$ 1,650,000
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$1,650,000
Price -
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Bed -
0
Bath -
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SqFt
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About the Listing PB11152 - PWSANCMA
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.
Listing Highlights
Status
Active
Days on Site
13
Property Type
Vacant Land
MLS ®
PW26135512
Year Built
Total Square Footage
0
Lot/Acreage
0.16
County
Los Angeles
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Back Yard,Front Yard,Landscaped,Near Public Transit,Street Level,Value In Land,Walkstreet,No Land Lease
- Garage Capacity: N/A
- Zoning: R3-1
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5522021015
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
4915 Elmwood Los Angeles, CA 90004
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