11378 Ovada PL new

Los Angeles,CA 90049

$ 4500000

8 Beds

6 Baths

5341 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,341 sqft

Price per Sqft $842

MLS Listing ID 25593997

Bedrooms 8

Year Built 1947

Lot Size 0.300 Acres

Property Description

Rare opportunity in an irreplaceable Brentwood location! This 4-unit property is situated on a large 13,080 sq ft LARD1.5 lot, offering strong current income and exceptional development potential. Two units will be delivered vacant, including a spacious 3 bed + 3 bath unit perfect for an owner-user, and a 1 bed + 1 bath unit ready for market rent. The other two units (2 bed + 1 bath each) are tenant-occupied at $2,343 and $2,731/month.Multiple detached garage structures offer excellent potential for ADU conversion under SB9, with room to add additional units and increase revenue. This is a true value-add opportunity for investors or developers looking to remodel existing units and build additional dwellings on a rare oversized Brentwood lot.Centrally located near San Vicente Blvd, top-rated schools, shopping, dining, and world-class amenities. Do not miss this chance to own a premier multifamily asset in one of LA's most sought-after neighborhoods.

Location

State CA

County Los Angeles

Area C04 - Bel Air - Holmby Hills

Zoning LARD1.5

Interior

Heating Wall Furnace

Building

Story 2

New Construction No

Others

Special Listing Condition Standard

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