4915 Elmwood
Los Angeles, CA 90004
6,803Sqft(Lot)
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
Property Details
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Map
What's Nearby
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Features
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Lot Information
Main Square Feet: 6803 Lot Size Acres: 0.1562 Lot Size Source: Assessor Lot Size Square Feet: 6,803 Lot Description: Back Yard,Front Yard,Landscaped,Near Public Transit,Street Level,Value In Land,Walkstreet
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Listing Price Information
Listing Price: $1650000Cash, Conventional
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Tax Information
Parcel Number: 5522021015 Tax Lot: 61
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Utility Information
Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected, Overhead Utilities -
Location Information
Direction: Elmwood Ave between Beverly Blvd and Melrose Ave, west of Western WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 439 N Commonwealth Avenue, Los Angeles, CA, 90004 | $900,000 | -- | -- | -- | 7,506 Sqft(Lot) |
| 339 N Virgil Avenue, Los Angeles, CA, 90004 | $2,120,000 | -- | -- | -- | 6,839 Sqft(Lot) |
| 182 S Virgil Avenue, Los Angeles, CA, 90004 | $1,100,000 | -- | -- | -- | 6,952 Sqft(Lot) |
| 186 S Virgil Avenue, Los Angeles, CA, 90004 | $1,100,000 | -- | -- | -- | 6,812 Sqft(Lot) |
| 553 N Heliotrope Drive, Los Angeles, CA, 90004 | $1,300,000 | -- | -- | -- | 8,001 Sqft(Lot) |
| 240 S Normandie Avenue, Los Angeles, CA, 90004 | $2,399,000 | -- | -- | -- | 9,004 Sqft(Lot) |
| 250 N Wilton Place, Los Angeles, CA, 90004 | $1,395,000 | -- | -- | -- | 6,937 Sqft(Lot) |
| 103 S Van Ness Avenue, Los Angeles, CA, 90004 | $1,300,000 | -- | -- | -- | 7,635 Sqft(Lot) |
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ByOwner last updated this listing 08/11/2026 @ 11:43
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