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
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8 Beds
6 Baths
4,316 SqFt
New

11061 Ohio AVE Los Angeles, CA 90025

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,316 sqft

Price per Sqft $498

MLS Listing ID 26848925

Bedrooms 8

HOA Y/N No

Year Built 1947

Lot Size 6,011 Sqft

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 C05 - Westwood - Century City

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Garage

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4324016010

Special Listing Condition Standard


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Listed by Eliyahu Appel Equity Union #01918652

NEARBY SCHOOL & BUSINESS

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Tracy Giordano

Tracy Giordano

Agent | License ID: 02052571

+1(619) 987-5498

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11061 Ohio AVE