4053 Oakwood Avenue
Los Angeles, CA 90004
- – beds
- – baths
- – sqft
- 9,901 sqft lot
- 1963 build
- – on site
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.
Last checked:
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Last updated May 16, 2025
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MLS# 25534999 —
The Building
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Year Built:1963
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New Construction:No
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Construction Materials:Stucco
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Building Area Total:10371.00
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Total Number Of Units:12
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# of Buildings:1
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Architectural Style:Mid Century Modern
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Stories Total:2
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Faces:South
Interior
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Levels:Multi/Split
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Fireplace:No
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Fireplace:None
Location
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Directions:Exit Vermont off the 101fwy and head West on Oakwood, property is on the North side of the street.
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Latitude:34.07806000
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Longitude:-118.29447900
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Features:Rectangular Lot
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Lot Size Area:9901.0000
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Lot Size Dimensions:50x198
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Lot Size Acres:0.2273
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Lot Size SqFt:9901.00
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Lot Size Source:Assessor
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View:1
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View:City Lights
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5520017008
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Other
Appliances
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Appliances:Refrigerator
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:12.00
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Uncovered Spaces:2.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/8/25
May 8, 2025
|
Listed / Active | CRMLS_CA | $2,800,000 |