11061 Ohio Avenue, Los Angeles, CA 90025
List Price: $2.15M
Listing Status: Active
0Days on Market: 0
8 Bedrooms · 6 Bathrooms · 4,316 sq ft
Property Type: ResidentialIncome
Year Built: 1947
Lot Size: 6,010 sq ft
MLS Number: 26848925
About This Property
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.
Listing provided by: Eliyahu Appel DRE #01918652 818-989-2000 eli.appel@theappelgroup.com, Equity Union
Source: CRMLS, MLS #: 26848925
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.