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
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Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1562 -
Lot Size Source: Assessor Lot Size Square Feet: 6803
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Listing Price Information
Original List Price: 1,650,000 Listing Contract Date: 2026-06-21 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5522021015
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Other Property Info
Source Listing Status: Active Source Neighborhood: C18 - Hancock Park-Wilshire Directions: Elmwood Ave between Beverly Blvd and Melrose Ave, west of Western Zoning: R3-1 Source Property Type: Land Area: C18 - Hancock Park-Wilshire
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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) |
| 627 N Juanita Avenue, Los Angeles, CA, 90004 | $2,300,000 | -- | -- | -- | 7,544 Sqft(Lot) |
| 144 S Catalina, Los Angeles, CA, 90004 | $1,895,000 | -- | -- | -- | 9,024 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) |
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ByOwner last updated this listing 06/25/2026 @ 21:21
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