total2
Bathrooms Full2
Living Area1,076
Lot Size (Sq.Ft.)4,120
Listing ID20584572
StatusActive
Parcel Number5521023016
ZoningLAR3
Special ConditionsStandard
Days on Market137

Detailed Description: Back on market. Previously in-contract above list price. Development opportunity for seasoned developers, contractors and investors. The lot is zoned LAR3, sits in both an Enterprise Zone and Transit-Oriented Community with a designation of Medium Residential by the General Land Use Plan. In LA the primary multi-family zones are RD or restricted density ranging from R1 to R5 in order of increasing density for a total of 6 classifications. For these zones, density is controlled by requiring a minimum lot area per apartment. R3 requires 800 sq.ft for each unit. Property setup and development details are available upon request. Priced for a quick sale. Currently, tenant occupied but will be delivered vacant if requested by the purchaser. Please drive by first and if an interior walkthrough is needed prior to writing an offer please give 5-7 days and complete a PEAD form.

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Cooling
Fireplace
Laundry
Parking
Pool Private
Senior Community
Spa

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Address Information
Address4421 Oakwood Avenue, Los Angeles
Street SuffixAvenue
CityLos Angeles
Location (MLS Area)C17 – Mid-Wilshire
County Or ParishLos Angeles
State or ProvinceCA
Postal Code90004
Financial Information
Price Changed-9.5238%
Previous Price$1,050,000
Price per Square Foot$882.90
Price per Lot Square Foot$230.58
Special ConditionsStandard
Tax Year2020
Full Descriptions
Parcel Number5521023016
Detailed DescriptionBack on market. Previously in-contract above list price. Development opportunity for seasoned developers, contractors and investors. The lot is zoned LAR3, sits in both an Enterprise Zone and Transit-Oriented Community with a designation of Medium Residential by the General Land Use Plan. In LA the primary multi-family zones are RD or restricted density ranging from R1 to R5 in order of increasing density for a total of 6 classifications. For these zones, density is controlled by requiring a minimum lot area per apartment. R3 requires 800 sq.ft for each unit. Property setup and development details are available upon request. Priced for a quick sale. Currently, tenant occupied but will be delivered vacant if requested by the purchaser. Please drive by first and if an interior walkthrough is needed prior to writing an offer please give 5-7 days and complete a PEAD form.
Flooring DescriptionLaminate
Room TypeLiving Room
Roof DescriptionShingle
Laundry FeaturesNone
Heating DescriptionNone
Cooling DescriptionNone
Parking FeaturesDriveway
Fireplace FeaturesNone
View DescriptionNone
Pool FeaturesNone
Spa FeaturesNone
Property parameters
Year Built1920
Living Area (Sq.Ft.)1,076
Lot Size (Sq.Ft.)4,120
ZoningLAR3
Stories Total1
Bathrooms Full2
Property SubtypeSingle Family Residence
Year Built SourceAssessor
Listed withRoberto Rodriguez (Compass)