11061 Ohio Ave, Los Angeles, CA 90025
11061 Ohio Ave, Los Angeles, CA 90025
11061 Ohio Ave, Los Angeles, CA 90025
11061 Ohio Ave, Los Angeles, CA 90025
11061 Ohio Ave, Los Angeles, CA 90025
11061 Ohio Ave, Los Angeles, CA 90025
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$ 2,150,000
Est. payment | /mo

8 Beds

6 Baths

4,316 SqFt


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$ 2,150,000
Est. payment | /mo
Save

8 Beds

6 Baths

4,316 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,316 sqft

Price per Sqft $498

MLS Listing ID 26848925

Bedrooms 8

Year Built 1947

Lot Size 6,010 Sqft

Acres 0.138

Property Sub-Type Multi-Family

Property Description

11061 Ohio Ave presents a rare West Los Angeles triplex opportunity consisting of three vacant units: one spacious 5-bedroom/3-bath unit with a den, one 2-bedroom/2-bath unit with a den, and one 1-bedroom/1-bath unit with a den. Delivered fully vacant, the property offers immediate flexibility for an owner-user, investor, or developer to renovate and lease the units at current market rents, maximizing income potential from day one.11061 Ohio Ave may also be acquired together with 1433 S. Bentley Ave, creating a combined 12,000+ SF development site. The site's [Q]RD3-1-O zoning and favorable transit-oriented positioning may support the development of approximately 3536 residential units through a stacked density bonus strategy utilizing AB 1287 "Double Bonus" incentives. Under this framework, a developer may be able to increase achievable density while improving project economics through potential parking reductions, enhanced FAR allowances, and streamlined entitlement pathways.

Location

State CA

County Los Angeles

Area Westwood - Century City

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Garage

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Equity Union

NEARBY SCHOOLS & PROPERTIES

Shantrece Thomas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 760-6560

shantrecethomas@gmail.com

200 W FORSYTH STREET SUITE 1605, Jacksonville, Florida 32202, United States

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11061 Ohio Ave