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$ 2,150,000
Est. payment | /mo
8 Beds
4,316 SqFt
$ 2,150,000
Est. payment | /mo
8 Beds
4,316 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 4,316 sqft
Price per Sqft $498
MLS Listing ID CL26848925
Bedrooms 8
HOA Y/N No
Year Built 1947
Lot Size 6,010 Sqft
Acres 0.14
Property Sub-Type OTHER
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
Zoning LAR3
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Fireplace No
Building
New Construction No
Others
Tax ID 4324016010
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Listed by Eliyahu Appel • Equity Union
NEARBY SCHOOLS & PROPERTIES
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