8450 Oakwood Avenue

Los Angeles, CA 90048

$2,500,000

List Price

4

bed Beds

2

shower Baths

2,249 sqft

straighten / sqft

1940

calendar_month Built

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!

Listing Information

List Price $2,500,000
Status Active
MLS 25487923
Type Residential Income
Year Built 1940
Lot Size 7,759
Structure Size 2,249
Courtesy Of Paloma Realty Partners, Inc.
Listing Agent Adam Kanizo DRE#02008361

Interior Features

Total Bedroom
Bedrooms 4
Total Bathroom
Bathrooms 2
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Adam Kanizo, Paloma Realty Partners, Inc. 818-292-1346. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 23rd, 2025 at 10:55 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.