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!
Property Details
Price:
$2,500,000
MLS #:
25487923
Status:
Active
Baths:
0
Address:
8450 Oakwood Avenue
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
Jan 23, 2025
State:
CA
ZIP:
90048
Lot Size:
7,759 sqft / 0.18 acres (approx)
Year Built:
1940
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
None
Heating
None
Exterior
Parking Features
Converted Garage
Parking Spots
0.00
Financial
Map
Community
- Address8450 Oakwood Avenue Los Angeles CA
- AreaC19 – Beverly Center-Miracle Mile
- CityLos Angeles
- CountyLos Angeles
- Zip Code90048
Similar Listings Nearby
- 2636 Virginia Road
Los Angeles, CA$3,250,000
3.81 miles away
- 1738 Colby Avenue
Los Angeles, CA$3,250,000
4.95 miles away
- 1229 S Kingsley Drive
Los Angeles, CA$3,200,000
4.58 miles away
- 3344 Keystone Avenue
Los Angeles, CA$3,150,000
4.09 miles away
- 2151 S West View Street
Los Angeles, CA$3,150,000
3.31 miles away
- 3916 Kentucky Drive
Los Angeles, CA$3,100,000
4.05 miles away
- 809 S Mansfield Avenue
Los Angeles, CA$3,099,000
2.26 miles away
- 2150 S West View Street
Los Angeles, CA$3,085,000
3.34 miles away
- 3720 Midvale Avenue
Los Angeles, CA$3,050,000
4.63 miles away
- 3406 Virginia Road
Los Angeles, CA$3,050,000
4.18 miles away
Courtesy of Paloma Realty Partners, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
8450 Oakwood Avenue
Los Angeles, CA
LIGHTBOX-IMAGES