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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 Updated | 5/8/2025 | Year Built | 1963 |
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Community | Mid-Wilshire | County | Los Angeles |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Refrigerator |
AREA | Mid-Wilshire |
CONSTRUCTION | Stucco |
GARAGE | Assigned |
HEAT | Wall Furnace |
LOT | 9901 sq ft |
LOT DESCRIPTION | Rectangular Lot |
LOT DIMENSIONS | 50x198 |
PARKING | Assigned |
POOL DESCRIPTION | None |
SEWER | Other |
STORIES | 2 |
STYLE | Mid-Century Modern |
VIEW | Yes |
VIEW DESCRIPTION | City Lights |
ZONING | LAR3 |
Location
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