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4053 Oakwood Ave

Los Angeles, CA 90004
  • $2,600,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 25534999
Price Reduced
UPDATED: 49 min ago
$2,600,000
  • 15
    BEDS
  • 0.22
    ACRES
  • 17
    BATHS
  • 0
    1/2 BATHS
  • 10,371
    SQFT
  • $251
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:
Area:

School Ratings & Info

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. Each residence features a private balcony or patio and efficient, tenant-friendly layouts that enhance livability and long-term tenancy. 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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-24T17:43:05.84. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/163507920
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4053 Oakwood Ave Los Angeles, CA 90004

  • Price: $2,600,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 49 min ago
  • MLS #: 25534999
15
Beds
17
Baths
0
½ Baths
0.22
Acres
10,371
SQFT
$251
$/SQFT
1963
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
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. Each residence features a private balcony or patio and efficient, tenant-friendly layouts that enhance livability and long-term tenancy. 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.
Exterior Features

Covered Parking 10 Cross Streets Oakwood and Heliotrope Direction Faces South Exterior Construction Stucco Levels Multi/Split Lot Description Lot Shape-RectangularSingle Lot Lot Location City Lot Size Area 9901 Other Structures None Parking Garage Assigned Patio Features Patio Open Pool Description None Pool YN No Spa None Spa YN No Sprinklers None Style Mid-Century Tennis Court None Tennis YN No Total Parking 12 View Description City View YN Yes Water Frontage None

Interior Features

Common Walls Attached Cooling Wall/Window Equipment RefrigeratorRange/Oven Fireplace Rooms None Heating Wall Laundry Laundry Area Laundry Equipment Lease Water Heater Features Gas

Property Features

Alley YN No Assessed Total Value 1228227 Disclosures As Is Gross Income 248419 Gross Operating Income 241722 Land Lease Type Fee Like Units1 2 Like Units2 5 Like Units3 5 Net Operating Income 151535.00 Number Of Buildings 1 Number Of Units 12 Owner Pays Water Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(s)Smoke DetectorExterior Security Lights Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Assessor Source Lot Size Dimensions Other Tenant Pays ElectricityGas Total Annual Expense 900188 Type Of Units Apt Water Public Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning LAR3

Listing provided courtesy of William James DRE#01734419 of Lyon Stahl Investment Real Estate, Inc.: 310-425-9838.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-24T17:43:05.84. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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