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8450 Oakwood Avenue

Los Angeles (City), CA 90048
  • $2,500,000
  • STATUS: Active
  • ON SITE: 91 Days
  • MLS #: 25487923
UPDATED: 19 min ago
$2,500,000
  • 4
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,249
    SQFT
  • $1,112
    $/SQFT
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Listing Agent(s): Adam Kanizo of Paloma Realty Partners, Inc. (310-392-2436)


Description

Positioned on the coveted corner of Oakwood and Alfred, this corner lot property presents a rare opportunity to own and transform a duplex into your own. The property is currently tenant occupied generating a gross annual income of $110,000. There are two 2/bed units on the 7,759 square foot lot which includes a detached garage and backyard, making it a perfect owner/user as is. However, the property comes with development plans for a sophisticated 2-story home complete with a luxurious basement, private cabanas, a sparkling pool, and an additional ADU perfect for hosting, working, or renting out. Nestled just moments from La Cienega, this sought-after neighborhood offers unbeatable access to some of LA's most iconic hotspots, from world-class dining and trendy boutiques to the upscale Beverly Center. Whether you're dreaming of your forever home or a savvy investment, this property is your blank canvas to create something extraordinary. Contact Adam Kanizo today for exclusive details and to explore the full vision of this one-of-a-kind property!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T10:34:26.883. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159689631
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8450 Oakwood Avenue Los Angeles (City), CA 90048

  • Price: $2,500,000
  • Status: Active
  • On Site: 91 Days
  • Updated: 19 min ago
  • MLS #: 25487923
4
Beds
0
Baths
0
½ Baths
0.18
Acres
2,249
SQFT
$1,112
$/SQFT
1940
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
Positioned on the coveted corner of Oakwood and Alfred, this corner lot property presents a rare opportunity to own and transform a duplex into your own. The property is currently tenant occupied generating a gross annual income of $110,000. There are two 2/bed units on the 7,759 square foot lot which includes a detached garage and backyard, making it a perfect owner/user as is. However, the property comes with development plans for a sophisticated 2-story home complete with a luxurious basement, private cabanas, a sparkling pool, and an additional ADU perfect for hosting, working, or renting out. Nestled just moments from La Cienega, this sought-after neighborhood offers unbeatable access to some of LA's most iconic hotspots, from world-class dining and trendy boutiques to the upscale Beverly Center. Whether you're dreaming of your forever home or a savvy investment, this property is your blank canvas to create something extraordinary. Contact Adam Kanizo today for exclusive details and to explore the full vision of this one-of-a-kind property!
Exterior Features

Parking Features Converted Garage Parking Total 0

Interior Features

Cooling None Cooling YN No Heating None Heating YN No

Property Features

Additional Parcels YN No Association YN No Gross Income 110724 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 74024 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T10:34:26.883. 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 deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Adam Kanizo of Paloma Realty Partners, Inc. (310-392-2436)