4727 Oakwood Avenue, Los Angeles, California 90004, Los Angeles, 90004 - 6 bed, 5 bath
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Los Angeles, California 90004
Analysis of 4727 Oakwood Avenue, Los Angeles, California 90004 is currently available with a list price of $2,200,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1914, the property shows some cosmetic interior updates such as newer flooring and paint in the living areas. However, the bathroom and utility areas are significantly dated with visible exposed electrical conduit and window AC units, indicating that the core systems and wet rooms are well over 20 years old and require modernization.
As a quadruplex featuring three units at the rear, this property offers immediate rental income opportunities, making it highly attractive for investors or owner-occupiers seeking to offset their mortgage.
Situated in the high-demand Koreatown and Hancock Park vicinity, the property is minutes away from Larchmont Village and Melrose, ensuring strong long-term appreciation and low vacancy rates.
The generous 7,258-square-foot lot is located in a recognized redevelopment area, providing significant potential for investors to add value through modernization or further site expansion.
Built in 1914, the property may require substantial maintenance or costly upgrades to century-old systems, such as plumbing, electrical, and seismic retrofitting, to meet modern standards.
While the local elementary and middle schools are highly rated, the assigned high school has a lower rating of 4, which may be a deterrent for families prioritizing long-term educational stability.
LOCATION, LOCATION,LOCATION. WELCOME TO OUR STYLISH 3BDR/2BA HOME IN THE HEART OF KOREATOWN AND HANCOCK PARK AREA. A GREAT OPPURTUNITY FOR FIRST TIME BUYERS AND INVESTORS. 3 UNITS AT THE BACK WHICH GIVES A PASSIVE INCOME MONTHLY. JUST MOVE RIGHT IN. LOCATED IN THE VICINITY OF LARCHMONT VILLAGE, MELROSE AND MIDWILSHIRE. GREAT REDEVELOPMENT AREA. A LOT OF GREAT POTENTIALS AND BUSINESS OPPURTUNITIES.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 5.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 3,024 | 2,250 |
| Lot Size | 7,258 | 5,864 |
| Price | $2.20M | $826.7K |
| Price per sq ft | $728 | $395 |
| Built year | 1914 | 1925 |
| HOA | $0 | $0 |
| Days on market | 5 | 83 |
Jul 18, 2026
$2,200,000
Initial Listing
Jul 17, 2026
$22,000,000
Initial Listing
Nov 1, 2017
$265,000
Public Record
Nov 1, 2002
$485,000
Public Record