8450 Oakwood Avenue, Los Angeles, CA 90048

0 beds 0 baths 7,759 sq.ft.

Offerered at: $2,500,000.00

County: Los Angeles
Year Built: 1940
Association Fees: $0.00/mo.

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!

ESSENTIAL INFO

  • Status: Active