11061 Ohio Ave, Los Angeles, CA 90025
- $2,150,000
- 8
- BD
- 6
- BA
- 4,316
- SqFt
- List Price
- $2,150,000
- MLS#
- 26848925
- Year Built
- 1947
- Bedrooms
- 8
- Bathrooms
- 6
- Living Sq. Ft
- 4,316
- Lot Size
- 6,010
- Days on Market
- 24
- Property Type
- Multifamily
- Stories
- 2
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.
Additional Information
- Other Buildings
- None
- Heat
- Wall
- Cooling
- None
- Number of Cars in Garage
- Garage
Mortgage Calculator
Courtesy of Equity Union, Eliyahu Appel - CA DRE#01918652
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