Multiple Listing Service Los Angeles Real Estate

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4705 - 4709 Elmwood Ave, Los Angeles, CA. 90004

Listing Price: $3,050,000 Sold Price: $3,050,000
Beds: N/A | Baths: N/A

1 2 3

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MLS#: 25514903

APN#: 5522-019-011

Status: Sold

Lot Size: 14499

Sq Ft: N/A

Beds: N/A

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Property Type: Land

Sale Type: Standard

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Lease Amount: N/A

Lease Exp: N/A

HOD: N/A

Area: Hancock Park-Wilshire

City: Los Angeles

Zip code: 90004

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View: None

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Parking # N/A

Security: N/A

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Remarks Community Report

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 both market rate and affordable housing. Minutes from Koreatown, Larchmont Village, and Hancock Park, three of LA's most sought-after residential and commercial districts. Excellent access to public transit via nearby Metro lines and key bus routes, with strong connectivity to major employment centers in Downtown LA, Hollywood, and the Miracle Mile. Located near major thoroughfares, including Western Ave, Beverly Blvd, and Melrose Ave, facilitating ease of commute and accessibility.

Seller's Agents

- Name: Niculete, Filip | Email
- Phone: 818-212-2763
- Cell: 626-242-6766
- CalDRE #: 01905352
- Office: Marcus & Millichap
- Office Phone: 818-212-2700
- Name: Scher, Glen Email
- Phone: 818-212-2808
- Cell: 818-667-6683
- CalDRE #: 01962976
- Website
- Office Name: Marcus & Millichap
- Office Phone: 818-212-2700

Buyer's Agents

- Name: Sepidar, Sanaz | Email
- Phone: 310-307-9297
- Cell: 310-307-9297
- Lic #: 02122888
- Office: Compass
- Office Phone: 949-438-4340
- Name: N/A, N/A
- Phone: N/A
- Cell: N/A
- Lic #: N/A
- Office Name: N/A
- Office Phone: N/A

Last Updated: 11/25/2025 11:33:41 AM

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