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!
For sale
$2,500,000
8450 Oakwood Ave, Los Angeles, CA 90048
4beds
2baths
2,249sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$2,339,900 Zestimate®
$1,112/sqft
$-- HOA
What's special
Sparkling poolDetached garageCorner lot
- 108 days
- on Zillow |
- 210 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: January 30, 2025 at 04:01pm
Listed by:
Adam Kanizo DRE # 02008361 818-292-1346,
Paloma Realty Partners, Inc. 310-392-2436
Source: CLAW,MLS#: 25-487923

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- None
Cooling
- None
Interior area
- Total structure area: 2,249
- Total interior livable area: 2,249 sqft
Property
Parking
- Parking features: Converted Garage
- Has garage: Yes
Features
- Levels: One
Lot
- Size: 7,758.04 Square Feet
Details
- Additional structures: Other
- Parcel number: 5514011001
- Zoning: LAR2
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $1,112/sqft
- Tax assessed value: $2,069,355
- Annual tax amount: $25,205
- Date on market: 1/23/2025
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