4915 Elmwood, Los Angeles, CA 90004
4915 Elmwood, Los Angeles, CA 90004
4915 Elmwood, Los Angeles, CA 90004
4915 Elmwood, Los Angeles, CA 90004
4915 Elmwood, Los Angeles, CA 90004
4915 Elmwood, Los Angeles, CA 90004
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Danny Navarro

Danny Navarro

+1(949) 903-6633
$ 1,650,000
Est. payment | /mo

6,804 Sqft Lot

Save
$ 1,650,000
Est. payment | /mo
Save

6,804 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26135512

HOA Y/N No

Lot Size 6,804 Sqft

Property Description

RTI PERMITS IN PLACE. Rare ground-up multifamily development opportunity in Hancock Park. 4915 Elmwood is a 6,803 SF R3-1 lot with a planned 18-unit, two-building, 8,242 SF project. Front building: 3 stories, 8 apartments (mix of 1BR, 1BR+Den, and 2BR), most with private patios or shared roof deck. Rear building: 2 stories, 2 detached ADUs plus 6 permitted recreation rooms, designed for post-Certificate of Occupancy conversion to 6 additional ADUs, bringing the project to 18 units total under California state ADU law. All-electric, rooftop solar, individually submetered. No elevator. Delivered outside LA's Rent Stabilization Ordinance as new construction. Currently improved with a 1920s Craftsman SFR and garage, delivered vacant and 'as is' at close of escrow. Quiet tree-lined residential street, minutes to Larchmont Village's shops and restaurants. Full plans and entitlement file available to qualified buyers. Buyer to independently verify all material facts with LADBS and the City of Los Angeles.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning R3-1

Interior

Fireplace No

Exterior

Community Features Curbs, Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected, Overhead Utilities

View Y/N Yes

View Neighborhood

Present Use Residential,Single Family

Building

Lot Description Back Yard, Front Yard, Landscaped, Near Public Transit, Street Level, Value In Land, Walkstreet

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5522021015

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Maria Sanchez Rodriguez First Reliant, Inc. #02232577

Nearby Locations

Danny Navarro

Making real estate fast, fun, and stress-free!

+1(949) 903-6633

dannynteam@gmail.com

2700 N Main St suite 1101, Santa Ana, CA, 92705,Unit, USA

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4915 Elmwood