8450 Oakwood Avenue, Los Angeles, CA 90048

$2,500,000 Approx. USD 4 beds, 2 baths
2,249 sqft

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Agent Remarks

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!

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 25487923

Price: $2,500,000

Beds: 4

Baths: 2

Built in 1940

2,249 sqft

1 story

0.18 acres

Lot size: 0.1781