4421 OAKWOOD Avenue

2 2 0

Back on market. Previously in-contract above list price. Development opportunity for seasoned developers, contractors & investors. The lot is zoned LAR3, sits in both an Enterprise Zone & 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 & 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 & complete a PEAD form.
4421 OAKWOOD Avenue, Los Angeles, CA 90004 | Residential | Single Family Residence | Active | 1076 SF | 4120 SF Lot | Built 1920 | 1 Stories | MLS# 20584572

Offered at $950,000

Features

Beds: 2 | Baths: 2.00 | Pool: No | View: None | Colling : None | Roofing: Shingle | Heating : None

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of September 22, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Roberto Rodriguez, Compass, Source: Local MLS