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11061 Ohio Ave

Los Angeles CA 90025

8
6
1
4316 sq. ft.
6010 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
6 bathrooms
1 carspace
1 garage space
4316 sq. ft. floor area
6010 sq. ft. lot size
Other

Property history for 11061 Ohio Ave

2023
Rented
Undisclosed
28 Sep 2023 by Chad Z. King, Broker
2020
Rented
Undisclosed
15 Dec 2020 by Revel Real Estate
2020
Sold
$4,100,000
21 Oct 2020 by Hamid Soroudi, of Keller Williams Beverly Hills

Happy sellers in Los Angeles

90%
90% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Los Angeles over the last 12 months.

Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 3 eight-bedroom other properties similar to 11061 Ohio Ave, have been sold.

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