4705 - 4709 Elmwood Avenue, Los Angeles, CA 90004

Local realty services provided by:ERA Excel Realty
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4705 - 4709 Elmwood Avenue,Los Angeles, CA 90004
$3,650,000
  • 0.33 Acres
  • Lots / Land
  • Active
Listed by:filip niculete
Office:marcus & millichap
MLS#:25514903
Source:CRMLS

Price summary

  • Price:$3,650,000

About this home

We are excited to present 4705-4709 Elmwood Ave (APNs: 5522-019-011 & 5522-019-010), a unique development opportunity in the highly desirable Greater Wilshire neighborhood of Los Angeles, California. This site presents significant upside potential through various development pathways, including maximizing density through ED1 affordable housing incentives or Small Lot Subdivision (SB 684) to build 10 homes.Zoned C2-1 with a lot area of 14,499 sq. ft., the site offers multiple development options under current zoning and recent legislative incentives: ED1 (100% Affordable Housing) / Small Lot Subdivision (SB 684) / AB 1287 Density Bonus (Mixed-Income) / By-Right Development. The property is strategically located in the highly desirable Wilshire Community Plan Area within the Greater Wilshire neighborhood, a vibrant and centrally located pocket of Los Angeles. The area is characterized by a mix of commercial corridors and charming residential neighborhoods, offering strong demand for

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Home facts

  • Listing Id #:25514903
  • Added:150 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Structure and exterior

  • Lot area:0.33 Acres

Finances and disclosures

  • Price:$3,650,000
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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